REGISTERED NUMBER: 01305602 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

SABFORD LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Leary

M D Leary

SECRETARY:

M Leary

REGISTERED OFFICE:

21 Poplar Avenue

Crosby

Liverpool

Merseyside

L23 2ST

REGISTERED NUMBER:

01305602 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

FIXED ASSETS

Tangible assets

4

14,000

663,300

CURRENT ASSETS

Debtors

1,000

110,275

Cash at bank

307,331

248

308,331

110,523

CREDITORS

Amounts falling due within one year

1,400

4,690

NET CURRENT ASSETS

306,931

105,833

TOTAL ASSETS LESS CURRENT LIABILITIES

320,931

769,133

CREDITORS

Amounts falling due after more than one year

-

267,256

NET ASSETS

320,931

501,877

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

5

-

551,399

Retained earnings

5

320,831

(49,622

)

SHAREHOLDERS' FUNDS

320,931

501,877

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 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 Board of Directors and authorised for issue on 28 January 2026 and were signed on its behalf by:

M Leary - Director

1.	STATUTORY INFORMATION

Sabford 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 as modified by the revaluation of certain assets.

The accounts are prepared on the going concern basis because in the opinion of the directors working capital will be available to enable the company to meet its liabilities as they fall due.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment properties

Investment properties are stated in the accounts at cost and not at their open market value as required by the Financial Reporting Standard for Smaller Entities because the directors believe that the cost of such valuation would outweigh any benefits received by the members.

No depreciation is provided in respect of the investment property. This is a departure from the Companies Act which requires the systematic annual depreciation of fixed assets. The directors believe that it is not appropriate to charge depreciation because the properties would have a high residual value and the depreciation would therefore be immaterial.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 December 2024

691,792

Disposals

(677,792

)

At 30 November 2025

14,000

DEPRECIATION

At 1 December 2024

28,492

Eliminated on disposal

(28,492

)

At 30 November 2025

-

NET BOOK VALUE

At 30 November 2025

14,000

At 30 November 2024

663,300

The freehold land and buildings are held for investment purposes.

The directors have not had the land and buildings valued recently.

5.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 December 2024

(49,622

)

551,399

501,777

Deficit for the year

(180,946

)

(180,946

)

Disposal

551,399

(551,399

)

-

At 30 November 2025

320,831

-

320,831

6.	RELATED PARTY DISCLOSURES

A Director M Leary is also a director of R Wright (Containers) Limited. At the year end there was a balance owing from R Wright (Containers) Limited of £1,000 (2024 owed to: £144,387).