SPRYDON DESIGNS LTD

Company Registration Number:
06480991 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

SPRYDON DESIGNS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2025

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SPRYDON DESIGNS LTD

Company Information

for the Period Ended 31 January 2025




Director: Claire Irene Harding
Richard John Harding
Secretary: Claire Irene Harding
Registered office: Stoneleigh, North Cadbury
Yeovil
Somerset
BA22 7DJ
Company Registration Number: 06480991 (England and Wales)

SPRYDON DESIGNS LTD

Balance sheet

As at 31 January 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 199,954 200,354
Total fixed assets: 199,954 200,354
Current assets
Debtors: 3,747 3,491
Cash at bank and in hand: 44,414 37,427
Total current assets: 48,161 40,918
Creditors: amounts falling due within one year: ( 3,533 ) ( 2,999 )
Net current assets (liabilities): 44,628 37,919
Total assets less current liabilities: 244,582 238,273
Provision for liabilities: ( 8,609 ) ( 8,685 )
Total net assets (liabilities): 235,973 229,588

The notes form part of these financial statements

SPRYDON DESIGNS LTD

Balance sheet continued

As at 31 January 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 5 42,935 42,935
Profit and loss account: 192,938 186,553
Shareholders funds: 235,973 229,588

For the year ending 31 January 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 August 2025
And Signed On Behalf Of The Board By:

Name: Claire Irene Harding
Status: Director

Name: Richard John Harding
Status: Director

The notes form part of these financial statements

SPRYDON DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents the value of services provided under contracts in the ordinary course of the company's activities to the extent that there is a right to consideration and is recorded at the value of the consideration due, net of VAT.

    Property rental income earned from the company's investment property is recognised in the period to which it relates.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:


    Fixtures and fittings

    Computer equipment

    15 % reducing balance

    3 years straight line

    Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

    The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

    Valuation information and policy

    Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

    The fair value is determined annually by the directors, on an open market value for existing use basis.

SPRYDON DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 2 2

SPRYDON DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 3. Off balance sheet disclosure

    No

SPRYDON DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Tangible Assets

Total
Cost £
At 01 February 2024 214,457
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2025 214,457
Depreciation
At 01 February 2024 14,103
Charge for year 400
On disposals -
Other adjustments -
At 31 January 2025 14,503
Net book value
At 31 January 2025 199,954
At 31 January 2024 200,354

SPRYDON DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Revaluation reserve


2025
£
Balance at 01 February 2024 42,935
Surplus or deficit after revaluation 0
Balance at 31 January 2025 42,935

SPRYDON DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

6.1. Loans to Directors

Name of director receiving advance or credit: Claire Irene Harding
Description of the transaction:
Loan to director
Balance at 01 February 2024 ( 139 )
Advances or credits made: 20,109
Advances or credits repaid: 20,000
Balance at 31 January 2025 ( 30 )