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REGISTERED NUMBER: 13478578 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 JUNE 2024

FOR

SPECTRA ENERGY GROUP LTD

SPECTRA ENERGY GROUP LTD (REGISTERED NUMBER: 13478578)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SPECTRA ENERGY GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 JUNE 2024







DIRECTOR: M Wilcock





REGISTERED OFFICE: Unit 6, Rosebridge Court
Rosebridge Way
Ince
Wigan
WN1 3DP





REGISTERED NUMBER: 13478578 (England and Wales)





ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ

SPECTRA ENERGY GROUP LTD (REGISTERED NUMBER: 13478578)

BALANCE SHEET
29 JUNE 2024

29.6.24 29.6.23
Notes £    £   
CURRENT ASSETS
Debtors 4 350,945 17,892
Cash at bank 41,911 102,321
392,856 120,213
CREDITORS
Amounts falling due within one year 5 283,999 110,017
NET CURRENT ASSETS 108,857 10,196
TOTAL ASSETS LESS CURRENT
LIABILITIES

108,857

10,196

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 108,856 10,195
SHAREHOLDERS' FUNDS 108,857 10,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 2024 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 29 July 2024 and were signed by:





M Wilcock - Director


SPECTRA ENERGY GROUP LTD (REGISTERED NUMBER: 13478578)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024

1. STATUTORY INFORMATION

Spectra Energy Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

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 2 (2023 - 2 ) .

SPECTRA ENERGY GROUP LTD (REGISTERED NUMBER: 13478578)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JUNE 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.6.24 29.6.23
£    £   
Trade debtors 342,929 -
Other debtors - 17,892
Directors current account 5,964 -
Prepayments 2,052 -
350,945 17,892

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.6.24 29.6.23
£    £   
Trade creditors 201,404 -
Tax 32,799 7,291
Social security and other taxes 12,431 2,243
VAT 22,141 5,321
Other creditors 10,223 78,975
Directors current account - 15,186
Accrued expenses 5,001 1,001
283,999 110,017

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Wilcock.