SC Homes Limited

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

Registered number: NI067171

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		350,169		364,741

			350,169		364,741
CURRENT ASSETS
Stocks	5	160,000		60,000
Debtors	6	6,557		7,397
Cash at bank and in hand		923,393		1,121,163

		1,089,950		1,188,560
Creditors: Amounts Falling Due Within One Year	7	(104,087 )		(218,522 )

NET CURRENT ASSETS (LIABILITIES)			985,863		970,038

TOTAL ASSETS LESS CURRENT LIABILITIES			1,336,032		1,334,779

Creditors: Amounts Falling Due After More Than One Year	8		(591,028 )		(590,998 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(23,555 )		(21,347 )

NET ASSETS			721,449		722,434

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			721,447		722,432

SHAREHOLDERS' FUNDS			721,449		722,434

Page 1

Page 2

SC Homes Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

Mr Sam Creith

Director

08/10/2026

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

1. General Information

SC Homes Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI067171 . The registered office is The Whins, 4 Seneril Road, Bushmills, BT57 8TR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

Revenue from the sale of goods is recognised when the conditions in a contract of sale have been fulfilled, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably

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. 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:

Plant & Machinery

15% Reducing Balance

2.4. 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.

2.5. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

SC Homes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2025	252,389	196,950	449,339
Additions	-	33,500	33,500
Disposals	(26,194 )	-	(26,194 )

As at 31 March 2026	226,195	230,450	456,645

Depreciation
As at 1 April 2025	-	84,598	84,598
Provided during the period	-	21,878	21,878

As at 31 March 2026	-	106,476	106,476

Net Book Value
As at 31 March 2026	226,195	123,974	350,169

As at 1 April 2025	252,389	112,352	364,741

5. Stocks

	2026	2025
	£	£
Work in progress	160,000	60,000

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	6,557	7,397

Page 4

Page 5

SC Homes Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	100,000	208,774
Corporation tax	-	7,652
Other taxes and social security	2,487	496
Accruals and deferred income	1,600	1,600

	104,087	218,522

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

	2026	2025
	£	£
Other creditors	591,028	590,998

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	23,555	21,347

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

Page 5