S&B's Mart Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10330632

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,944		2,674

			2,944		2,674
CURRENT ASSETS
Stocks	5	52,751		-
Debtors	6	7,592		48,330
Cash at bank and in hand		11,207		10,903

		71,550		59,233
Creditors: Amounts Falling Due Within One Year	7	(31,244 )		(17,854 )

NET CURRENT ASSETS (LIABILITIES)			40,306		41,379

TOTAL ASSETS LESS CURRENT LIABILITIES			43,250		44,053

NET ASSETS			43,250		44,053

CAPITAL AND RESERVES
Called up share capital	8		43,200		43,200
Profit and Loss Account			50		853

SHAREHOLDERS' FUNDS			43,250		44,053

Page 1

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S&B's Mart Ltd.

Balance Sheet (continued)

As At 31 August 2025

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.

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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Jack Anthony Mark Patrick Browne

Director

27/02/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

S&B's Mart Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10330632 . The registered office is Unit 2, 199 Station Road, West Moors, Dorset, BH22 0HX.

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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

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 on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold	over 5.5 years
Plant & Machinery	over 5.5 years
Fixtures & Fittings	over 5.5 years
Computer Equipment	over 5.5 years

2.4. 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.

2.5. Taxation

A current tax liability is recognised for the tax oayable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is reconised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be reocvered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

3. Average Number of Employees

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

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S&B's Mart Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 September 2024	1,845	9,296	-	11,141
Additions	-	2,030	-	2,030

As at 31 August 2025	1,845	11,326	-	13,171

Depreciation
As at 1 September 2024	1,242	7,225	-	8,467
Provided during the period	283	-	1,477	1,760

As at 31 August 2025	1,525	7,225	1,477	10,227

Net Book Value
As at 31 August 2025	320	4,101	(1,477 )	2,944

As at 1 September 2024	603	2,071	-	2,674

5. Stocks

	2025	2024
	£	£
Stock	52,751	-

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	6,792	5,205
Other debtors	800	43,125

	7,592	48,330

Short term debtors are mesaured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	22,602	10,054
Corporation tax	4,719	6,075
Other taxes and social security	1,096	-
VAT	2,797	1,725
Other creditors	30	-

	31,244	17,854

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

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S&B's Mart Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	43,200	43,200

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 September 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 August 2025
	£	£	£	£	£
Mr Jack Browne	1,561	456	1,561	-	456
Miss Georgina Blake	1,201	344	1,201	-	344
Mr Nicholas Sellar	360	-	360	-	-

The above loan is unsecured, interest free and repayable on demand.