REGISTERED NUMBER: 01197379 (England and Wales)

SEVERN VENTILATION LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C M Barratt

SECRETARY:

Mrs K Barratt

REGISTERED OFFICE:

Unit 9

Hartlebury Trading Estate

Hartlebury

Kidderminster

Worcestershire

DY10 4JB

REGISTERED NUMBER:

01197379 (England and Wales)

ACCOUNTANTS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Tangible assets

4

15,773

21,148

CURRENT ASSETS

Stocks

1,500

1,250

Debtors

5

87,172

24,644

Cash at bank

63,610

30,819

152,282

56,713

CREDITORS

Amounts falling due within one year

6

76,372

27,646

NET CURRENT ASSETS

75,910

29,067

TOTAL ASSETS LESS CURRENT LIABILITIES

91,683

50,215

CREDITORS

Amounts falling due after more than one year

7

(10,382

)

(16,040

)

PROVISIONS FOR LIABILITIES

8

(2,997

)

(4,018

)

NET ASSETS

78,304

30,157

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

10

77,304

29,157

SHAREHOLDERS' FUNDS

78,304

30,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

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

The financial statements were approved by the director and authorised for issue on 29 September 2026 and were signed by:

C M Barratt - Director

1.	STATUTORY INFORMATION

Severn Ventilation 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 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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 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.

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 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

4,147

2,169

24,041

30,357

Disposals

(1,246

)

-

-

(1,246

)

At 31 January 2026

2,901

2,169

24,041

29,111

DEPRECIATION

At 1 February 2025

2,189

1,010

6,010

9,209

Charge for year

224

175

4,507

4,906

Eliminated on disposal

(777

)

-

-

(777

)

At 31 January 2026

1,636

1,185

10,517

13,338

NET BOOK VALUE

At 31 January 2026

1,265

984

13,524

15,773

At 31 January 2025

1,958

1,159

18,031

21,148

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

Motor

vehicles

£

COST

At 1 February 2025

and 31 January 2026

24,041

DEPRECIATION

At 1 February 2025

6,010

Charge for year

4,507

At 31 January 2026

10,517

NET BOOK VALUE

At 31 January 2026

13,524

At 31 January 2025

18,031

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

83,010

20,531

Prepayments & accrued income

4,162

4,113

87,172

24,644

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

5,658

5,658

Trade creditors

41,650

12,270

Corporation tax

1,167

-

Social security and other taxes

5,245

1,748

VAT

20,311

5,839

Director's loan account

241

331

Accruals

2,100

1,800

76,372

27,646

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

10,382

16,040

8.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

2,997

4,018

Deferred

tax

£

Balance at 1 February 2025

4,018

Utilised during year

(1,021

)

Balance at 31 January 2026

2,997

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.

RESERVES

Retained

earnings

£

At 1 February 2025

29,157

Profit for the year

48,147

At 31 January 2026

77,304

11.	RELATED PARTY DISCLOSURES

12.	ULTIMATE CONTROLLING PARTY

The controlling party is C M Barratt.