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COMPANY REGISTRATION NUMBER: 10937753

S&A Buddies Limited

Filleted Unaudited Financial Statements

31 August 2025

S&A Buddies Limited

Financial Statements

Year ended 31 August 2025

Contents | Pages

Statement of financial position | 1

Notes to the financial statements | 2 to 3

S&A Buddies Limited

Statement of Financial Position

31 August 2025

| 2025 | 2024
Note | £ | £

Current assets

Debtors | 5 | 16,675 | 13,748
Cash at bank and in hand | 11,021 | 6,796
| -------- | --------
| 27,696 | 20,544

Creditors: amounts falling due within one year | 6 | ( 9,526) | ( 10,253)
| -------- | --------
Net current assets | 18,170 | 10,291
| -------- | --------
Total assets less current liabilities | 18,170 | 10,291

Creditors: amounts falling due after more than one year | 7 | ( 1,776) | ( 6,903)
| -------- | --------
Net assets | 16,394 | 3,388
| -------- | --------

Capital and reserves

Called up share capital | 8 | 2 | 2
Profit and loss account | 16,392 | 3,386
| -------- | -------
Shareholders funds | 16,394 | 3,388
| -------- | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 9 April 2026 , and are signed on behalf of the board by:

Mr MTJ Lawlor
Director

Company registration number: 10937753

S&A Buddies Limited

Notes to the Financial Statements

Year ended 31 August 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 The Gallery Precinct, 25-27 Charles Street, Milford Haven, Pembrokeshire, SA73 2AA, Wales.
2. Statement of compliance
These financial statements have been prepared in accordance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future. For this reason, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods and services is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 14 (2024: 16 ).
5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 16,502 | 11,359
Other debtors | 173 | 2,389
| -------- | --------
| 16,675 | 13,748
| -------- | --------

Other debtors include an amount of £Nil (2024 - £Nil) falling due after more than one year.
6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts (secured) | 4,889 | 4,763
Social security and other taxes | 2,364 | 2,624
Other creditors | 2,273 | 2,866
| ------- | --------
| 9,526 | 10,253
| ------- | --------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts (secured) | 1,776 | 6,903
| ------- | -------

8. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 2 | 2 | 2 | 2
| ---- | ---- | ---- | ----

9. Related party transactions
The company was under the control of Mrs A Davies and Mr MTJ Lawlor , the managing directors, throughout the current and previous year by virtue of their combined interest in 100% of the issued ordinary share capital. During the year the company paid dividends totalling £3,250 (2024 - £1,000) to Mrs A Davies and Mr MTJ Lawlor , the managing directors.