Company registration number 12960412 (England and Wales)
SACX LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
SACX LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 9
SACX LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
331,407
436,346
Current assets
Debtors
5
1,589,669
767,590
Cash at bank and in hand
1,325,863
520,795
2,915,532
1,288,385
Creditors: amounts falling due within one year
6
(1,709,432)
(507,418)
Net current assets
1,206,100
780,967
Total assets less current liabilities
1,537,507
1,217,313
Creditors: amounts falling due after more than one year
7
(153,891)
(224,340)
Net assets
1,383,616
992,973
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
1,383,516
992,873
Total equity
1,383,616
992,973

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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

The financial statements were approved and signed by the director and authorised for issue on 7 August 2026
Mr G Insley
Director
Company registration number 12960412 (England and Wales)
SACX LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 January 2024
100
865,413
865,513
Year ended 31 December 2024:
Profit and total comprehensive income
-
127,460
127,460
Balance at 31 December 2024
100
992,873
992,973
Year ended 31 December 2025:
Profit and total comprehensive income
-
745,643
745,643
Dividends
3
-
(355,000)
(355,000)
Balance at 31 December 2025
100
1,383,516
1,383,616
SACX LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Sacx Limited is a private company limited by shares incorporated in England and Wales. The registered office is Trinity Court, Church Street, Rickmansworth, WD3 1RT.

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.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of value added tax and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from construction, civil engineering, electrical, mechanical and related contracting services is recognised over time by reference to the stage of completion of the contract, when the outcome can be estimated reliably. The stage of completion is assessed by reference to costs incurred to date, including labour, subcontractor and material costs, as a proportion of the total estimated contract costs.

Revenue from generator hire and other equipment rental arrangements is recognised on a straight line basis over the period of hire. Revenue from the sale of goods, equipment and materials is recognised when control of the goods has passed to the customer.

Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of costs incurred that are expected to be recoverable.

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 equipment
25% straight line on cost
Computers
25% straight line on cost
Motor vehicles
25% straight line on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

SACX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
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.

1.6
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 balance sheet 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 and cash and bank balances, 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.

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.

SACX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companie s 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.

1.7
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.

1.8
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.

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.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

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

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

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

SACX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 6 -
1.11
Leases
As lessee

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:

2025
2024
Number
Number
Total
12
14
3
Dividends
2025
2024
£
£
Interim paid
355,000
-
0
SACX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025
681,967
Additions
67,915
At 31 December 2025
749,882
Depreciation and impairment
At 1 January 2025
245,621
Depreciation charged in the year
172,854
At 31 December 2025
418,475
Carrying amount
At 31 December 2025
331,407
At 31 December 2024
436,346
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
195,328
496,388
Other debtors
1,394,341
271,202
1,589,669
767,590
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
987,029
323,504
Corporation tax
257,265
(63)
Other taxation and social security
64,454
19,129
Other creditors
400,684
164,848
1,709,432
507,418
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
153,891
224,340
SACX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
100
100
100
100
9
Related party transactions
2025
2024
Amounts due to related parties
£
£
Entities over which the entity has control, joint control or significant influence
-
12,005
2025
2024
Amounts due from related parties
£
£
Entities over which the entity has control, joint control or significant influence
101,529
99,395
Other information

At 31 December 2025, the company was owed £101,529 (2024: £99,395) by Pepper Ocean Properties Limited, a related undertaking under common control. The balance is unsecured, interest free and repayable on demand.

SACX LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 9 -
10
Directors' transactions

This amount represents a loan which has been provided to the company by the director. This loan is interest free and payable on demand.

Loans
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Director's loan account
-
(27,837)
24,664
(4,222)
(7,395)
(27,837)
24,664
(4,222)
(7,395)
11
Ultimate controlling party

The ultimate controlling party is G C Insley by virtue of shareholdings in the company.

2025-12-31 2025-01-01 false false false 11 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr G Insley 12960412 2025-01-01 2025-12-31 12960412 2025-12-31 12960412 2024-12-31 12960412 core:OtherPropertyPlantEquipment 2025-12-31 12960412 core:OtherPropertyPlantEquipment 2024-12-31 12960412 core:WithinOneYear 2025-12-31 12960412 core:WithinOneYear 2024-12-31 12960412 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 12960412 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 12960412 core:Non-currentFinancialInstruments core:AfterOneYear 2025-12-31 12960412 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 12960412 core:ShareCapital 2025-12-31 12960412 core:ShareCapital 2024-12-31 12960412 core:RetainedEarningsAccumulatedLosses 2025-12-31 12960412 core:RetainedEarningsAccumulatedLosses 2024-12-31 12960412 core:ShareCapital 2023-12-31 12960412 core:RetainedEarningsAccumulatedLosses 2023-12-31 12960412 core:ShareCapitalOrdinaryShareClass1 2025-12-31 12960412 core:ShareCapitalOrdinaryShareClass1 2024-12-31 12960412 bus:Director1 2025-01-01 2025-12-31 12960412 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 12960412 2024-01-01 2024-12-31 12960412 core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 12960412 core:PlantMachinery 2025-01-01 2025-12-31 12960412 core:ComputerEquipment 2025-01-01 2025-12-31 12960412 core:MotorVehicles 2025-01-01 2025-12-31 12960412 core:OtherPropertyPlantEquipment 2024-12-31 12960412 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 12960412 core:CurrentFinancialInstruments 2025-12-31 12960412 core:CurrentFinancialInstruments 2024-12-31 12960412 core:Non-currentFinancialInstruments 2025-12-31 12960412 core:Non-currentFinancialInstruments 2024-12-31 12960412 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 12960412 bus:OrdinaryShareClass1 2025-12-31 12960412 bus:OrdinaryShareClass1 2024-12-31 12960412 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12960412 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 12960412 bus:FRS102 2025-01-01 2025-12-31 12960412 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 12960412 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP