S D Initiative Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09283265

S D Initiative Limited

Filleted Unaudited Financial Statements

For the year ended

31 October 2025

S D Initiative Limited

Financial Statements

Year ended 31 October 2025

Contents	Pages

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	3 to 4

S D Initiative Limited

Officers and Professional Advisers

DIRECTOR	S M Dunn

COMPANY SECRETARY	A D Dunn

REGISTERED OFFICE	Potton House
	Wyboston Lakes
	Great North Road
	Wyboston
	Bedford
	MK44 3BZ

ACCOUNTANTS	Streets
	Chartered Accountants
	Potton House
	Wyboston Lakes
	Great North Road
	Wyboston
	Bedford
	MK44 3BZ

BANKERS	National Westminster Bank Plc
	92 High Street
	Huntingdon
	Cambs
	PE29 3DT

S D Initiative Limited

Statement of Financial Position

31 October 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	6	28,527	22,765
Cash at bank and in hand		2,025	811
		--------	--------
		30,552	23,576

Creditors: amounts falling due within one year	7	29,584		19,397
		--------		--------
Net current assets			968	4,179
			----	-------
Total assets less current liabilities			968	4,179

Creditors: amounts falling due after more than one year	8	–	1,653
		----	-------
Net assets		968	2,526
		----	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	868	2,426
	----	-------
Shareholder funds	968	2,526
	----	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 14 July 2026 , and are signed on behalf of the board by:

S M Dunn
Director

Company registration number: 09283265

S D Initiative Limited

Notes to the Financial Statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford, MK44 3BZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	20% Straight line per annum

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Equipment
	£
Cost
At 1 November 2024 and 31 October 2025	939
	----
Depreciation
At 1 November 2024 and 31 October 2025	939
	----
Carrying amount
At 31 October 2025	–
	----
At 31 October 2024	–
	----

6. Debtors

	2025	2024
	£	£
Other debtors	28,527	22,765
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	1,651	2,779
Trade creditors	–	499
Social security and other taxes	26,011	14,323
Other creditors	1,922	1,796
	--------	--------
	29,584	19,397
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	1,653
	----	-------

9. Director's advances, credits and guarantees

The director maintains a loan account with the company. At the beginning of the year the director owed the company £17,006. During the year there were advances to the director of £ 73,441 (2024: £70,060) and repayments of £ 69,642 (2024: £63,256). At the year end date the director owed the company £ 21,302 During the year £497 (2024: £244) of interest was charged and no amounts were written off.