REGISTERED NUMBER: 01315659 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 OCTOBER 2025

FOR

SPECIALISED AEROSOLS COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

John Stephen Lucas

Kevin Paul Lucas

REGISTERED OFFICE:

Carr Green Lane

Mapplewell

Barnsley

South Yorkshire

S75 6DY

REGISTERED NUMBER:

01315659 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor, Unit 12

Pennine Business Park

Longbow Close, Bradley

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Tangible assets

4

17,317

15,707

CURRENT ASSETS

Stocks and work in progress

93,606

99,950

Debtors

5

329,017

374,158

Cash at bank

120,346

54,943

542,969

529,051

CREDITORS

Amounts falling due within one year

6

251,148

118,781

NET CURRENT ASSETS

291,821

410,270

TOTAL ASSETS LESS CURRENT LIABILITIES

309,138

425,977

CAPITAL AND RESERVES

Called up share capital

1,510

1,510

Profit and loss account

307,628

424,467

SHAREHOLDERS' FUNDS

309,138

425,977

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by:

John Stephen Lucas - Director

1.	STATUTORY INFORMATION

Specialised Aerosols Company 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Income recognition

Income is recognised when goods and services have been completed such that the risks and rewards of ownership have transferred to them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 31 October 2024

18,305

40,502

56,074

114,881

Additions

5,000

-

-

5,000

At 30 October 2025

23,305

40,502

56,074

119,881

DEPRECIATION

At 31 October 2024

16,083

32,349

50,742

99,174

Charge for year

834

1,223

1,333

3,390

At 30 October 2025

16,917

33,572

52,075

102,564

NET BOOK VALUE

At 30 October 2025

6,388

6,930

3,999

17,317

At 30 October 2024

2,222

8,153

5,332

15,707

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

172,085

277,246

Amounts owed by related parties

147,315

95,900

Other debtors

9,617

1,012

329,017

374,158

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

218,979

69,412

Taxation and social security

6,319

34,086

Other creditors

25,850

15,283

251,148

118,781

7.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund amounted to £28,562 (2024: £26,447). Contributions totalling £487 (2024: £590) were payable to the fund at the year end and are included in creditors.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances to the Directors totalling £5,764 (2024: £21,999). These were interest free and repayable on demand.

The company received repayments totalling £16,000 (2024: £31,670).