REGISTERED NUMBER: 05528807 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

STEADY COURSE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C N Polatch

F G Polatch

REGISTERED OFFICE:

Mint Yard

The Square

Winchester

Hampshire

SO23 9EX

REGISTERED NUMBER:

05528807 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

8,799

17,473

Tangible assets

5

282

376

9,081

17,849

CURRENT ASSETS

Debtors

6

91,370

58,488

Cash at bank and in hand

196,321

206,814

287,691

265,302

CREDITORS

Amounts falling due within one year

7

166,948

151,098

NET CURRENT ASSETS

120,743

114,204

TOTAL ASSETS LESS CURRENT LIABILITIES

129,824

132,053

CREDITORS

Amounts falling due after more than one year

8

20,727

26,545

NET ASSETS

109,097

105,508

CAPITAL AND RESERVES

Called up share capital

104

104

Share premium

3,996

3,996

Retained earnings

104,997

101,408

109,097

105,508

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 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th August 2026 and were signed on its behalf by:

C N Polatch - Director

1.	STATUTORY INFORMATION

Steady Course Ltd 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.

Turnover

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

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.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

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

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 6 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Website

£

COST

At 1st April 2025

96,770

Additions

2,005

At 31st March 2026

98,775

AMORTISATION

At 1st April 2025

79,297

Amortisation for year

10,679

At 31st March 2026

89,976

NET BOOK VALUE

At 31st March 2026

8,799

At 31st March 2025

17,473

5.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1st April 2025

and 31st March 2026

6,488

20,434

26,922

DEPRECIATION

At 1st April 2025

6,112

20,434

26,546

Charge for year

94

-

94

At 31st March 2026

6,206

20,434

26,640

NET BOOK VALUE

At 31st March 2026

282

-

282

At 31st March 2025

376

-

376

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

71,623

54,131

Other debtors

20

3,630

Directors' loan accounts

1,727

727

Prepayments and accrued income

18,000

-

91,370

58,488

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other loans

5,000

5,000

Trade creditors

20,831

34,789

Tax

5,232

3,058

Social security and other taxes

2,736

1,846

VAT

4,700

4,284

Other creditors

125,449

99,121

Accrued expenses

3,000

3,000

166,948

151,098

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other loans - 2-5 years

20,727

26,545