IRIS Accounts Production v24.3.0.553 09223027 director 1.5.23 30.4.24 30.4.24 8/1/25 0 0 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092230272023-04-30092230272024-04-30092230272023-05-012024-04-30092230272022-04-30092230272022-05-012023-04-30092230272023-04-3009223027ns15:EnglandWales2023-05-012024-04-3009223027ns14:PoundSterling2023-05-012024-04-3009223027ns10:Director12023-05-012024-04-3009223027ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009223027ns10:SmallEntities2023-05-012024-04-3009223027ns10:Audited2023-05-012024-04-3009223027ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009223027ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009223027ns10:FullAccounts2023-05-012024-04-3009223027ns10:OrdinaryShareClass12023-05-012024-04-3009223027ns10:RegisteredOffice2023-05-012024-04-3009223027ns5:CurrentFinancialInstruments2024-04-3009223027ns5:CurrentFinancialInstruments2023-04-3009223027ns5:ShareCapital2024-04-3009223027ns5:ShareCapital2023-04-3009223027ns5:RetainedEarningsAccumulatedLosses2024-04-3009223027ns5:RetainedEarningsAccumulatedLosses2023-04-3009223027ns5:MotorVehicles2023-05-012024-04-3009223027ns5:MotorVehicles2023-04-3009223027ns5:MotorVehicles2024-04-3009223027ns5:MotorVehicles2023-04-3009223027ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3009223027ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3009223027ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-3009223027ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3009223027ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 09223027 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

SPECTRUM CONSTRUCTION (SPECIAL PROJECTS)
LIMITED

SPECTRUM CONSTRUCTION (SPECIAL PROJECTS)
LIMITED (REGISTERED NUMBER: 09223027)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SPECTRUM CONSTRUCTION (SPECIAL PROJECTS)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: A S Wood





REGISTERED OFFICE: 5 The Quadrant
Coventry
West Midlands
CV5 6ET





REGISTERED NUMBER: 09223027 (England and Wales)





AUDITORS: Flint & Thompson
Statutory Auditors
2 Manor Square
Solihull
West Midlands
B91 3PX

SPECTRUM CONSTRUCTION (SPECIAL PROJECTS)
LIMITED (REGISTERED NUMBER: 09223027)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,129 10,740

CURRENT ASSETS
Cash at bank 38 38

CREDITORS
Amounts falling due within one year 5 55,075 53,343
NET CURRENT LIABILITIES (55,037 ) (53,305 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(45,908

)

(42,565

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings (46,008 ) (42,665 )
SHAREHOLDERS' FUNDS (45,908 ) (42,565 )

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 8 January 2025 and were signed by:





A S Wood - Director


SPECTRUM CONSTRUCTION (SPECIAL PROJECTS)
LIMITED (REGISTERED NUMBER: 09223027)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Spectrum Construction (Special Projects) Limited 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.

The financial statements have been prepared on a going concern basis as the company has been supported by its group companies and have indicated that they will support the company going forward as required.

Name of the parent of group
The parent of the smallest group preparing consolidated financial statements is Tower Holdings Limited. The registered office of Tower Holdings Limited is 5 The Quadrant, Coventry, CV1 2EL.

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.
Motor vehicles - 15% reducing balance

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.

SPECTRUM CONSTRUCTION (SPECIAL PROJECTS)
LIMITED (REGISTERED NUMBER: 09223027)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 May 2023
and 30 April 2024 30,540
DEPRECIATION
At 1 May 2023 19,800
Charge for year 1,611
At 30 April 2024 21,411
NET BOOK VALUE
At 30 April 2024 9,129
At 30 April 2023 10,740

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 May 2023
and 30 April 2024 30,540
DEPRECIATION
At 1 May 2023 19,800
Charge for year 1,611
At 30 April 2024 21,411
NET BOOK VALUE
At 30 April 2024 9,129
At 30 April 2023 10,740

SPECTRUM CONSTRUCTION (SPECIAL PROJECTS)
LIMITED (REGISTERED NUMBER: 09223027)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 50,324 30,341
Taxation and social security 1,709 20,032
Other creditors 3,042 2,970
55,075 53,343

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Peter Georgiades (Senior Statutory Auditor)
for and on behalf of Flint & Thompson

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Tower Holdings Limited.