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Company Registration No. 11149600 (England and Wales)
Spring GM Ltd Unaudited accounts for the year ended 30 April 2025
Spring GM Ltd Unaudited accounts Contents
Page
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Spring GM Ltd Company Information for the year ended 30 April 2025
Directors
D J Tillman J L Tillman
Company Number
11149600 (England and Wales)
Registered Office
16 Bainbridge Drive Tiptree Colchester Essex CO5 0BP
Accountants
C. J. Coates & Co. 16 Bainbridge Drive Tiptree Colchester Essex CO5 0BP
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Spring GM Ltd Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,562 
44,059 
Current assets
Inventories
474 
603 
Debtors
57,340 
46,112 
Cash at bank and in hand
1,606 
865 
59,420 
47,580 
Creditors: amounts falling due within one year
(84,069)
(70,254)
Net current liabilities
(24,649)
(22,674)
Total assets less current liabilities
13,913 
21,385 
Creditors: amounts falling due after more than one year
(1,746)
(10,359)
Net assets
12,167 
11,026 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,067 
10,926 
Shareholders' funds
12,167 
11,026 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by
D J Tillman Director Company Registration No. 11149600
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Spring GM Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Spring GM Ltd is a private company, limited by shares, registered in England and Wales, registration number 11149600. The registered office is 16 Bainbridge Drive, Tiptree, Colchester, Essex, CO5 0BP.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2024
112,801 
24,991 
137,792 
Additions
- 
14,006 
14,006 
Disposals
(19,750)
- 
(19,750)
At 30 April 2025
93,051 
38,997 
132,048 
Depreciation
At 1 May 2024
76,649 
17,084 
93,733 
Charge for the year
7,376 
5,478 
12,854 
On disposals
(13,101)
- 
(13,101)
At 30 April 2025
70,924 
22,562 
93,486 
Net book value
At 30 April 2025
22,127 
16,435 
38,562 
At 30 April 2024
36,152 
7,907 
44,059 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,850 
8,365 
Other debtors
42,490 
37,747 
57,340 
46,112 
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Spring GM Ltd Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
14,326 
5,220 
VAT
13,110 
10,061 
Obligations under finance leases and hire purchase contracts
9,432 
5,028 
Trade creditors
2,635 
3,947 
Taxes and social security
15,227 
10,339 
Other creditors
27,689 
34,009 
Accruals
1,650 
1,650 
84,069 
70,254 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,746 
6,310 
Obligations under finance leases and hire purchase contracts
- 
4,049 
1,746 
10,359 
8
Operating lease commitments
2025 
2024 
£ 
£ 
At 30 April 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
5,314 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D J Tillman
Advances & credits
33,841 
46,724 
50,000 
30,565 
33,841 
46,724 
50,000 
30,565 
Interest has been charged on the above balances at a rate of 6.0% during the year.
10
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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