REGISTERED NUMBER: 08555870 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

SAS DRYLINING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S P Williams

SECRETARY:

REGISTERED OFFICE:

Unit 35

Ynyswen Industrial Estate

Treorchy

Mid Glamorgan

CF42 6EP

REGISTERED NUMBER:

08555870 (England and Wales)

FIXED ASSETS

Intangible assets

4

9,800

12,000

Tangible assets

5

58,243

20,146

Investments

6

231,424

137,924

299,467

170,070

CURRENT ASSETS

Debtors

7

285,288

195,575

Cash at bank

74,298

83,877

359,586

279,452

CREDITORS

Amounts falling due within one year

8

173,725

63,757

NET CURRENT ASSETS

185,861

215,695

TOTAL ASSETS LESS CURRENT LIABILITIES

485,328

385,765

CAPITAL AND RESERVES

Called up share capital

102

100

Retained earnings

485,226

385,665

SHAREHOLDERS' FUNDS

485,328

385,765

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 23 September 2025 and were signed by:

S P Williams - Director

1.	STATUTORY INFORMATION

SAS DRYLINING LTD 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

22,000

AMORTISATION

At 1 April 2024

10,000

Charge for year

2,200

At 31 March 2025

12,200

NET BOOK VALUE

At 31 March 2025

9,800

At 31 March 2024

12,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

56,506

Additions

46,417

At 31 March 2025

102,923

DEPRECIATION

At 1 April 2024

36,360

Charge for year

8,320

At 31 March 2025

44,680

NET BOOK VALUE

At 31 March 2025

58,243

At 31 March 2024

20,146

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

137,924

Additions

93,500

At 31 March 2025

231,424

NET BOOK VALUE

At 31 March 2025

231,424

At 31 March 2024

137,924

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

73,740

58,420

Other debtors

127,604

52,181

Due from Associate Company

70,013

83,763

VAT

13,931

1,211

285,288

195,575

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

36,445

-

Trade creditors

35,440

13,424

Tax

92,182

15,977

Social security and other taxes

5,650

11,318

Directors' current accounts

8

-

Accrued expenses

4,000

23,038

173,725

63,757