Company Registration No. 12899288 (England and Wales)
Sfc Developments Limited
Unaudited accounts
for the year ended 31 March 2026
Sfc Developments Limited
Unaudited accounts
Contents
Sfc Developments Limited
Company Information
for the year ended 31 March 2026
Directors
David Richard Anthony Mack
Robert Michael Edwin Mack
George Christopher Ian Mack
Company Number
12899288 (England and Wales)
Registered Office
Hill Farm Rectory Road
Lower Bodham
Holt
NR25 6PR
United Kingdom
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Sfc Developments Limited
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
133,039
-
Creditors: amounts falling due within one year
(47,840)
(87,108)
Net current assets
110,419
819
Called up share capital
100
100
Profit and loss account
110,319
719
Shareholders' funds
110,419
819
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by
David Richard Anthony Mack
Director
Company Registration No. 12899288
Sfc Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
Sfc Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 12899288. The registered office is Hill Farm Rectory Road, Lower Bodham, Holt, NR25 6PR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
Accrued income and prepayments
-
780
Sfc Developments Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Creditors: amounts falling due within one year
2026
2025
Trade creditors
11,028
1,708
Amounts owed to group undertakings and other participating interests
-
84,110
Taxes and social security
36,092
-
6
Average number of employees
During the year the average number of employees was 3 (2025: 3).