SRA Products Ltd

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 11764218

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		261,493		6,771

			261,493		6,771
CURRENT ASSETS
Stocks	5	200,300		166,392
Debtors	6	102,669		73,468
Cash at bank and in hand		228,171		180,818

		531,140		420,678
Creditors: Amounts Falling Due Within One Year	7	(556,767 )		(255,576 )

NET CURRENT ASSETS (LIABILITIES)			(25,627 )		165,102

TOTAL ASSETS LESS CURRENT LIABILITIES			235,866		171,873

NET ASSETS			235,866		171,873

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			235,766		171,773

SHAREHOLDERS' FUNDS			235,866		171,873

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SRA Products Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss Gemma Dodd

Director

05/02/2026

The notes on pages 4 to 6 form part of these financial statements.

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 February 2024	100	124,849	124,949
Profit for the year and total comprehensive income	-	46,924	46,924

As at 31 January 2025 and 1 February 2025	100	171,773	171,873


Profit for the year and total comprehensive income	-	73,993	73,993

Dividends paid	-	(10,000)	(10,000)

As at 31 January 2026	100	235,766	235,866

1. General Information

SRA Products Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11764218 . The registered office is 175a Park Road, Hartlepool, TS26 9JA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Plant & Machinery	25% WDV
Fixtures & Fittings	25% WDV
Computer Equipment	25% WDV

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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.

...CONTINUED

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SRA Products Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 3)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 February 2025	-	7,465	-	1,171	8,636
Additions	250,000	-	5,876	2,677	258,553

As at 31 January 2026	250,000	7,465	5,876	3,848	267,189

Depreciation
As at 1 February 2025	-	1,662	-	203	1,865
Provided during the period	-	1,451	1,469	911	3,831

As at 31 January 2026	-	3,113	1,469	1,114	5,696

Net Book Value
As at 31 January 2026	250,000	4,352	4,407	2,734	261,493

As at 1 February 2025	-	5,803	-	968	6,771

5. Stocks

	2026	2025
	£	£
Finished goods	200,000	166,392
Work in progress	300	-

	200,300	166,392

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	95,137	73,468
Other debtors	7,532	-

	102,669	73,468

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SRA Products Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	187,680	110,222
Bank loans and overdrafts	23,989	29,545
Other creditors	247,312	66,200
Taxation and social security	97,786	49,609

	556,767	255,576

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Mr Steven Alday	(65,986 )	-	(185,280 )	-	(251,267 )

The above loan is unsecured, interest free and repayable on demand.

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