ACCOUNTS - Final Accounts preparation

Registered number: 10711759

SHARP CONSULTANCY HOLDINGS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

SHARP CONSULTANCY HOLDINGS LIMITED

REGISTERED NUMBER: 10711759

BALANCE SHEET

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Investments	5		1,200,000		1,200,000
Current assets
Debtors: amounts falling due within one year	6	1,200		1,200
Cash at bank and in hand		43		43
			1,243		1,243

Net assets			1,201,243		1,201,243

Capital and reserves
Called up share capital	90	90
Share premium account	173,352	173,352
Profit and loss account	1,027,801	1,027,801
	1,201,243	1,201,243

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SHARP CONSULTANCY HOLDINGS LIMITED

REGISTERED NUMBER: 10711759

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 October 2026.

M L Sweeney

Director

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

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SHARP CONSULTANCY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Sharp Consultancy Holdings Limited is a private company limited by shares, incorporated in England and Wales (registered number: 10711759). Its registered office is Riverside Court, 202 Meadowhall Road, Sheffield, S9 1BN. The principal activity throughout the year continued to be that of a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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.

The company's functional and presentation currency is pound sterling.

The following principal accounting policies have been applied:

2.2

Share-based payments

Where share options are awarded to employees and are exercisable only upon satisfaction of a non market performance condition, the fair value of the options at the grant date is recognised as an expense in profit or loss when it becomes probable that the performance condition will be met.

The number of equity instruments expected to vest is reassessed at each reporting date based on the likelihood of the performance condition being satisfied. The cumulative expense recognised reflects the number of options that are ultimately expected to vest.

As the options in issue are not subject to market conditions or service conditions, the fair value does not incorporate market-based inputs or any time-based vesting assumptions.

Non-vesting conditions, if applicable, are incorporated into the fair value of the award at the grant date and are not subsequently adjusted.

Where the terms of the options are modified prior to satisfaction of the performance condition, any incremental fair value arising from the modification, measured as the difference between the fair value immediately before and after the modification, is recognised as an additional expense when it becomes probable that the modified condition will be met.

2.3

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

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SHARP CONSULTANCY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.5

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Employees

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

4.	Exceptional items
		2026	2025
		£	£

Share options expensed

533,333

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SHARP CONSULTANCY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2025	1,200,000
	At 31 March 2026	1,200,000

Debtors

					2026	2025
					£	£


Amounts owed by group undertakings	1,200	1,200

Related party transactions

On 18 December 2017, the Company established the Sharp Consultancy Holdings Limited EMI Share Option Scheme for the grant of share options to the Group's senior management team. 12 options, each with a nominal value of £1, were issued in the Company.

The options awarded were exercisable only upon satisfaction of a non-market performance condition and were therefore not subject to any market or service conditions, nor any vesting criteria or conditions that would require recognition of the relevant expense until it was probable that the non-market performance condition would be met.

The performance condition for the share options granted was satisfied on 10 May 2024, and the options were exercised on the same day. Amounts totalling £NIL (2025: £533,333) were recorded as an expense in the Company's profit and loss account for the period, representing the fair value of the shares issued. The resulting share option reserve created was immediately reclassified to the profit and loss reserve, and therefore the overall impact on equity is £NIL.

8.	Controlling party

Sharp Consultancy EOT Limited, a ompany registered in England and Wales, owns 100% of the share capital of the Company. Sharp Consultancy Employee-Ownership Trust is the beneficial owner of the shares in Sharp Consultancy EOT Limited.

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