REGISTERED NUMBER: 13798595 (England and Wales)

ABRIDGED AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SBK (N&B) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M A Cleary

D E Jackson

REGISTERED OFFICE:

1 Bridge Street Bridge Street

United Kingdom

Evesham

Worcestershire

WR11 4SQ

REGISTERED NUMBER:

13798595 (England and Wales)

AUDITORS:

HB&O Ltd

Chartered Accountants and Statutory Auditors

Seven Stars House

1 Wheler Road

Coventry

CV3 4LB

FIXED ASSETS

Tangible assets

4

1,431,605

1,358,144

CURRENT ASSETS

Debtors

5,729

110,157

Cash at bank

2,923

13,545

8,652

123,702

CREDITORS

Amounts falling due within one year

652,320

1,318,918

NET CURRENT LIABILITIES

(643,668

)

(1,195,216

)

TOTAL ASSETS LESS CURRENT LIABILITIES

787,937

162,928

CREDITORS

Amounts falling due after more than one year

911,894

304,130

NET LIABILITIES

(123,957

)

(141,202

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(123,958

)

(141,203

)

(123,957

)

(141,202

)

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 September 2025 and were signed on its behalf by:

M A Cleary - Director

1.	STATUTORY INFORMATION

Sbk (N&B) 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

The company has made pre-tax profit of £17,245. Net current liabilities at the period end amounted to £643,668 (2023 - £1,195,216). As shown on the balance sheet, the company had overall net liabilities of £123,957 (2023 - £141,202).

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore believe that the going concern basis of accounts preparation is appropriate.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

1,358,144

Additions

73,461

At 31 December 2024

1,431,605

NET BOOK VALUE

At 31 December 2024

1,431,605

At 31 December 2023

1,358,144

5.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Gregg Olner MPhil BA(Hons) FCA (Senior Statutory Auditor)

for and on behalf of HB&O Ltd

6.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

7.	CONTROLLING INTEREST

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.