REGISTERED NUMBER: 09342694 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SBRC LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B P Wiltshire

S Windows

SECRETARY:

REGISTERED OFFICE:

Unit 13 Bakers Park

Cater Road

Bristol

BS13 7TT

REGISTERED NUMBER:

09342694 (England and Wales)

ACCOUNTANTS:

Branscombe Accountancy Services Limited

2 Branscombe Walk

Portishead

North Somerset

BS20 8LP

BANKERS:

Barclays Bank Plc

1 High Street

Westbury - On - Trym

Bristol

BS9 3DR

FIXED ASSETS

Tangible assets

4

72,888

96,801

CURRENT ASSETS

Stocks

425,000

300,000

Debtors

5

(21,203

)

109,072

Cash at bank

8,502

15,972

412,299

425,044

CREDITORS

Amounts falling due within one year

6

188,601

220,556

NET CURRENT ASSETS

223,698

204,488

TOTAL ASSETS LESS CURRENT LIABILITIES

296,586

301,289

CREDITORS

Amounts falling due after more than one year

7

82,883

102,016

NET ASSETS

213,703

199,273

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

212,703

198,273

SHAREHOLDERS' FUNDS

213,703

199,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 30 September 2025 and were signed on its behalf by:

B P Wiltshire - Director

S Windows - Director

1.	STATUTORY INFORMATION

Sbrc 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.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 NIL (2023 - 2 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

8,500

5,613

123,983

498

138,594

DEPRECIATION

At 1 January 2024

5,775

3,074

32,765

179

41,793

Charge for year

409

635

22,805

64

23,913

At 31 December 2024

6,184

3,709

55,570

243

65,706

NET BOOK VALUE

At 31 December 2024

2,316

1,904

68,413

255

72,888

At 31 December 2023

2,725

2,539

91,218

319

96,801

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

2,850

-

Other debtors

(24,053

)

109,072

(21,203

)

109,072

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

9,138

9,138

Trade creditors

8,060

1,181

Taxation and social security

108,939

122,940

Other creditors

62,464

87,297

188,601

220,556

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

15,870

25,865

Hire purchase contracts

67,013

76,151

82,883

102,016