Company Registration No. SC595022 (Scotland)
Sadco Holdings Ltd
Unaudited accounts
for the year ended 30 April 2026
Sadco Holdings Ltd
Unaudited accounts
Contents
Sadco Holdings Ltd
Company Information
for the year ended 30 April 2026
Director
Saqib Assam Sadiq
Company Number
SC595022 (Scotland)
Registered Office
87 Fernlea
Bearsden
Glasgow
Lanarkshire
G61 1NE
Scotland
Accountants
AMS Accounting Services Ltd
Chartered Certified Accountants
13 Corrie Crescent
Newton Mearns
Glasgow
United Kingdom
G77 5XP
Sadco Holdings Ltd
Statement of financial position
as at 30 April 2026
Tangible assets
34,005
21,036
Investment property
475,445
475,445
Cash at bank and in hand
5,988
4,939
Creditors: amounts falling due within one year
(2,125)
(2,905)
Net current assets
3,863
2,034
Total assets less current liabilities
513,313
498,515
Creditors: amounts falling due after more than one year
(479,254)
(470,351)
Called up share capital
100
100
Profit and loss account
33,959
28,064
Shareholders' funds
34,059
28,164
For the year ending 30 April 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 November 2026 and were signed on its behalf by
Saqib Assam Sadiq
Director
Company Registration No. SC595022
Sadco Holdings Ltd
Notes to the Accounts
for the year ended 30 April 2026
Sadco Holdings Ltd is a private company, limited by shares, registered in Scotland, registration number SC595022. The registered office is 87 Fernlea, Bearsden, Glasgow, Lanarkshire, G61 1NE, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover from rental income represents the value of the rental amount under the agreement to the extent that there is a right to the considerations and is recorded at the value of the considerations due.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance basis
Fixtures & fittings
15% on reducing balance basis
Computer equipment
15% on reducing balance basis
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 arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Sadco Holdings Ltd
Notes to the Accounts
for the year ended 30 April 2026
Government grants in relation to COVID-19 which becomes receivable as compensation for losses or expenses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs is recognised in income in the period in which it becomes receivable.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2025
450
28,508
28,958
Additions
1,136
14,989
16,125
At 30 April 2026
1,586
43,497
45,083
At 1 May 2025
224
7,698
7,922
Charge for the year
34
3,122
3,156
At 30 April 2026
258
10,820
11,078
At 30 April 2026
1,328
32,677
34,005
At 30 April 2025
226
20,810
21,036
Fair value at 1 May 2025
475,445
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
-
935
Other creditors
1,450
1,450
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
279,038
291,390
Other creditors
44,654
54,654
Loans from directors
155,562
124,307
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Sadco Holdings Ltd
Notes to the Accounts
for the year ended 30 April 2026
9
Transactions with related parties
The company owes Mr Saqib Assam Sadiq, a director, an amount of £155,562 (2025 : £124,307) as at the balance sheet date. There is no interest on this loan and no fixed date for repayment.
10
Average number of employees
During the year the average number of employees was 0 (2025: 0).