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REGISTERED NUMBER: 14110415 (England and Wales)















SPH GROUP LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2024






SPH GROUP LTD (REGISTERED NUMBER: 14110415)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPH GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTOR: S Harris





REGISTERED OFFICE: Unit 35 Leeway Industrial Estate
Newport
NP19 4SL





REGISTERED NUMBER: 14110415 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

SPH GROUP LTD (REGISTERED NUMBER: 14110415)

BALANCE SHEET
31ST MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 122,050 122,050

CURRENT ASSETS
Stocks 6,800 -
Cash at bank 20,973 8,975
27,773 8,975
CREDITORS
Amounts falling due within one year 5 127,774 110,488
NET CURRENT LIABILITIES (100,001 ) (101,513 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,049

20,537

CAPITAL AND RESERVES
Called up share capital 6 22,050 22,050
Retained earnings (1 ) (1,513 )
SHAREHOLDERS' FUNDS 22,049 20,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 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.

SPH GROUP LTD (REGISTERED NUMBER: 14110415)

BALANCE SHEET - continued
31ST MAY 2024


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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 17th July 2025 and were signed by:





S Harris - Director


SPH GROUP LTD (REGISTERED NUMBER: 14110415)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024

1. STATUTORY INFORMATION

SPH Group Ltd 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.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

SPH GROUP LTD (REGISTERED NUMBER: 14110415)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st June 2023
and 31st May 2024 122,050
NET BOOK VALUE
At 31st May 2024 122,050
At 31st May 2023 122,050

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,591 -
Corporation Tax 24,012 8,397
Other creditors 100,500 100,500
Accruals and deferred income 1,671 1,591
127,774 110,488

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
22,050 Ordinary £1 22,050 22,050

7. RELATED PARTY DISCLOSURES

At the year end the company owed £100,500 (£75,500 - 2023) to Jelthat Limited. Jelthat Limited is a subsidiary of the company in which S Harris is Director.