Sugoi Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07153484

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Sugoi Solutions Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T J Harris

Mr B P May

SECRETARY:

Mr T J Harris

REGISTERED OFFICE:

22 Gilda Parade

Whitchurch

Bristol

BS14 9HY

REGISTERED NUMBER:

07153484

ACCOUNTANTS:

Norton Tax Shops Limited

3 & 5 Station Road

Keynsham

Bristol

BS31 2BH

FIXED ASSETS

Tangible assets

4

43,708

141,425

CURRENT ASSETS

Stocks

147,600

30,000

Debtors

779,209

1,355,280

Cash at bank

344,776

236,446

1,271,585

1,621,726

CREDITORS

Amounts falling due within one year

778,976

1,223,904

NET CURRENT ASSETS

492,609

397,822

TOTAL ASSETS LESS CURRENT
LIABILITIES

536,317

539,247

CREDITORS

Amounts falling due after more than one
year

-

11,586

NET ASSETS

536,317

527,661

CAPITAL AND RESERVES

Called up share capital

6

2

Retained earnings

536,315

527,659

SHAREHOLDERS' FUNDS

536,317

527,661

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 September 2026 and were signed on its behalf by:

Mr T J Harris - Director

Mr B P May - Director

1.	STATUTORY INFORMATION

Sugoi Solutions Ltd is a private company, limited by shares , registered in Not specified/Other. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 13 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

331,787

Additions

12,523

Disposals

(249,810

)

At 31 March 2026

94,500

DEPRECIATION

At 1 April 2025

190,362

Charge for year

35,440

Eliminated on disposal

(175,010

)

At 31 March 2026

50,792

NET BOOK VALUE

At 31 March 2026

43,708

At 31 March 2025

141,425

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2025

251,091

Disposals

(218,401

)

At 31 March 2026

32,690

DEPRECIATION

At 1 April 2025

101,805

Eliminated on disposal

(155,121

)

At 31 March 2026

(53,316

)

NET BOOK VALUE

At 31 March 2026

86,006

At 31 March 2025

149,286

5.	DEFERRED TAX

£

Balance at 1 April 2025

(23,499

)

Credit to Income Statement during year

(1,536

)

Balance at 31 March 2026

(25,035

)

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

2

Ordinary

£1

2

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

Mr B P May

Balance outstanding at start of year

313

-

Amounts advanced

-

30,313

Amounts repaid

-

(30,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

313

Mr T J Harris

Balance outstanding at start of year

-

Amounts repaid

(172

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(172

)

-

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Sugoi Building Solutions Limited.