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Company Registration No. 1168959 (England and Wales)
S.A.K. Equipment Limited Unaudited accounts for the year ended 30 June 2026
S.A.K. Equipment Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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S.A.K. Equipment Limited Company Information for the year ended 30 June 2026
Directors
Mr I J King Mrs S M King Mr A Fielding
Company Number
1168959 (England and Wales)
Registered Office
Unit 29 Hawthorns Road Eastbourne East Sussex BN23 6QA
Accountants
Maiden Accountancy Services Suite 4 Compass House 45 Gildredge Road Eastbourne East Sussex BN21 4RY
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S.A.K. Equipment Limited Statement of financial position as at 30 June 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
117,254
138,001
Current assets
Inventories
10,814
11,806
Debtors
5
352,089
393,902
Cash at bank and in hand
811,863
798,413
1,174,766
1,204,121
Creditors: amounts falling due within one year
6
(276,767)
(298,688)
Net current assets
897,999
905,433
Total assets less current liabilities
1,015,253
1,043,434
Provisions for liabilities
Deferred tax
7
(29,053)
(34,186)
Net assets
986,200
1,009,248
Capital and reserves
Called up share capital
3,001
3,001
Profit and loss account
983,199
1,006,247
Shareholders' funds
986,200
1,009,248
For the year ending 30 June 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
Mr I J King Director Company Registration No. 1168959
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S.A.K. Equipment Limited Notes to the Accounts for the year ended 30 June 2026
1
Statutory information
S.A.K. Equipment Limited is a private company, limited by shares, registered in England and Wales, registration number 1168959. The registered office is Unit 29, Hawthorns Road, Eastbourne, East Sussex, BN23 6QA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
3 years straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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S.A.K. Equipment Limited Notes to the Accounts for the year ended 30 June 2026
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2025
705,425
64,190
769,615
At 30 June 2026
705,425
64,190
769,615
Depreciation
At 1 July 2025
569,949
61,665
631,614
Charge for the year
20,322
425
20,747
At 30 June 2026
590,271
62,090
652,361
Net book value
At 30 June 2026
115,154
2,100
117,254
At 30 June 2025
135,476
2,525
138,001
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
333,160
375,198
Accrued income and prepayments
18,929
18,704
352,089
393,902
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
49,190
44,773
Trade creditors
12,949
22,536
Taxes and social security
166,026
185,617
Other creditors
46,752
44,012
Accruals
1,850
1,750
276,767
298,688
7
Deferred taxation
2026
2025
£
£
Accelerated capital allowances
29,053
34,186
2026
2025
£
£
Provision at start of year
34,186
40,218
Credited to the profit and loss account
(5,133)
(6,032)
Provision at end of year
29,053
34,186
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S.A.K. Equipment Limited Notes to the Accounts for the year ended 30 June 2026
8
Average number of employees
During the year the average number of employees was 22 (2025: 27).
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