Specialised Group Limited

	Page
Company Information	1
Directors' Report	2
Accountant's Report	3
Abridged Profit and Loss Account	4
Abridged Balance Sheet	5—6
Notes to the Abridged Financial Statements	7—8

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Company No. 09957505

Directors' Report For The Year Ended 31 January 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 January 2025.

Directors

The directors who held office during the year were as follows:

Mrs S E Ohanlon

Mr A L Strode

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mr A L Strode

Director

28 October 2025

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Specialised Group Limited

Accountant's Report

For The Year Ended 31 January 2025

Accountant's Report

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Specialised Group Limited for the year ended 31 January 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Specialised Group Limited for the year ended 31 January 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Specialised Group Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Specialised Group Limited and state those matters that we have agreed to state to the directors of Specialised Group Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Specialised Group Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Specialised Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Specialised Group Limited . You consider that Specialised Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Specialised Group Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed

31 October 2025

Alexander Myerson & Co Limited

Alexander House

61 Rodney Street

Liverpool

Merseyside

L1 9ER

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Specialised Group Limited

Abridged Profit and Loss Account

For The Year Ended 31 January 2025

Abridged Profit and Loss Account

		2025	2024
	Notes	£	£
GROSS PROFIT		485,247	305,307

Administrative expenses		(470,885 )	(254,294 )

OPERATING PROFIT		14,362	51,013
Profit on disposal of fixed assets		-	400
Other interest receivable and similar income		116	2
Interest payable and similar charges		(839 )	(3,325 )

PROFIT BEFORE TAXATION		13,639	48,090
Tax on Profit		(5,063 )	(9,632 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		8,576	38,458

The notes on pages 7 to 8 form part of these financial statements.

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Specialised Group Limited

Abridged Balance Sheet

As At 31 January 2025

Abridged Balance Sheet

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		54,641		47,796

			54,641		47,796
CURRENT ASSETS
Stocks		120,000		229,928
Debtors		70,655		63,661
Cash at bank and in hand		43,798		4,000

		234,453		297,589
Creditors: Amounts Falling Due Within One Year		(98,925 )		(96,688 )

NET CURRENT ASSETS (LIABILITIES)			135,528		200,901

TOTAL ASSETS LESS CURRENT LIABILITIES			190,169		248,697

Creditors: Amounts Falling Due After More Than One Year			(11,733 )		(13,333 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,335 )		(10,035 )

NET ASSETS			167,101		225,329

CAPITAL AND RESERVES
Called up share capital	6		101		101
Profit and Loss Account			167,000		225,228

SHAREHOLDERS' FUNDS			167,101		225,329

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Specialised Group Limited

Abridged Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr A L Strode

Director

28 October 2025

The notes on pages 7 to 8 form part of these financial statements.

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Specialised Group Limited

Notes to the Abridged Financial Statements

For The Year Ended 31 January 2025

Notes to the Abridged Financial Statements

1. General Information

Specialised Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09957505 . The registered office is 61 Rodney Street, Liverpool, L1 9ER.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10% Reducing Balance
Motor Vehicles	20% Straight Line
Computer Equipment	33% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Specialised Group Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 January 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 4)

4. Tangible Assets

	Total
	£
Cost
As at 1 February 2024	139,136
Additions	12,716

As at 31 January 2025	151,852

Depreciation
As at 1 February 2024	91,340
Provided during the period	5,871

As at 31 January 2025	97,211

Net Book Value
As at 31 January 2025	54,641

As at 1 February 2024	47,796

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

5. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,015	-
Later than one year and not later than five years	8,400	-

	15,415	-

	15,415	-

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	101	101

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