Sadler Scientific Ltd

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

Registered number: 09832452

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,284		2,568

			1,284		2,568
CURRENT ASSETS
Debtors	5	165,753		8,314
Cash at bank and in hand		184,119		266,911

		349,872		275,225
Creditors: Amounts Falling Due Within One Year	6	(67,154 )		(38,703 )

NET CURRENT ASSETS (LIABILITIES)			282,718		236,522

TOTAL ASSETS LESS CURRENT LIABILITIES			284,002		239,090

PROVISIONS FOR LIABILITIES
Deferred Taxation			(321 )		(642 )

NET ASSETS			283,681		238,448

CAPITAL AND RESERVES
Called up share capital	7		3		3
Profit and Loss Account			283,678		238,445

SHAREHOLDERS' FUNDS			283,681		238,448

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Sadler Scientific Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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

Dr C J Buchanan

Director

8 June 2026

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

1. General Information

Sadler Scientific Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09832452 . The registered office is 45 Elm Drive, Holmes Chapel, Crewe, CW4 7QA.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies have been consistently applied to all years presented unless otherwise stated.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from medical research is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured be reference to the date in which the service was provided.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Interest receivable

Interest income is recognised using the effective interest method.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings	20% on cost
Computer Equipment	33.3% on cost

2.4. Foreign Currencies

Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.

Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

...CONTINUED

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Sadler Scientific Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. Taxation - continued

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.

2.6. Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.7. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 November 2024	9,912	4,487	14,399

As at 31 October 2025	9,912	4,487	14,399

Depreciation
As at 1 November 2024	9,912	1,919	11,831
Provided during the period	-	1,284	1,284

As at 31 October 2025	9,912	3,203	13,115

Net Book Value
As at 31 October 2025	-	1,284	1,284

As at 1 November 2024	-	2,568	2,568

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	33,556	6,422
Prepayments and accrued income	2,096	1,892
Other debtors	130,101	-

	165,753	8,314

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Sadler Scientific Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	52,988	27,475
VAT	13,315	5,525
Other creditors	-	2,081
Accruals and deferred income	241	1,912
Director's loan account	610	1,710

	67,154	38,703

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2
1 Ordinary A shares of £ 1.00 each	1	1

	3	3

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