REGISTERED NUMBER: 05399171 (England and Wales)

STEVE RICE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N A Schwemm

REGISTERED OFFICE:

9 Montpelier Avenue

Bexley

Kent

DA5 3AP

REGISTERED NUMBER:

05399171 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

188 High Street

Tonbridge

Kent

TN9 1BE

FIXED ASSETS

Tangible assets

4

3,557

4,456

CURRENT ASSETS

Debtors

5

2,402

35,155

Cash at bank

77,204

52,033

79,606

87,188

CREDITORS

Amounts falling due within one year

6

51,148

90,843

NET CURRENT ASSETS/(LIABILITIES)

28,458

(3,655

)

TOTAL ASSETS LESS CURRENT LIABILITIES

32,015

801

CAPITAL AND RESERVES

Called up share capital

100

2

Retained earnings

31,915

799

32,015

801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 20 August 2026 and were signed by:

N A Schwemm - Director

1.	STATUTORY INFORMATION

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

Tangible fixed assets

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

Freehold property

-

Straight line over 25 years

Plant and machinery

-

25% on reducing balance

Fixture & Fittings

-

25% on reducing balance

Taxation

Taxation for the year 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 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 3 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Fixture &

property

machinery

Fittings

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

12,000

5,064

9,990

27,054

DEPRECIATION

At 1 April 2025

9,120

5,031

8,447

22,598

Charge for year

480

33

386

899

At 31 March 2026

9,600

5,064

8,833

23,497

NET BOOK VALUE

At 31 March 2026

2,400

-

1,157

3,557

At 31 March 2025

2,880

33

1,543

4,456

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,304

32,663

Sundry debtors

-

2,492

Called up share capital not paid

98

-

2,402

35,155

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

20,867

11,566

Corporation Tax

13,562

11,279

Social security and other taxes

(249

)

3,302

VAT

12,788

13,420

Sundry creditors

2,630

4,696

Directors' current accounts

-

45,880

Accruals and deferred income

1,550

700

51,148

90,843