SPEP LIMITED

Company Registration Number:
07251691 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

SPEP LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

SPEP LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 6,049,827 5,451,765
Total fixed assets: 6,049,827 5,451,765
Current assets
Debtors:   1,117,005 223,195
Cash at bank and in hand: 0 181
Total current assets: 1,117,005 223,376
Creditors: amounts falling due within one year:   (3,463,608) (3,701,721)
Net current assets (liabilities): (2,346,603) (3,478,345)
Total assets less current liabilities: 3,703,224 1,973,420
Provision for liabilities: (657,184) (657,184)
Total net assets (liabilities): 3,046,040 1,316,236
Capital and reserves
Called up share capital: 2 2
Revaluation reserve:4944,9900
Profit and loss account: 2,101,048 1,316,234
Shareholders funds: 3,046,040 1,316,236

The notes form part of these financial statements

SPEP LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 May 2025
and signed on behalf of the board by:

Name: Roland Duce
Status: Director

The notes form part of these financial statements

SPEP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SPEP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

SPEP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 9,051,718
Revaluations 944,990
At 30 June 2024 9,996,708
Depreciation
At 01 July 2023 3,599,953
Charge for year 346,928
At 30 June 2024 3,946,881
Net book value
At 30 June 2024 6,049,827
At 30 June 2023 5,451,765

SPEP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Revaluation reserve

2024
£
Balance at 01 July 2023 0
Surplus or deficit after revaluation 944,990
Balance at 30 June 2024 944,990