REGISTERED NUMBER: 05032333 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

SLOANE STREET AUCTION GALLERIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Hunt

REGISTERED OFFICE:

69 Lower Sloane Street

London

SW1W 8DA

REGISTERED NUMBER:

05032333 (England and Wales)

ACCOUNTANTS:

Neuhoff & Co

Chartered Accountants

Claydons Barns

11 Towcester Road

Whittlebury

Northamptonshire

NN12 8XU

FIXED ASSETS

Tangible assets

4

38,312

47,280

CURRENT ASSETS

Stocks

63,431

49,111

Debtors

5

441,184

223,876

Cash at bank and in hand

606,506

293,696

1,111,121

566,683

CREDITORS

Amounts falling due within one year

6

(941,043

)

(526,436

)

NET CURRENT ASSETS

170,078

40,247

TOTAL ASSETS LESS CURRENT LIABILITIES

208,390

87,527

CAPITAL AND RESERVES

Called up share capital

8

88

87

Share premium

291,072

276,633

Retained earnings

(82,770

)

(189,193

)

SHAREHOLDERS' FUNDS

208,390

87,527

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 September 2026 and were signed by:

D Hunt - Director

1.	STATUTORY INFORMATION

Sloane Street Auction Galleries 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 commissions received on sales at auction and in respect of retail sales, 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.

Plant and machinery etc

-

25% on cost, 15% on cost and in accordance with the property

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 10 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

79,835

Additions

6,094

At 31 March 2026

85,929

DEPRECIATION

At 1 April 2025

32,555

Charge for year

15,062

At 31 March 2026

47,617

NET BOOK VALUE

At 31 March 2026

38,312

At 31 March 2025

47,280

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

333,068

11,700

Other debtors

108,116

212,176

441,184

223,876

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

709,975

156,268

Taxation and social security

125,204

116,219

Other creditors

105,864

253,949

941,043

526,436

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

225,000

225,000

Between one and five years

741,575

741,575

In more than five years

675,000

900,000

1,641,575

1,866,575

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

8,000

Ordinary

£0.01

80

80

766

Preferred Ordinary

£0.01

8

7

88

87

38 Preferred Ordinary shares of £0.01 each were allotted as fully paid at a premium of £379.99 per share during the year.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

A sum of £33,916 was advanced to the Director during the year. This sum was repaid in full in September 2026.

10.	RELATED PARTY DISCLOSURES