Sub One Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13075236

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		5,860		6,927
Tangible Assets	5		1,299,378		1,221,475

			1,305,238		1,228,402
CURRENT ASSETS
Stocks	6	353,507		315,425
Debtors	7	957		3,134
Cash at bank and in hand		6,078		9,288

		360,542		327,847
Creditors: Amounts Falling Due Within One Year	8	(611,503 )		(305,136 )

NET CURRENT ASSETS (LIABILITIES)			(250,961 )		22,711

TOTAL ASSETS LESS CURRENT LIABILITIES			1,054,277		1,251,113

Creditors: Amounts Falling Due After More Than One Year	9		(2,327,419 )		(2,096,315 )

NET LIABILITIES			(1,273,142 )		(845,202 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(1,273,242 )		(845,302 )

SHAREHOLDERS' FUNDS			(1,273,142)		(845,202)

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Sub One Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Alexandra Hunt

Director

28/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Sub One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13075236 . The registered office is 34c High Street, Yatton, Bristol, BS49 4JA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0 - 50 years, straight line
Plant & Machinery	5 years, straight line
Motor Vehicles	5 years, straight line
Fixtures & Fittings	5 years, straight line
Computer Equipment	5 years, straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 13)

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Sub One Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	10,670

As at 31 December 2025	10,670

Amortisation
As at 1 January 2025	3,743
Provided during the period	1,067

As at 31 December 2025	4,810

Net Book Value
As at 31 December 2025	5,860

As at 1 January 2025	6,927

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2025	1,223,274	35,547	37,450	25,599
Additions	104,332	-	11,500	17,981

As at 31 December 2025	1,327,606	35,547	48,950	43,580

Depreciation
As at 1 January 2025	43,587	20,179	28,712	9,115
Provided during the period	30,765	7,110	9,790	8,716

As at 31 December 2025	74,352	27,289	38,502	17,831

Net Book Value
As at 31 December 2025	1,253,254	8,258	10,448	25,749

As at 1 January 2025	1,179,687	15,368	8,738	16,484


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2025	2,651	1,324,521
Additions	1,252	135,065

As at 31 December 2025	3,903	1,459,586

...CONTINUED

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Sub One Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	1,453	103,046
Provided during the period	781	57,162

As at 31 December 2025	2,234	160,208

Net Book Value
As at 31 December 2025	1,669	1,299,378

As at 1 January 2025	1,198	1,221,475

6. Stocks

	2025	2024
	£	£
Stock	353,507	315,425

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	2,693
Other debtors	957	441

	957	3,134

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	238,943	124,905
Other loans	22,780	-
Amounts owed to group undertakings	161,891	132,693
Other creditors	64,896	11,716
Taxation and social security	122,993	35,822

	611,503	305,136

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	98,752	-
Other creditors	2,228,667	2,096,315

	2,327,419	2,096,315

10. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	100	100

Amount of Allotted, Called Up Share Capital	100	100

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