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Company Registration No. 12515029 (England and Wales)
Spd Financial Ltd Unaudited accounts for the year ended 31 March 2025
Spd Financial Ltd Unaudited accounts Contents
Page
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Spd Financial Ltd Company Information for the year ended 31 March 2025
Director
Samuel Paul Dicken
Company Number
12515029 (England and Wales)
Registered Office
4 King Street Spennymoor County Durham DL166QG United Kingdom
Accountants
Fresh Business Solutions Limited 4 King Street Spennymoor Durham DL16 6QG
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Spd Financial Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,500 
1,500 
Tangible assets
514 
596 
2,014 
2,096 
Current assets
Cash at bank and in hand
4,876 
(441)
Creditors: amounts falling due within one year
(6,890)
(1,555)
Net current liabilities
(2,014)
(1,996)
Net assets
- 
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(100)
- 
Shareholders' funds
- 
100 
For the year ending 31 March 2025 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 10 April 2025 and were signed on its behalf by
Samuel Paul Dicken Director Company Registration No. 12515029
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Spd Financial Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Spd Financial Ltd is a private company, limited by shares, registered in England and Wales, registration number 12515029. The registered office is 4 King Street, Spennymoor, County Durham, DL166QG, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
15% RB
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2024
1,500 
At 31 March 2025
1,500 
Amortisation
At 1 April 2024
- 
At 31 March 2025
- 
Net book value
At 31 March 2025
1,500 
At 31 March 2024
1,500 
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Spd Financial Ltd Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
779 
At 31 March 2025
779 
Depreciation
At 1 April 2024
183 
Charge for the year
82 
At 31 March 2025
265 
Net book value
At 31 March 2025
514 
At 31 March 2024
596 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
573 
Taxes and social security
1,819 
2,421 
Other creditors
14,824 
6,570 
Loans from directors
(9,753)
(8,009)
6,890 
1,555 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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