REGISTERED NUMBER: 04674692 (England and Wales)

SDS BUILDERS AND DECORATORS (HASTINGS)

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

D C Hensher

SECRETARY:

D C Hensher

REGISTERED OFFICE:

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

REGISTERED NUMBER:

04674692 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

69,468

41,596

69,468

41,596

CURRENT ASSETS

Stocks

500

500

Debtors

6

81,257

79,675

Cash at bank

116,643

132,999

198,400

213,174

CREDITORS

Amounts falling due within one year

7

107,528

127,711

NET CURRENT ASSETS

90,872

85,463

TOTAL ASSETS LESS CURRENT LIABILITIES

160,340

127,059

CREDITORS

Amounts falling due after more than one year

8

(45,845

)

(29,429

)

PROVISIONS FOR LIABILITIES

(17,367

)

(10,399

)

NET ASSETS

97,128

87,231

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

97,028

87,131

SHAREHOLDERS' FUNDS

97,128

87,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4th August 2026 and were signed by:

D C Hensher - Director

1.	STATUTORY INFORMATION

SDS Builders and Decorators (Hastings) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Computer equipment

-

33% on reducing balance

Fixtures, fittings and equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

60,000

AMORTISATION

At 1st April 2025

and 31st March 2026

60,000

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Computer

and

Motor

equipment

equipment

vehicles

Totals

£

£

£

£

COST

At 1st April 2025

11,827

7,627

66,917

86,371

Additions

483

1,956

48,000

50,439

At 31st March 2026

12,310

9,583

114,917

136,810

DEPRECIATION

At 1st April 2025

9,471

2,887

32,417

44,775

Charge for year

937

1,004

20,626

22,567

At 31st March 2026

10,408

3,891

53,043

67,342

NET BOOK VALUE

At 31st March 2026

1,902

5,692

61,874

69,468

At 31st March 2025

2,356

4,740

34,500

41,596

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st April 2025

36,317

Additions

48,000

At 31st March 2026

84,317

DEPRECIATION

At 1st April 2025

9,079

Charge for year

18,810

At 31st March 2026

27,889

NET BOOK VALUE

At 31st March 2026

56,428

At 31st March 2025

27,238

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

76,946

14,860

Amounts recoverable on contract

1,650

31,069

Other debtors

2,661

33,746

81,257

79,675

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

15,740

6,553

Trade creditors

6,754

11,301

Taxation and social security

77,414

87,770

Other creditors

7,620

22,087

107,528

127,711

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

45,845

29,429

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

61,585

35,982

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2026 and 31st March 2025:

2026

2025

£

£

D C Hensher

Balance outstanding at start of year

30,286

42,002

Amounts advanced

-

96,803

Amounts repaid

(30,286

)

(108,519

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

30,286

At the year ending 31 March 2026, the outstanding balance of £30,286 was repaid.