REGISTERED NUMBER: NI069790 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

S C Rewinds Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Clarke

Mrs A Clarke

SECRETARY:

REGISTERED OFFICE:

Unit 12, Carryduff Business Park

Comber Road

Carryduff

Co. Down

BT8 8AN

REGISTERED NUMBER:

NI069790 (Northern Ireland)

ACCOUNTANTS:

Cleaver Black

Chartered Accountants

Suite 5 Ormeau House

91-97 Ormeau Road

Belfast

Co. Antrim

BT7 1SH

FIXED ASSETS

Tangible assets

4

68,428

64,354

CURRENT ASSETS

Stocks

5

60,000

50,000

Debtors

6

172,605

121,582

Cash at bank

-

2,191

232,605

173,773

CREDITORS

Amounts falling due within one year

7

(281,898

)

(238,125

)

NET CURRENT LIABILITIES

(49,293

)

(64,352

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,135

2

CREDITORS

Amounts falling due after more than one year

8

(18,894

)

-

NET ASSETS

241

2

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

239

-

SHAREHOLDERS' FUNDS

241

2

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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2026 and were signed on its behalf by:

S Clarke - Director

1.	STATUTORY INFORMATION

S C Rewinds Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

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 Statement of Income and Retained Earnings, 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.

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 9 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

6,905

53,261

17,395

77,561

Additions

-

-

19,690

19,690

At 31 March 2026

6,905

53,261

37,085

97,251

DEPRECIATION

At 1 April 2025

-

7,989

5,218

13,207

Charge for year

-

10,652

4,964

15,616

At 31 March 2026

-

18,641

10,182

28,823

NET BOOK VALUE

At 31 March 2026

6,905

34,620

26,903

68,428

At 31 March 2025

6,905

45,272

12,177

64,354

5.

STOCKS

2026

2025

£

£

Stocks

60,000

50,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

137,168

108,332

Directors' current accounts

28,687

20,000

Tax

6,750

(6,750

)

172,605

121,582

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

22,891

31,586

Funding Circle Ltd

108,364

82,500

Lombard Loan

-

2,498

Lombard Loan Smart Balancer Un

3,335

4,836

Lombard Loan Surge Tester

2,283

9,770

Trade creditors

58,807

32,473

Tax

21,911

(2,814

)

Social security and other taxes

22,220

15,433

VAT

32,020

31,030

Nat West Credit card Alison

2,162

600

Accruals

7,905

30,213

281,898

238,125

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase liability

18,894

-

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2026

2025

£

£

S Clarke

Balance outstanding at start of year

20,000

-

Amounts advanced

35,558

20,000

Amounts repaid

(31,627

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

23,931

20,000

Mrs A Clarke

Balance outstanding at start of year

-

-

Amounts advanced

41,006

-

Amounts repaid

(36,250

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,756

-