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REGISTERED NUMBER: 01551538 (England and Wales)















SPARTAL LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025






SPARTAL LIMITED (REGISTERED NUMBER: 01551538)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPARTAL LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTOR: R G Evans





SECRETARY: R G Evans





REGISTERED OFFICE: Unit 68
Northwick Business Centre
Blockley
Gloucestershire
GL56 9RF





REGISTERED NUMBER: 01551538 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

SPARTAL LIMITED (REGISTERED NUMBER: 01551538)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 201,536 210,941

CURRENT ASSETS
Stocks 200,186 305,267
Debtors 5 491,833 533,343
Cash at bank and in hand 125,346 66,164
817,365 904,774
CREDITORS
Amounts falling due within one year 6 406,120 549,369
NET CURRENT ASSETS 411,245 355,405
TOTAL ASSETS LESS CURRENT
LIABILITIES

612,781

566,346

CREDITORS
Amounts falling due after more than one
year

7

(5,000

)

(35,737

)

PROVISIONS FOR LIABILITIES (50,384 ) (52,735 )
NET ASSETS 557,397 477,874

CAPITAL AND RESERVES
Called up share capital 2,700 2,700
Share premium 400 400
Retained earnings 554,297 474,774
SHAREHOLDERS' FUNDS 557,397 477,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

SPARTAL LIMITED (REGISTERED NUMBER: 01551538)

Balance Sheet - continued
31 March 2025


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 24 June 2025 and were signed by:





R G Evans - Director


SPARTAL LIMITED (REGISTERED NUMBER: 01551538)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Spartal 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 (£).


The company's principal activity is that of the production of drawn aluminium tubes.

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.

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.
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated compared with its carrying amount.If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss account.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


SPARTAL LIMITED (REGISTERED NUMBER: 01551538)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 6,305 491,155 11,099 29,374 537,933
Additions - 13,777 - 679 14,456
At 31 March 2025 6,305 504,932 11,099 30,053 552,389
DEPRECIATION
At 1 April 2024 6,305 293,407 1,544 25,736 326,992
Charge for year - 19,870 2,697 1,294 23,861
At 31 March 2025 6,305 313,277 4,241 27,030 350,853
NET BOOK VALUE
At 31 March 2025 - 191,655 6,858 3,023 201,536
At 31 March 2024 - 197,748 9,555 3,638 210,941

SPARTAL LIMITED (REGISTERED NUMBER: 01551538)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS - continued

The net book value of tangible fixed assets includes £ 9,375 (2024 - £ 10,580 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 373,424 411,448
Directors' current accounts - 24,528
Prepayments 118,409 97,367
491,833 533,343

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 30,000 30,000
Hire purchase contracts 738 4,423
Trade creditors 225,679 283,749
Social security and other taxes 131,597 141,123
Other creditors 1,669 1,898
Invoice finance liability - 76,551
Accrued expenses 16,437 11,625
406,120 549,369

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 1-2 years 5,000 30,000
Bank loans - 2-5 years - 5,000
Hire purchase contracts - 737
5,000 35,737

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 738 5,160
Invoice finance liability - 76,551
738 81,711

The invoice finance liability is secured against the debtor book of the company.

SPARTAL LIMITED (REGISTERED NUMBER: 01551538)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
R G Evans
Balance outstanding at start of year 24,528 (472 )
Amounts advanced 426 25,000
Amounts repaid (24,954 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 24,528