REGISTERED NUMBER: 14319589 (England and Wales)

Financial Statements

for the Year Ended 31st December 2025

for

S & C HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C W Yeoell

S M Youthed

REGISTERED OFFICE:

Redhill Chambers

2d High Street

Redhill

Surrey

RH1 1RJ

REGISTERED NUMBER:

14319589 (England and Wales)

ACCOUNTANTS:

Cheeld Wheeler & Co

Chartered Certified Accountants

Redhill Chambers

2d High Street

Redhill

Surrey

RH1 1RJ

FIXED ASSETS

Investments

4

498,267

520,919

CURRENT ASSETS

Debtors

5

22,652

-

NET CURRENT ASSETS

22,652

-

TOTAL ASSETS LESS CURRENT LIABILITIES

520,919

520,919

CAPITAL AND RESERVES

Called up share capital

152

152

Retained earnings

520,767

520,767

SHAREHOLDERS' FUNDS

520,919

520,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 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 14th August 2026 and were signed on its behalf by:

C W Yeoell - Director

S M Youthed - Director

1.	STATUTORY INFORMATION

S & C Holdings 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 as modified by the revaluation of certain assets.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1st January 2025

520,919

Revaluations

(22,652

)

At 31st December 2025

498,267

NET BOOK VALUE

At 31st December 2025

498,267

At 31st December 2024

520,919

Cost or valuation at 31st December 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2024

520,919

Valuation in 2025

(22,652

)

498,267

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Reigate Motor Company Limited

Registered office: England & Wales

Nature of business: Motor vehicle servicing

%

Class of shares:

holding

Ordinary shares

100.00

31/12/25

31/12/24

£

£

Aggregate capital and reserves

185,340

77,424

Profit for the year

212,076

208,930

Union Wharf Narrowboats Limited

Registered office: England & Wales

Nature of business: Hire of narrow boats

%

Class of shares:

holding

Ordinary shares

100.00

31/12/25

31/12/24

£

£

Aggregate capital and reserves

54,486

44,388

Profit/(loss) for the year

10,098

(6,880

)

The company acquired the share capital in this company during the year.

Midland Mallard Limited

Registered office: England & Wales

Nature of business: Hire of narrowboats

%

Class of shares:

holding

Ordinary shares

100.00

31/12/25

31/12/24

£

£

Aggregate capital and reserves

-

(23,507

)

Loss for the year

-

(6,157

)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

22,652

-