3176897falsethat of property developers, wholesale of board, laminates and glues, property maintenance contractors and that of provision of commercial and residential property2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 3176897
S & B SERVICES LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
S & B SERVICES LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
Bhupinder Kaur Gill
REGISTERED OFFICE
33 SCHOOL LANE
RADFORD SEMELE
LEAMINGTON SPA
WARWICKSHIRE
CV31 1TQ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 3176897
BANKERS
HANDELSBANKEN plc
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
S & B SERVICES LIMITED
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
S & B SERVICES LIMITED
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets2959,676954,863
CURRENT ASSETS
Stock1,066,4001,066,400
Debtors431,06818,455
Current Asset Investments5199,900199,900
Cash at bank and in hand600,094625,801
1,897,4621,910,556
CREDITORS: Amounts falling due within one year6318,664508,395
NET CURRENT ASSETS1,578,7981,402,161
TOTAL ASSETS LESS CURRENT LIABILITIES2,538,4742,357,024
PROVISIONS FOR LIABILITIES AND CHARGES86,4255,203
NET ASSETS2,532,0492,351,821
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account2,532,0472,351,819
SHAREHOLDERS' FUNDS2,532,0492,351,821
For the year ending 31/03/2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/12/2025 and signed on their behalf by
.............................
Bhupinder Kaur Gill
Director
S & B SERVICES LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1d. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Equipmentstraight line10%
1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value. In the case of manufactured products cost includes all direct expenditure and production overheads based on the normal level of activity. Where necessary provision is made for obsolete, slow moving and defective stocks.
1d. Basis Of Accounting
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1e. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 1a - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
S & B SERVICES LIMITED
2. TANGIBLE FIXED ASSETS
Land And
BuildingsEquipmentTotal
£££
Cost
At 01/04/2024933,31130,142963,453
Additions-8,2138,213
Disposals-(4,400)(4,400)
At 31/03/2025933,31133,955967,266
Depreciation
At 01/04/2024-8,5908,590
Disposals-(4,400)(4,400)
For the year-3,4003,400
At 31/03/2025-7,5907,590
Net Book Amounts
At 31/03/2025933,31126,365959,676
At 31/03/2024933,31121,552954,863
3. STOCK 20252024
££
Stock comprises:
Work in progress1,066,4001,066,400
1,066,4001,066,400
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors22,26110,086
Prepayments8,8078,369
31,06818,455
5. CURRENT ASSET INVESTMENTS
20252024
££
Unlisted investments - Other Deposits199,900199,900
199,900199,900
S & B SERVICES LIMITED
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax58,85555,549
VAT2,6527,706
PAYE control2,2932,156
Directors current account233,361220,525
Directors current account1,8001,800
Trade creditors12,33712,303
Other creditors3,6523,502
Accruals3,7144,854
Express Bonding Services Limited-200,000
318,664508,395
7. EMPLOYEES
20252024
No.No.
Average number of employees33
Key management personnel is restricted to that of the director.
Mr D S Gill was appointed as a director on 1 April 2025.
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation6,4255,203
6,4255,203
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
200 Ordinary shares of £0.01 each22
22
On 31 March 2025 the two ordinary shares of £ 1 were subdivided into two hundred ordinary shares of £ 0.01
S & B SERVICES LIMITED
10. CONTROLLING PARTY
The company is fifty per cent owned by the director Mrs B K Gill. The remaining fifty per cent is owned by the estate of her late husband Mr S S Gill.
11. RELATED PARTY TRANSACTIONS
The director did not receive a dividend in the year to 31 March 2025 (2024 - £ nil).
During the year the company had contracts with Express Bonding Services Limited a company owned by the director's husband. The total value of these contracts were as follows: Rental income £ 179,697 (2024 - £ 191,873). Included in trade debtors is an amount of £ nil (2024 - £ nil) due from Express Bonding Services Limited. Included in creditors is an amount of £ nil (2024 - £ 200,000) due to Express Bonding Services Limited.
12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company is principally involved in the wholesale of board, laminates and glues and that of property development and the provision of residential and commercial property. All of its activities are carried out within the United Kingdom.
13. GENERAL INFORMATION
S & B Services Limited is a private company limited by shares and incorporated in England. Its registered office is 33 School Lane, Radford Semele, Leamington Spa, Warwickshire, CV31 1TQ.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.
Mr D S Gill was appointed as a director of the company on 1 April 2025.