REGISTERED NUMBER: 05712176

Unaudited Financial Statements for the Year Ended 28 February 2026

for

S.m.chatterton Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Chatterton

Mrs J Chatterton

SECRETARY:

Mrs J Chatterton

REGISTERED OFFICE:

Lowlands Farm

Saxby

Market Rasen

North Lincolnshire

LN8 2DP

REGISTERED NUMBER:

05712176

ACCOUNTANTS:

Discount Accountancy Services

7 Purbeck Road

Scunthorpe

North Lincolnshire

DN17 1TY

FIXED ASSETS

Intangible assets

4

1,003

2,003

Tangible assets

5

9,274

11,089

10,277

13,092

CURRENT ASSETS

Stocks

500

500

Cash at bank

17,169

15,804

17,669

16,304

CREDITORS

Amounts falling due within one year

6

13,446

26,400

NET CURRENT ASSETS/(LIABILITIES)

4,223

(10,096

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,500

2,996

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

14,498

2,994

SHAREHOLDERS' FUNDS

14,500

2,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 11 May 2026 and were signed on its behalf by:

S Chatterton - Director

1.	STATUTORY INFORMATION

S.m.chatterton Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

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 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

20,000

AMORTISATION

At 1 March 2025

17,997

Charge for year

1,000

At 28 February 2026

18,997

NET BOOK VALUE

At 28 February 2026

1,003

At 28 February 2025

2,003

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

48,073

Additions

416

At 28 February 2026

48,489

DEPRECIATION

At 1 March 2025

36,984

Charge for year

2,231

At 28 February 2026

39,215

NET BOOK VALUE

At 28 February 2026

9,274

At 28 February 2025

11,089

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Taxation and social security

7,024

3,754

Other creditors

6,422

22,646

13,446

26,400

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

S Chatterton and Mrs J Chatterton

Balance outstanding at start of year

(21,742

)

(21,290

)

Amounts advanced

31,120

14,548

Amounts repaid

(15,000

)

(15,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,622

)

(21,742

)