REGISTERED NUMBER: 03896571 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SMALLWOOD CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs B M Hulland

R Hulland

REGISTERED OFFICE:

1 Ascot Drive

Derby

Derbyshire

DE24 8GW

REGISTERED NUMBER:

03896571 (England and Wales)

ACCOUNTANTS:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

FIXED ASSETS

Tangible assets

4

4,664

3,219

CURRENT ASSETS

Debtors

5

754,629

647,641

Cash at bank

323,702

164,217

1,078,331

811,858

CREDITORS

Amounts falling due within one year

6

147,366

118,740

NET CURRENT ASSETS

930,965

693,118

TOTAL ASSETS LESS CURRENT LIABILITIES

935,629

696,337

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

935,627

696,335

SHAREHOLDERS' FUNDS

935,629

696,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

Mrs B M Hulland - Director

1.	STATUTORY INFORMATION

Smallwood Consultancy Limited is a private company, limited by shares , registered in England and Wales.

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.

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

-

20% on cost

Fixtures and fittings

-

10% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2024 - 51 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 January 2025

10,988

17,061

28,049

Additions

2,366

-

2,366

At 31 December 2025

13,354

17,061

30,415

DEPRECIATION

At 1 January 2025

10,317

14,513

24,830

Charge for year

666

255

921

At 31 December 2025

10,983

14,768

25,751

NET BOOK VALUE

At 31 December 2025

2,371

2,293

4,664

At 31 December 2024

671

2,548

3,219

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

21,763

15,009

Intercompany account

613,905

430,632

Other debtors

3,113

3,347

Directors' loan accounts

115,848

198,653

754,629

647,641

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

260

3,354

Intercompany account

20,171

20,171

Tax

108,949

78,120

Social security and other taxes

11,624

10,446

Pension

3,342

3,629

Other creditors

20

20

Accruals and deferred income

3,000

3,000

147,366

118,740

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mrs B M Hulland

Balance outstanding at start of year

198,653

108,437

Amounts advanced

180,395

202,216

Amounts repaid

(263,200

)

(112,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

115,848

198,653

At 31 December 2025 Directors loan accounts has an overdrawn balance of £115,848 (2024: overdrawn by £198,653). The overdrawn amount will be repaid in full within nine months of the year end. Interest is charged on overdrawn amounts at the HMRC interest rate and is included in Other Debtors.

9.	RELATED PARTY DISCLOSURES

The company was under the control of B M Hulland throughout the current and previous year. B M Hulland

is the managing director and sole shareholder.

The balance owed from Moby Dick Limited, a company also under the control of B M Hulland, was £20,171 (2024: £20,171) at the year end..

Rents were paid to Hulland Investments Limited during the year to the sum of £28,800, a company also under the control of B M Hulland. The balance of £613,905 (2024: £430,632) was still outstanding at the year-end and is shown in other debtors.