SHARDAIS FIT OUT LTD - Limited company accounts 25.1

REGISTERED NUMBER: 13154549 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2026

for

SHARDAIS FIT OUT LTD

Page

Company Information

1

Report of the Directors

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

J P NORRIS

MRS S J NORRIS

C L MCFARLANE

SECRETARY:

MERLIN BUSINESS SERVICES UK LTD

REGISTERED OFFICE:

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

REGISTERED NUMBER:

13154549 (England and Wales)

ACCOUNTANTS:

MERLIN ACCOUNTANCY & PAYROLE SERVICES LTD

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

The directors present their report with the financial statements of the company for the year ended 31 March 2026.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2025 to the date of this report.

J P NORRIS

MRS S J NORRIS

C L MCFARLANE

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

MRS S J NORRIS - Director

1 August 2026

TURNOVER

170,196

304,991

Cost of sales

114,952

199,336

GROSS PROFIT

55,244

105,655

Administrative expenses

39,181

40,318

OPERATING PROFIT

4

16,063

65,337

Interest payable and similar expenses

56

120

PROFIT BEFORE TAXATION

16,007

65,217

Tax on profit

3,516

14,195

PROFIT FOR THE FINANCIAL YEAR

12,491

51,022

Retained earnings at beginning of year

28,003

9,981

Dividends

5

-

(33,000

)

RETAINED EARNINGS AT END OF YEAR

40,494

28,003

FIXED ASSETS

Tangible assets

6

9,673

12,173

CURRENT ASSETS

Debtors

7

64,581

71,752

Cash at bank and in hand

8,013

7,000

72,594

78,752

CREDITORS

Amounts falling due within one year

8

38,199

59,348

NET CURRENT ASSETS

34,395

19,404

TOTAL ASSETS LESS CURRENT LIABILITIES

44,068

31,577

CREDITORS

Amounts falling due after more than one year

9

3,573

NET ASSETS

40,495

28,004

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

40,494

28,003

SHAREHOLDERS' FUNDS

40,495

28,004

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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2026 and were signed on its behalf by:

MRS S J NORRIS - Director

1.	STATUTORY INFORMATION

SHARDAIS FIT OUT LTD 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 1 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31/3/26

31/3/25

£

Depreciation - owned assets

2,500

5.

DIVIDENDS

31/3/26

31/3/25

£

ORDINARY shares of 1.00 each

Final

-

33,000

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

17,173

DEPRECIATION

At 1 April 2025

5,000

Charge for year

2,500

At 31 March 2026

7,500

NET BOOK VALUE

At 31 March 2026

9,673

At 31 March 2025

12,173

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

CIS Tax suffered

61,606

71,752

VAT

2,975

-

64,581

71,752

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Trade creditors

5

Tax

3,013

16,369

Directors' current accounts

32,201

38,519

Accrued expenses

2,980

4,455

38,199

59,348

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

Other loans - 1-2 years

3,573