REGISTERED NUMBER: 04247529 (England and Wales)

Sands Tv Services Ltd.

Unaudited Financial Statements for the Year Ended 31 July 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mrs L J Grand

S C Hall

Registered office:

Unit E3 Southwell Road

Abbey Farm

Horsham St Faiths

Norfolk

NR10 3JU

Registered number:

04247529 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Fixed assets

Tangible assets

4

73,642

106,328

Current assets

Stocks

6,000

9,000

Debtors

5

59,923

74,368

Cash at bank

20,450

40,113

86,373

123,481

Creditors

Amounts falling due within one year

6

60,601

52,252

Net current assets

25,772

71,229

Total assets less current liabilities

99,414

177,557

Creditors

Amounts falling due after more than one year

7

(51,067

)

(78,100

)

Provisions for liabilities

(12,296

)

(26,582

)

Net assets

36,051

72,875

Capital and reserves

Called up share capital

1

1

Retained earnings

36,050

72,874

36,051

72,875

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 29 April 2026 and were signed on its behalf by:

Mrs L J Grand - Director

1.	Statutory information

Sands Tv 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the fair value of consideration receivable for television repair services and any related goods supplied, including parts and components, net of value added tax and trade discounts.

Turnover is recognised when goods are supplied or services are provided to the customer. Repair income is recognised on completion of the work, and revenue from the sale of parts is recognised when control of the goods has transferred to the customer.

Where work is carried out over a period of time, turnover is recognised by reference to the stage of completion at the reporting date, when the outcome can be measured reliably.

Where the outcome of a transaction cannot be measured reliably, turnover is recognised only to the extent of recoverable expenses incurred.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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 items.

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.

Financial instruments

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2024 - 7 ) .

4.	Tangible fixed assets

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 August 2024

20,658

141,682

18,395

180,735

Additions

-

49,693

-

49,693

Disposals

-

(77,570

)

-

(77,570

)

At 31 July 2025

20,658

113,805

18,395

152,858

Depreciation

At 1 August 2024

16,966

41,204

16,237

74,407

Charge for year

554

22,961

539

24,054

Eliminated on disposal

-

(19,245

)

-

(19,245

)

At 31 July 2025

17,520

44,920

16,776

79,216

Net book value

At 31 July 2025

3,138

68,885

1,619

73,642

At 31 July 2024

3,692

100,478

2,158

106,328

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

At 1 August 2024

139,070

Additions

49,693

Disposals

(77,570

)

At 31 July 2025

111,193

Depreciation

At 1 August 2024

39,093

Charge for year

22,836

Eliminated on disposal

(19,245

)

At 31 July 2025

42,684

Net book value

At 31 July 2025

68,509

At 31 July 2024

99,977

5.

Debtors: amounts falling due within one year

31/7/25

31/7/24

£

£

Trade debtors

56,708

56,936

Other debtors

3,215

17,432

59,923

74,368

6.

Creditors: amounts falling due within one year

31/7/25

31/7/24

£

£

Bank loans and overdrafts

2,778

-

Hire purchase contracts

15,053

21,576

Trade creditors

5,085

4,243

Amounts owed to associates

14,895

-

Taxation and social security

17,690

23,681

Other creditors

5,100

2,752

60,601

52,252

7.

Creditors: amounts falling due after more than one year

31/7/25

31/7/24

£

£

Bank loans

10,648

16,204

Hire purchase contracts

40,419

61,896

51,067

78,100

8.	Secured debts

The following secured debts are included within creditors:

31/7/25

31/7/24

£

£

Hire purchase contracts

55,472

83,472