REGISTERED NUMBER: 11732674 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SDC ASSOCIATES LTD

Page

Company Information

1

Report of the Accountants

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

Director:

Mr S D Collyer

Registered office:

11 Salisbury Road

Richmond

Surrey

TW9 2JB

Registered number:

11732674 (England and Wales)

Accountants:

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2025 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

Fixed assets

Tangible assets

5

1,099

1,647

Investment property

6

393,000

394,000

394,099

395,647

Current assets

Debtors

14,206

13,783

Cash at bank

309,517

294,753

323,723

308,536

Creditors

Amounts falling due within one year

19,550

18,111

Net current assets

304,173

290,425

Total assets less current liabilities

698,272

686,072

Capital and reserves

Called up share capital

7

100

100

Fair value reserve

(7,038

)

(6,038

)

Retained earnings

705,210

692,010

Shareholders' funds

698,272

686,072

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 May 2026 and were signed by:

Mr S D Collyer - Director

1.	Statutory information

Sdc Associates Ltd 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Bicycle

-

33% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

4.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

5.	Tangible fixed assets

Totals

£

Cost

At 1 January 2025

11,104

Additions

972

Disposals

(1,796

)

At 31 December 2025

10,280

Depreciation

At 1 January 2025

9,457

Charge for year

1,101

Eliminated on disposal

(1,377

)

At 31 December 2025

9,181

Net book value

At 31 December 2025

1,099

At 31 December 2024

1,647

6.	Investment property

Total

£

Fair value

At 1 January 2025

394,000

Revaluations

(1,000

)

At 31 December 2025

393,000

Net book value

At 31 December 2025

393,000

At 31 December 2024

394,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2021

1,962

Valuation in 2022

(3,000

)

Valuation in 2023

(11,000

)

Valuation in 2024

6,000

Valuation in 2025

(1,000

)

Cost

400,038

393,000

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.	Director's 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

£

£

Mr S D Collyer

Balance outstanding at start of year

15

27

Amounts advanced

2,150

5,999

Amounts repaid

(1,239

)

(6,011

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

926

15