REGISTERED NUMBER: 16268108 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

21 FEBRUARY 2025 TO 31 MARCH 2026

FOR

S & H SURFACING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W P Howes

G M Shearing

REGISTERED OFFICE:

Upper Stumble House

Haywards Heath Road

Balcombe

United Kingdom

RH17 6NJ

REGISTERED NUMBER:

16268108 (England and Wales)

ACCOUNTANTS:

Watson Associates

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

202,447

CURRENT ASSETS

Debtors

5

314,098

Cash at bank

110,285

424,383

CREDITORS

Amounts falling due within one year

6

(381,625

)

NET CURRENT ASSETS

42,758

TOTAL ASSETS LESS CURRENT LIABILITIES

245,205

CREDITORS

Amounts falling due after more than one year

7

(142,346

)

PROVISIONS FOR LIABILITIES

(8,502

)

NET ASSETS

94,357

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

94,355

SHAREHOLDERS' FUNDS

94,357

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

G M Shearing - Director

1.	STATUTORY INFORMATION

S & H Surfacing 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.

Critical accounting judgements and key sources of estimation uncertainty

No significant judgements have had to be made by management in preparing these financial statements.

There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only 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.

Taxation

Taxation for the period 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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Reporting period

These are the company’s first financial statements since its incorporation on 21 February 2025. The company’s first accounting period is for the period from 21 February 2025 to 31 March 2026, being a period of approximately 13 months. The accounting period has been extended to 31 March 2026 to align the company’s financial year end with its intended accounting reference date. As these are the company’s first financial statements, no comparative figures are presented.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

Additions

4,300

218,486

222,786

Disposals

-

(5,800

)

(5,800

)

At 31 March 2026

4,300

212,686

216,986

DEPRECIATION

Charge for period

143

15,121

15,264

Eliminated on disposal

-

(725

)

(725

)

At 31 March 2026

143

14,396

14,539

NET BOOK VALUE

At 31 March 2026

4,157

198,290

202,447

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Motor

vehicles

£

COST

Additions

207,186

At 31 March 2026

207,186

DEPRECIATION

Charge for period

13,021

At 31 March 2026

13,021

NET BOOK VALUE

At 31 March 2026

194,165

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

148,287

Other debtors

165,811

314,098

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts and finance leases

50,181

Trade creditors

198,346

Taxation and social security

33,308

Other creditors

99,790

381,625

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts and finance leases

142,346

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

1

2

9.	RELATED PARTY DISCLOSURES

During the period, the company advanced £25,214 to Howes Sporting Limited, a company controlled by W Howes, and received repayments totalling £15,803. At the balance sheet date, £9,411 was due to the company from Howes Sporting Limited.

During the period, the company advanced £10,000 to GMS Sussex Limited, a company controlled by G Shearing, and received advances totalling £43,110. At the balance sheet date, £33,110 was due from the company to GMS Sussex Limited.