REGISTERED NUMBER: 06343883 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SB PROJECT SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S L Burnett

SECRETARY:

Mrs E Burnett

REGISTERED OFFICE:

4 Arbuthnot Lane

Bexley

Kent

DA5 1EQ

REGISTERED NUMBER:

06343883 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

4

2,725

2,746

CURRENT ASSETS

Debtors

5

35,916

4,762

Cash at bank

56,676

64,008

92,592

68,770

CREDITORS

Amounts falling due within one year

6

44,598

25,489

NET CURRENT ASSETS

47,994

43,281

TOTAL ASSETS LESS CURRENT LIABILITIES

50,719

46,027

PROVISIONS FOR LIABILITIES

682

687

NET ASSETS

50,037

45,340

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

8

49,037

44,340

SHAREHOLDERS' FUNDS

50,037

45,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 14 January 2026 and were signed by:

S L Burnett - Director

1.	STATUTORY INFORMATION

SB Project Services 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.

Computer equipment

-

25% per annum 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2024

4,690

Additions

1,338

Disposals

(1,068

)

At 31 August 2025

4,960

DEPRECIATION

At 1 September 2024

1,944

Charge for year

843

Eliminated on disposal

(552

)

At 31 August 2025

2,235

NET BOOK VALUE

At 31 August 2025

2,725

At 31 August 2024

2,746

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

25,800

2,754

Other debtors

10,116

2,008

35,916

4,762

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

18,160

-

Taxation and social security

23,741

20,040

Other creditors

2,697

5,449

44,598

25,489

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.

RESERVES

Retained

earnings

£

At 1 September 2024

44,340

Profit for the year

64,697

Dividends

(60,000

)

At 31 August 2025

49,037

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed S L Burnett £413 (2024: £1,187).

During the year the company voted S L Burnett dividends of £30,000 (2024: £38,000).

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed E Burnett £1,190 (2024: £1,945)

During the year the company paid Mrs E Burnett dividends of £30,000 (2024: £38,000).

Wallburns Limited is a related party by virtue of common directorship.

At the balance sheet date Wallburns Limited owed SB Project Services Ltd £10,000.

11.	ULTIMATE CONTROLLING PARTY