REGISTERED NUMBER: 01283801 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Singer & James Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Taylor

J Bell

G James

REGISTERED OFFICE:

33 Roebuck Road

Hainault

Ilford

Essex

IG6 3TZ

REGISTERED NUMBER:

01283801 (England and Wales)

ACCOUNTANTS:

Granite Morgan Smith Limited

First Floor, 1 The Matchyns

London Road

Witham

Essex

CM8 3HA

FIXED ASSETS

Tangible assets

4

3,743

3,597

Investment property

5

5,347,500

5,347,500

5,351,243

5,351,097

CURRENT ASSETS

Debtors

6

19,903

15,935

Cash at bank and in hand

168,142

119,336

188,045

135,271

CREDITORS

Amounts falling due within one year

7

127,373

79,755

NET CURRENT ASSETS

60,672

55,516

TOTAL ASSETS LESS CURRENT LIABILITIES

5,411,915

5,406,613

PROVISIONS FOR LIABILITIES

1,282,873

1,274,058

NET ASSETS

4,129,042

4,132,555

CAPITAL AND RESERVES

Called up share capital

241,000

241,000

Fair value reserve

4,368,061

4,368,061

Retained earnings

(480,019

)

(476,506

)

SHAREHOLDERS' FUNDS

4,129,042

4,132,555

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

G Taylor - Director

1.	STATUTORY INFORMATION

Singer & James 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

This is the first year that the company has presented its results under FRS 102 section 1A. The last set of financial statements under UK GAAP were for the year to 31 December 2015. The date of transition to FRS 102 section 1A was 1 January 2016. There are no transitional adjustments arising from the first time adoption of FRS 102 section 1A

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

-

20% on reducing balance and 15% on cost

Fixtures and fittings

-

Straight line over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Long term contracts

Profit on long term contracts is taken as the work is carried out if the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs (as defined in accounting policies) as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs incurred to date bear to total expected costs for that contract. Revenues derived from variations on contracts are recognised only when they have been accepted by the customer. Full provision is made for losses on all contracts in the year in which they are first foreseen.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

139,774

Additions

1,968

At 31 December 2025

141,742

DEPRECIATION

At 1 January 2025

136,177

Charge for year

1,822

At 31 December 2025

137,999

NET BOOK VALUE

At 31 December 2025

3,743

At 31 December 2024

3,597

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

5,347,500

NET BOOK VALUE

At 31 December 2025

5,347,500

At 31 December 2024

5,347,500

Fair value at 31 December 2025 is represented by:

£

Valuation in 1995

(129,974

)

Valuation in 1988

440,539

Valuation in 2011

1,237,572

Valuation in 2017

3,003,886

Valuation in 2018

(271,517

)

Valuation in 2019

644,545

Cost

422,449

5,347,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

12,870

9,039

Other debtors

7,033

6,896

19,903

15,935

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

29,887

4,020

Taxation and social security

35,409

11,466

Other creditors

62,077

64,269

127,373

79,755

8.	POST BALANCE SHEET EVENTS

No events have occurred since the date of the balance sheet that need to be brought to the attention of shareholders or third parties.