S & M Daniels Holdings Limited

Registered number

09672197

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