REGISTERED NUMBER: 06258791 (England and Wales)

Unaudited Financial Statements

for the Period 1 June 2025 to 28 February 2026

for

SB Pipework Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Bielby

SECRETARY:

Mrs D Bielby

REGISTERED OFFICE:

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

REGISTERED NUMBER:

06258791 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

4

1,835

2,108

CURRENT ASSETS

Debtors

5

39,216

39,703

Cash at bank

21,863

40,632

61,079

80,335

CREDITORS

Amounts falling due within one year

6

44,300

43,775

NET CURRENT ASSETS

16,779

36,560

TOTAL ASSETS LESS CURRENT LIABILITIES

18,614

38,668

PROVISIONS FOR LIABILITIES

7

348

400

NET ASSETS

18,266

38,268

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,166

38,168

SHAREHOLDERS' FUNDS

18,266

38,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2026 and were signed by:

S Bielby - Director

1.	STATUTORY INFORMATION

SB Pipework Limited 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and Machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer Equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 period was NIL (2025 - 4 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

Machinery

fittings

Equipment

Totals

£

£

£

£

COST

At 1 June 2025

8,351

159

5,632

14,142

Additions

-

-

1,348

1,348

At 28 February 2026

8,351

159

6,980

15,490

DEPRECIATION

At 1 June 2025

7,780

159

4,095

12,034

Charge for period

85

-

1,536

1,621

At 28 February 2026

7,865

159

5,631

13,655

NET BOOK VALUE

At 28 February 2026

486

-

1,349

1,835

At 31 May 2025

571

-

1,537

2,108

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

31.5.25

£

£

Trade Debtors

37,426

39,580

Prepayments

1,790

123

39,216

39,703

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

31.5.25

£

£

Trade Creditors

1

-

Tax

14,011

11,613

Social security and other taxes

1,669

937

VAT

18,479

11,774

Directors' loan accounts

8,550

3,860

Accrued Expenses

1,590

15,591

44,300

43,775

7.	PROVISIONS FOR LIABILITIES

28.2.26

31.5.25

£

£

Deferred tax

348

400

Deferred

tax

£

Balance at 1 June 2025

400

Deferred Tax

Balance at 28 February 2026

400

**

BALANCE ABOVE AT END OF YEAR RE DEFERRED TAX ON CLIENT SCREEN OF

-

DOES NOT AGREE TO CURRENT YEAR TOTAL OF ACCOUNTS PER TB

348

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - BALANCE SHEET ITEMS - PROVISIONS FOR LIABILITIES - MOVEMENT IN PROVISIONS ETC

Please note: a deferred tax asset should be entered as a negative balance (i.e. include a "-" sign)

8.	RELATED PARTY DISCLOSURES