Company registration number 04906363 (England and Wales)
SN FINANCIAL SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
SN FINANCIAL SERVICES LIMITED
COMPANY INFORMATION
Directors
Mrs S A Neale
Mr S I Neale
Mr J Neale
Secretary
Mrs S A Neale
Company number
04906363
Registered office
5 Saltway
Droitwich
Worcestershire
WR9 8LB
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
HSBC Bank Plc
47 High Street
Bromsgrove
Worcestershire
B61 8AW
SN FINANCIAL SERVICES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
SN FINANCIAL SERVICES LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SN FINANCIAL SERVICES LIMITED FOR THE YEAR ENDED 28 FEBRUARY 2026
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SN Financial Services Limited for the year ended 28 February 2026 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of SN Financial Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SN Financial Services Limited and state those matters that we have agreed to state to the b oard of d irectors of SN Financial Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SN Financial Services Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that SN Financial Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SN Financial Services Limited. You consider that SN Financial Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SN Financial Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Ormerod Rutter Limited
23 July 2026
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
SN FINANCIAL SERVICES LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 2 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
163,806
197,151
Current assets
Debtors
5
18,770
25,842
Investments
6
225,753
157,881
Cash at bank and in hand
143,701
108,429
388,224
292,152
Creditors: amounts falling due within one year
7
(190,867)
(154,093)
Net current assets
197,357
138,059
Total assets less current liabilities
361,163
335,210
Creditors: amounts falling due after more than one year
8
(86,331)
(105,509)
Provisions for liabilities
10
(38,040)
(44,192)
Net assets
236,792
185,509
Capital and reserves
Called up share capital
11
1,000
1,000
Profit and loss reserves
235,792
184,509
Total equity
236,792
185,509

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2026 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.

SN FINANCIAL SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2026
28 February 2026
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 23 July 2026 and are signed on its behalf by:
Mr S I Neale
Director
Company registration number 04906363 (England and Wales)
SN FINANCIAL SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 4 -
1
Accounting policies
Company information

SN Financial Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Saltway, Droitwich, Worcestershire, WR9 8LB.

1.1
Accounting convention

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

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
20% on reducing balance
Fixtures and fittings
15% on reducing balance
Computer equipment
25% on reducing balance
Motor vehicles
25% on reducing balance
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

SN FINANCIAL SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.5
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

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

2026
2025
Number
Number
Total
16
16
SN FINANCIAL SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 6 -
3
Tangible fixed assets
Plant and machinery
Fixtures and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 March 2025
9,426
82,244
31,179
147,777
270,626
Additions
-
0
6,498
8,006
-
0
14,504
At 28 February 2026
9,426
88,742
39,185
147,777
285,130
Depreciation and impairment
At 1 March 2025
6,337
39,595
21,386
6,157
73,475
Depreciation charged in the year
618
7,368
4,457
35,406
47,849
At 28 February 2026
6,955
46,963
25,843
41,563
121,324
Carrying amount
At 28 February 2026
2,471
41,779
13,342
106,214
163,806
At 28 February 2025
3,089
42,649
9,793
141,620
197,151
4
Financial instruments
2026
2025
£
£
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
225,753
157,881
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
18,770
25,842
6
Current asset investments
2026
2025
£
£
Other investments
225,753
157,881

The directors consider that the carrying amounts of financial assets carried at amortised cost in the financial statements approximate to their fair values.

SN FINANCIAL SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 7 -
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
20,922
52,337
Trade creditors
23,421
5,813
Taxation and social security
98,064
50,688
Other creditors
48,460
45,255
190,867
154,093
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
86,331
105,509
9
Secured debts
The following secured debts are included within creditors:
2026
2025
£
£
Hire purchase contracts
105,509
124,687
Bank loans
20,922
52,337
126,431
177,024
Hire purchase contracts are secured against the assets to which they relate.
Bank loans are secured by way of a fixed and floating charge over all assets of the company.
10
Provisions for liabilities
2026
2025
£
£
Deferred tax liabilities
38,040
44,192
SN FINANCIAL SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 8 -
11
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
898
898
898
898
Ordinary B of £1 each
1
1
1
1
Ordinary C of 50p each
1
1
1
1
Ordinary Growth of £1 each
100
100
100
100
1,000
1,000
1,000
1,000
12
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Loan accounts
-
18,955
173,448
(180,000)
12,403
18,955
173,448
(180,000)
12,403

The directors' loan accounts were repaid within nine months of the year end.

13
Ultimate controlling party

The ultimate controlling party is Mr S I Neale and Mrs S A Neale.

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