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REGISTERED NUMBER: 05746955 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SPECIAL ARTS SERVICES LIMITED

SPECIAL ARTS SERVICES LIMITED (REGISTERED NUMBER: 05746955)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Balance Sheet 1

Notes to the Financial Statements 2


SPECIAL ARTS SERVICES LIMITED (REGISTERED NUMBER: 05746955)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 261,671 337,523

CURRENT ASSETS
Stocks 5 59,744 19,594
Debtors 6 111,444 72,367
Cash at bank 354,219 519,218
525,407 611,179
CREDITORS
Amounts falling due within one year 7 61,107 95,104
NET CURRENT ASSETS 464,300 516,075
TOTAL ASSETS LESS CURRENT LIABILITIES 725,971 853,598

PROVISIONS FOR LIABILITIES 50,306 84,381
NET ASSETS 675,665 769,217

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 675,565 769,117
675,665 769,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 25 July 2025 and were signed by:





Mr S J White - Director


SPECIAL ARTS SERVICES LIMITED (REGISTERED NUMBER: 05746955)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Special Arts Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05746955

Registered office: 25 Richardson Road
Hove
East Sussex
BN3 5RB

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 8 ) .

SPECIAL ARTS SERVICES LIMITED (REGISTERED NUMBER: 05746955)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2024 16,488 429,256 14,026 92,807 552,577
Additions - 8,634 - - 8,634
At 31 March 2025 16,488 437,890 14,026 92,807 561,211
DEPRECIATION
At 1 April 2024 5,359 158,244 12,035 39,416 215,054
Charge for year 1,649 68,991 498 13,348 84,486
At 31 March 2025 7,008 227,235 12,533 52,764 299,540
NET BOOK VALUE
At 31 March 2025 9,480 210,655 1,493 40,043 261,671
At 31 March 2024 11,129 271,012 1,991 53,391 337,523

5. STOCKS
2025 2024
£    £   
Stocks 59,744 19,594

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 88,161 41,681
Other debtors 23,283 30,686
111,444 72,367

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 21,833 28,671
Taxation and social security 20,227 7,089
Other creditors 19,047 59,344
61,107 95,104