SPRINGFIELD (BATH) LIMITED

Company Registration Number:
06896961 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

SPRINGFIELD (BATH) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

SPRINGFIELD (BATH) LIMITED

Balance sheet

As at 31 March 2025


Notes

2025

2024


£

£
Fixed assets
Tangible assets: 3 16,055 20,122
Total fixed assets: 16,055 20,122
Current assets
Stocks: 525 495
Debtors:   14,519 26,801
Cash at bank and in hand: 610,251 601,125
Total current assets: 625,295 628,421
Creditors: amounts falling due within one year: 4 (114,338) (131,687)
Net current assets (liabilities): 510,957 496,734
Total assets less current liabilities: 527,012 516,856
Total net assets (liabilities): 527,012 516,856
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 526,912 516,756
Shareholders funds: 527,012 516,856

The notes form part of these financial statements

SPRINGFIELD (BATH) LIMITED

Balance sheet statements

For the year ending 31 March 2025 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 20 August 2025
and signed on behalf of the board by:

Name: J Phillips
Status: Director

The notes form part of these financial statements

SPRINGFIELD (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings fixtures and equipment - 20% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates. Impairment A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

SPRINGFIELD (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 42 42

SPRINGFIELD (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 310,535
At 31 March 2025 310,535
Depreciation
At 01 April 2024 290,413
Charge for year 4,067
At 31 March 2025 294,480
Net book value
At 31 March 2025 16,055
At 31 March 2024 20,122

SPRINGFIELD (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

Creditors: amounts falling due within one year 2025 2024 £ £ Trade creditors 27,564 21,006 Corporation tax 37,742 61,737 Social security and other taxes 17,479 23,597 Other creditors 31,553 25,347 114,338 131,687

SPRINGFIELD (BATH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Related party transactions

Name of the related party: Mrs J Phillips
Relationship:
owner of trading property
Description of the Transaction: Rent During the year the company entered into the following transactions with related parties: Transaction value 2025 2024 £ £ Mrs J M Phillips 310,000 300,000
£
Balance at 01 April 2024 0
Balance at 31 March 2025 0