Company Registration No. 09899080 (England and Wales)
Sandby Limited
Unaudited financial statements
for the year ended 30 November 2025
Pages for filing with the registrar
Sandby Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
Sandby Limited
Statement of financial position
As at 30 November 2025
1
2025
2024
Notes
£
£
£
£
Current assets
Cash at bank and in hand
140
230
Creditors: amounts falling due within one year
4
(6,604)
(5,674)
Net current liabilities
(6,464)
(5,444)
Creditors: amounts falling due after more than one year
5
(394,600)
(394,600)
Net liabilities
(401,064)
(400,044)
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
(401,264)
(400,244)
Total equity
(401,064)
(400,044)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 14 July 2026 and are signed on its behalf by:
Patrick James
Director
Company Registration No. 09899080
Sandby Limited
Notes to the financial statements
For the year ended 30 November 2025
2
1
Accounting policies
Company information

Sandby Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10 Wellington Place, Leeds, LS1 4AP.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

The company is dependent on the ongoing support of its shareholders in relation to funding provided and amounts owed to them held in creditors at the year-end. Given this support, and the fact that the company is a non-trading holding company, at the time of approving the financial statements , the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.true

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Sandby Limited
Notes to the financial statements (continued)
For the year ended 30 November 2025
1
Accounting policies (continued)
3
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Management do not believe there to be any critical accounting judgements or key sources of estimation uncertainty applied in the preparation of these financial statements.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
Sandby Limited
Notes to the financial statements (continued)
For the year ended 30 November 2025
4
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
6,604
5,674
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
394,600
394,600
6
Related party transactions

Creditors falling due after more than one year include amounts of £209,800 (2024: £209,800) owed to Patrick James and £184,800 (2024: £184,800) owed to Lord Irwin. These loans are interest free.

Included within other creditors is £6,604 (2024: £5,674) due to Sandby (York) Limited a company with common directors, this loan is interest free.

2025-11-30 2024-12-01 false false false 14 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Lord Irwin Patrick James 09899080 2024-12-01 2025-11-30 09899080 2025-11-30 09899080 2024-11-30 09899080 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 09899080 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 09899080 core:Non-currentFinancialInstruments core:AfterOneYear 2025-11-30 09899080 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 09899080 core:ShareCapital 2025-11-30 09899080 core:ShareCapital 2024-11-30 09899080 core:RetainedEarningsAccumulatedLosses 2025-11-30 09899080 core:RetainedEarningsAccumulatedLosses 2024-11-30 09899080 bus:Director2 2024-12-01 2025-11-30 09899080 2023-12-01 2024-11-30 09899080 core:CurrentFinancialInstruments 2025-11-30 09899080 core:CurrentFinancialInstruments 2024-11-30 09899080 core:Non-currentFinancialInstruments 2025-11-30 09899080 core:Non-currentFinancialInstruments 2024-11-30 09899080 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 09899080 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 09899080 bus:FRS102 2024-12-01 2025-11-30 09899080 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 09899080 bus:Director1 2024-12-01 2025-11-30 09899080 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP