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REGISTERED NUMBER: 10327639 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

SBM Management Services Limited

SBM Management Services Limited (Registered number: 10327639)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SBM Management Services Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: M Brine
B Greathurst
S Leach





REGISTERED OFFICE: Berkeley House
Amery Street
Alton
Hampshire
GU341HN





REGISTERED NUMBER: 10327639 (England and Wales)





ACCOUNTANTS: Styles & Associates Limited
Berkeley House
Amery Street
Alton
Hampshire
GU34 1HN

SBM Management Services Limited (Registered number: 10327639)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100 -

CURRENT ASSETS
Debtors 5 74,690 47,077
Cash at bank 5,655 6,703
80,345 53,780
CREDITORS
Amounts falling due within one year 6 72,594 50,563
NET CURRENT ASSETS 7,751 3,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,851

3,217

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 7,751 3,117
SHAREHOLDERS' FUNDS 7,851 3,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





B Greathurst - Director


SBM Management Services Limited (Registered number: 10327639)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

SBM Management Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

Turnover
Turnover represents net invoiced sales of good and services.excluding value added tax.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SBM Management Services Limited (Registered number: 10327639)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 100
At 31 October 2023 100
NET BOOK VALUE
At 31 October 2023 100

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 74,690 47,077

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 1 -
Amounts owed to group undertakings 22,700 19,395
Taxation and social security 49,059 30,153
Other creditors 834 1,015
72,594 50,563

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
49 Ordinary £1 49 49
2 A Ordinary £1 2 2
49 B Ordinary £1 49 49
100 100

SBM Management Services Limited (Registered number: 10327639)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
M Brine
Balance outstanding at start of year 20,057 19,627
Amounts advanced 67,909 52,506
Amounts repaid (57,177 ) (52,076 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 30,789 20,057

B Greathurst
Balance outstanding at start of year 13,440 14,172
Amounts advanced 62,843 58,344
Amounts repaid (57,177 ) (59,076 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,106 13,440

S Leach
Balance outstanding at start of year (192 ) 3,814
Amounts advanced 61,543 48,070
Amounts repaid (57,130 ) (52,076 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,221 (192 )

At the year end, the director's owe the company £54,117, (2022: £33,307).

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.