Registered number
09672197
S & M Daniels Holdings Limited
Filleted Accounts
31 March 2026

S & M Daniels Holdings Limited
Registered number: | 09672197
Balance Sheet
as at 31 March 2026
Notes |  |  | 2026 |  |  | 2025
£ | £ | £ | £
Fixed assets
Tangible assets | 3 |  |  | 779,790 |  |  | 675,670
Investments | 4 |  |  | 100 |  |  | 100
|  |  |  | 779,890 |  |  | 675,770
Current assets
Debtors | 5 |  | 2,526 |  |  | 2,330
Cash at bank and in hand |  |  | 482,507 |  |  | 465,854
|  |  | 485,033 |  |  | 468,184
Creditors: amounts falling due within one year | 6 |  | (6,345) |  |  | (4,232)
Net current assets |  |  |  | 478,688 |  |  | 463,952
Total assets less current liabilities |  |  |  | 1,258,578 |  |  | 1,139,722
Provisions for liabilities |  |  |  | (22,000) |  |  | (19,000)
Net assets |  |  |  | 1,236,578 |  |  | 1,120,722
Capital and reserves
Called up share capital | 7 |  |  | 100 |  |  | 100
Fair value reserve | 8 |  |  | 66,130 |  |  | 57,130
Profit and loss account |  |  |  | 1,170,348 |  |  | 1,063,492
Shareholders' funds |  |  |  | 1,236,578 |  |  | 1,120,722
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Daniels
Director
Approved by the board on 2 July 2026

S & M Daniels Holdings Limited
Notes to the Accounts
for the year ended 31 March 2026
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The accounts are presented in Sterling which is the functional currency of the company and rounded to the nearest £.
| Group accounts
| The accounts relate only to the parent undertaking. Group accounts have not been prepared in accordance with the exemption under section 399(1) of the companies Act 2006 for small groups.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents revenue earned in respect of rents charged to the leaseholders.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative 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 land and buildings | No depreciation charged
| Investment property | No depreciation charged
| Investment property
| Investment property are properties held to earn rentals and/or for capital appreciation. Investment property are initially measured at cost, including transaction costs. Subsequently investment property whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment property are included in profit or loss in the period in which they arise and transferred to a revaluation reserve. Investment property whose fair value cannot be measured reliably without undue cost or effort on an on-going basis are included in property, plant and equipment at cost less accumulated depreciation and accumlated impairment losses.
| Investments
| Investments in subsidiary companies are measured at cost less impairment.
| Debtors
| Short term debtors are measured 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.
| Creditors
| 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.
| Taxation
| A current tax liability is recognised for the tax payable 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 recognised 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 recovered 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.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 | Employees | 2026 |  | 2025
Number | Number
| Average number of persons employed by the company | - |  | -
3 | Tangible fixed assets
|  |  |  | Land and buildings |  | Investment property |  | Total
£ | £ | £
| Cost
| At 1 April 2025 | 204,670 |  | 471,000 |  | 675,670
| Additions | - |  | 92,120 |  | 92,120
| Surplus on revaluation | - |  | 12,000 |  | 12,000
| At 31 March 2026 | 204,670 |  | 575,120 |  | 779,790
| Depreciation
| At 31 March 2026 | - |  | - |  | -
| Net book value
| At 31 March 2026 | 204,670 |  | 575,120 |  | 779,790
| At 31 March 2025 | 204,670 |  | 471,000 |  | 675,670
| Freehold land and buildings: | 2026 |  | 2025
£ | £
| Historical cost | 691,660 |  | 599,540
| Cumulative depreciation based on historical cost | - |  | -
|  |  |  |  |  | 691,660 |  | 599,540
| Investment property has been valued by the director at market value as at the balance sheet date.
4 | Investments
Investments in
subsidiary
undertakings
£
| Cost
| At 1 April 2025 | 100
| At 31 March 2026 | 100
| The company owns 100% of the share capital of Midlands Welded Fabrications Limited.
5 | Debtors | 2026 |  | 2025
£ | £
| Trade debtors | 347 |  | 347
| Amounts owed by group undertakings and undertakings in which the company has a participating interest |  | - |  | 110
| Prepayments and accrued income |  | 1,979 |  | 1,673
| Other debtors | 200 |  | 200
|  |  |  |  |  | 2,526 |  | 2,330
6 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Corporation tax | 5,060 |  | 2,947
| Accruals and deferred income | 1,285 |  | 1,285
|  |  |  |  |  | 6,345 |  | 4,232
7 | Share capital | 2026 |  | 2025
£ | £
| Allotted, called up and fully paid:
| Ordinary shares | 100 |  | 100
8 | Fair value reserve | 2026 |  | 2025
£ | £
| At 1 April 2025 | 57,130 |  | 55,980
| Gain on revaluation of investment property | 12,000 |  | 1,500
| Deferred tax arising on the revaluation of investment property | (3,000) |  | (350)
| At 31 March 2026 | 66,130 |  | 57,130
9 | Other information
| S & M Daniels Holdings Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
| 426 Himley Road
| Gornal Wood
| Dudley
| West Midlands
| DY3 2TF
| Its registered number is: | 09672197

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