REGISTERED NUMBER: 09133945 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

Sandhu Formwork Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Karbinderjit Singh

REGISTERED OFFICE:

Unit 4 Sams Lane

West Bromwich

West Midlands

B70 7ED

REGISTERED NUMBER:

09133945 (England and Wales)

FIXED ASSETS

Tangible assets

4

89,659

11,550

CURRENT ASSETS

Debtors

5

202,970

290,882

Cash at bank

258

6,887

203,228

297,769

CREDITORS

Amounts falling due within one year

6

(169,842

)

(159,947

)

NET CURRENT ASSETS

33,386

137,822

TOTAL ASSETS LESS CURRENT LIABILITIES

123,045

149,372

CREDITORS

Amounts falling due after more than one year

7

(70,352

)

-

NET ASSETS

52,693

149,372

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

52,692

149,371

SHAREHOLDERS' FUNDS

52,693

149,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 31 October 2026 and were signed by:

Mr Karbinderjit Singh - Director

1.	STATUTORY INFORMATION

Sandhu Formwork 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, 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.

Plant and machinery

-

25% on cost

Computer equipment

-

25% on cost

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 16 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

69,328

17,791

4,454

91,573

Additions

56,169

61,769

-

117,938

Disposals

(16,945

)

-

-

(16,945

)

At 31 October 2025

108,552

79,560

4,454

192,566

DEPRECIATION

At 1 November 2024

59,934

17,791

2,298

80,023

Charge for year

21,034

15,442

951

37,427

Eliminated on disposal

(14,543

)

-

-

(14,543

)

At 31 October 2025

66,425

33,233

3,249

102,907

NET BOOK VALUE

At 31 October 2025

42,127

46,327

1,205

89,659

At 31 October 2024

9,394

-

2,156

11,550

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

196,049

238,953

Other debtors

3,322

49,000

Directors' current accounts

-

1,628

VAT

3,599

1,301

202,970

290,882

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

6,951

-

Other loans

4,206

14,487

IWOCA Loan

20,000

-

Lending crowd funding

2,210

26,228

Trade creditors

323

3,038

Tax

1,749

24,262

Social security and other taxes

111,925

82,662

Wages control

20,406

5,380

Directors' current accounts

782

-

Accrued expenses

1,290

3,890

169,842

159,947

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

70,352

-