G & J SPENDLOVE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
G & J SPENDLOVE LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF G & J SPENDLOVE LTD FOR THE YEAR ENDED 31 MAY 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G & J Spendlove Ltd for the year ended 31 May 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of G & J Spendlove Ltd, as a body, in accordance with the terms of our engagement letter dated 11 May 2018. Our work has been undertaken solely to prepare for your approval the financial statements of G & J Spendlove Ltd and state those matters that we have agreed to state to the board of directors of G & J Spendlove Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G & J Spendlove Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that G & J Spendlove Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that G & J Spendlove Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of G & J Spendlove Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Argents Accountants Limited
17 February 2025
Chartered Accountants
15 Palace Street
NORWICH
Norfolk
United Kingdom
NR3 1RT
G & J SPENDLOVE LTD
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
390,254
432,564
Current assets
203,325
130,060
Prepayments and accrued income
3,460
2,304
Creditors: amounts falling due within one year
(102,032)
(98,299)
Net current assets
104,753
34,065
Total assets less current liabilities
495,007
466,629
Creditors: amounts falling due after more than one year
(27,018)
(59,223)
Net assets
467,989
407,406
Capital and reserves
467,989
407,406
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
5
5

G & J Spendlove Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 15 Palace Street, NORWICH, Norfolk, United Kingdom, NR3 1RT.

For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

G & J SPENDLOVE LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
31 May 2024
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 17 February 2025 and are signed on its behalf by:
Mr G Spendlove
Director
Company Registration Number 04763249
G & J SPENDLOVE LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
31 May 2024
- 4 -
1
Tangible fixed assets
Tenant Improvements
Plant and equipment
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 June 2023
27,878
733,678
1,977
22,085
785,618
Additions
-
0
25,775
536
-
0
26,311
At 31 May 2024
27,878
759,453
2,513
22,085
811,929
Depreciation and impairment
At 1 June 2023
1,577
329,991
1,581
19,905
353,054
Depreciation charged in the year
1,393
67,067
161
-
0
68,621
At 31 May 2024
2,970
397,058
1,742
19,905
421,675
Carrying amount
At 31 May 2024
24,908
362,395
771
2,180
390,254
At 31 May 2023
26,301
403,687
396
2,180
432,564
2024-05-312023-06-01falseCCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr G SpendloveMrs J Spendlovefalsefalse047632492023-06-012024-05-31047632492024-05-31047632492023-05-3104763249core:CurrentFinancialInstrumentscore:WithinOneYear2024-05-3104763249core:CurrentFinancialInstrumentscore:WithinOneYear2023-05-3104763249core:Non-currentFinancialInstruments2024-05-3104763249core:Non-currentFinancialInstruments2023-05-31047632492022-06-012023-05-3104763249bus:Director12023-06-012024-05-3104763249core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-05-3104763249core:PlantMachinery2023-05-3104763249core:ComputerEquipment2023-05-3104763249core:MotorVehicles2023-05-31047632492023-05-3104763249core:LandBuildingscore:LeasedAssetsHeldAsLessee2024-05-3104763249core:PlantMachinery2024-05-3104763249core:ComputerEquipment2024-05-3104763249core:MotorVehicles2024-05-3104763249core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-06-012024-05-3104763249core:PlantMachinery2023-06-012024-05-3104763249core:ComputerEquipment2023-06-012024-05-3104763249core:MotorVehicles2023-06-012024-05-3104763249core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-05-3104763249core:PlantMachinery2023-05-3104763249core:ComputerEquipment2023-05-3104763249core:MotorVehicles2023-05-3104763249bus:PrivateLimitedCompanyLtd2023-06-012024-05-3104763249bus:SmallCompaniesRegimeForAccounts2023-06-012024-05-3104763249bus:Micro-entities2023-06-012024-05-3104763249bus:AuditExemptWithAccountantsReport2023-06-012024-05-3104763249bus:Director22023-06-012024-05-3104763249bus:FullAccounts2023-06-012024-05-31xbrli:purexbrli:sharesiso4217:GBP