Company registration number 06499091 (England and Wales)
Sandycroft Holdings Limited
Unaudited Financial Statements
For the year ended 31 December 2025
Sandycroft Holdings Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 9
Sandycroft Holdings Limited
Statement Of Financial Position
As at 31 December 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
40,000
45,000
Tangible assets
4
103,427
139,754
Investment property
5
700,000
700,000
843,427
884,754
Current assets
Debtors
6
130,487
272,200
Cash at bank and in hand
588,720
600,000
719,207
872,200
Creditors: amounts falling due within one year
7
(887,912)
(735,601)
Net current (liabilities)/assets
(168,705)
136,599
Total assets less current liabilities
674,722
1,021,353
Creditors: amounts falling due after more than one year
8
(208,405)
(512,134)
Provisions for liabilities
(82,500)
(91,900)
Net assets
383,817
417,319
Capital and reserves
Called up share capital
1,000
1,000
Share premium account
210,476
210,476
Profit and loss reserves
10
172,341
205,843
Total equity
383,817
417,319
Sandycroft Holdings Limited
Statement Of Financial Position (continued)
As at 31 December 2025
31 December 2025
- 2 -

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 directors acknowledge their 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 directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 3 August 2026 and are signed on its behalf by:
Mr R Whalley
Director
Company registration number 06499091 (England and Wales)
Sandycroft Holdings Limited
Notes to the financial statements
For the year ended 31 December 2025
- 3 -
1
Accounting policies
Company information

Sandycroft Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Wharfside, Festival Way, Stoke on Trent, Staffordshire, England, ST1 5PU.

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.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Revenue

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 VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

Other income

Turnover also represents management charges and rental income receivable in the year.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

1.4
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.

Sandycroft Holdings Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
1
Accounting policies
(Continued)
- 4 -

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% on reducing balance
Motor vehicles
Straight line over 6 years

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.

1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

1.6
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. Bank overdrafts are shown within borrowings in current liabilities.

1.7
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 statement of financial position 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 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.

Sandycroft Holdings 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 bank loan s and loans from fellow group companies 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.

1.8
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.

1.9
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 income statement 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.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Sandycroft Holdings Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
1
Accounting policies
(Continued)
- 6 -
1.10
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.

1.11
Retirement benefits

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

1.12
Leases
As lessor

When the company acts as a lessor, a lease is classified as a finance lease whenever it transfers substantially all the risks and rewards of ownership of the underlying asset to the lessee, either at the end of the lease term or for the major part of the economic life of the asset. All other leases are classified as operating leases. If an arrangement contains both lease and non-lease components, the company allocates the consideration in the contract to the two elements.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
Sandycroft Holdings Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
- 7 -
3
Intangible fixed assets
Goodwill
£
Cost
At 1 January 2025 and 31 December 2025
50,000
Amortisation and impairment
At 1 January 2025
5,000
Amortisation charged for the year
5,000
At 31 December 2025
10,000
Carrying amount
At 31 December 2025
40,000
At 31 December 2024
45,000
4
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 January 2025
511,535
27,878
539,413
Additions
4,990
-
0
4,990
Disposals
(85,453)
-
0
(85,453)
At 31 December 2025
431,072
27,878
458,950
Depreciation and impairment
At 1 January 2025
383,027
16,632
399,659
Depreciation charged in the year
31,477
2,249
33,726
Eliminated in respect of disposals
(77,862)
-
0
(77,862)
At 31 December 2025
336,642
18,881
355,523
Carrying amount
At 31 December 2025
94,430
8,997
103,427
At 31 December 2024
128,508
11,246
139,754
5
Investment property
2025
£
Fair value
At 1 January 2025 and 31 December 2025
700,000
Sandycroft Holdings Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
5
Investment property
(Continued)
- 8 -

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
56,030
Other debtors
130,487
216,170
130,487
272,200
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
6,292
8,199
Trade creditors
1,129
2,022
Amounts owed to group undertakings
696,316
630,739
Taxation and social security
70,948
69,551
Other creditors
113,227
25,090
887,912
735,601
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
208,405
212,134
Amounts owed to group undertakings
-
0
300,000
208,405
512,134
Creditors which fall due after five years are payable as follows:
Payable by instalments
167,906
172,804
9
Security

The bank loans are secured by a first legal charge over the freehold property at Wharfside, Festival Way, Stoke on Trent, ST1 5PU.

There are also cross guarantees of £450,000 from other subsidiaries in the group.

Sandycroft Holdings Limited
Notes to the financial statements (continued)
For the year ended 31 December 2025
- 9 -
10
Profit and loss reserves

Profit and loss reserves comprises accumulated profits less any losses and distributions which have been retained within the company.

Included within retained earnings as at 31 December 2025 are non-distributable reserves of £170,966.

11
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

The advance is unsecured, repayable on demand and interest is charged at the rates agreed with HMRC per annum, where the balance exceeds £10,000 for each director.

Advances
% Rate
Opening balance
Amounts advanced
Closing balance
£
£
£
Directors loan account
2.25
-
64,150
64,150
Directors loan account
2.25
-
65,069
65,069
-
129,219
129,219
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