REGISTERED NUMBER: 07525884 (England and Wales)

SANDS PLUMBING & ELECTRICAL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

S Dyson

SECRETARY:

Mrs V Dyson

REGISTERED OFFICE:

2 Houndsfield Lane

Wythall

BIRMINGHAM

B47 6LX

REGISTERED NUMBER:

07525884 (England and Wales)

ACCOUNTANTS:

CUTTER & CO LTD

CHARTERED ACCOUNTANTS

3 Lyttleton Court

Birmingham Street

Halesowen

West Midlands

B63 3HN

FIXED ASSETS

Intangible assets

4

20,753

23,347

Tangible assets

5

118,836

142,852

139,589

166,199

CURRENT ASSETS

Stocks

2,000

-

Debtors

6

131,895

171,051

Cash at bank and in hand

55,485

113,049

189,380

284,100

CREDITORS

Amounts falling due within one year

7

168,428

187,920

NET CURRENT ASSETS

20,952

96,180

TOTAL ASSETS LESS CURRENT LIABILITIES

160,541

262,379

CREDITORS

Amounts falling due after more than one year

8

(59,430

)

(87,945

)

PROVISIONS FOR LIABILITIES

(29,709

)

(27,142

)

NET ASSETS

71,402

147,292

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

71,302

147,192

71,402

147,292

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 23rd October 2026 and were signed by:

S Dyson - Director

1.	STATUTORY INFORMATION

Sands Plumbing & Electrical 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, net of discounts and value added tax. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer and office equipment

-

33% on cost

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

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 8 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st February 2025

and 31st January 2026

25,941

AMORTISATION

At 1st February 2025

2,594

Charge for year

2,594

At 31st January 2026

5,188

NET BOOK VALUE

At 31st January 2026

20,753

At 31st January 2025

23,347

5.	TANGIBLE FIXED ASSETS

Computer

and

Plant and

Motor

office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st February 2025

14,700

218,205

4,016

236,921

Additions

-

15,490

1,185

16,675

Disposals

-

(19,599

)

-

(19,599

)

At 31st January 2026

14,700

214,096

5,201

233,997

DEPRECIATION

At 1st February 2025

5,340

85,556

3,173

94,069

Charge for year

2,940

34,162

682

37,784

Eliminated on disposal

-

(16,692

)

-

(16,692

)

At 31st January 2026

8,280

103,026

3,855

115,161

NET BOOK VALUE

At 31st January 2026

6,420

111,070

1,346

118,836

At 31st January 2025

9,360

132,649

843

142,852

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

116,043

156,102

Other debtors

6,815

8,446

VAT

-

6,503

Prepayments

9,037

-

131,895

171,051

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

21,174

10,945

Hire purchase contracts

29,222

27,771

Trade creditors

77,716

107,834

Corporation tax

4,112

9,330

Social security and other taxes

-

4,456

VAT

8,193

-

Other creditors

3,215

12,941

Directors' current accounts

2

904

Accrued expenses

24,794

13,739

168,428

187,920

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

2,864

Hire purchase contracts

35,860

65,081

Other creditors

23,570

20,000

59,430

87,945

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

65,082

92,852

The £65,082 (2025: £92,852) owed under hire purchase agreements are secured against the assets to which they relate.