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Registrar

Registration number: 14057115

Volspec Trading Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Volspec Trading Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Volspec Trading Ltd

Company Information

Directors | A W Notley A G Read

Registered office | Woodrolfe Road Tollesbury Maldon Essex CM9 8SE

Bankers | Barclays Bank plc High Street Chelmsford Essex CM1 1BG

Accountants | Lambert Chapman LLP Chartered accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

Volspec Trading Ltd

(Registration number: 14057115)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 1,157,795 | 1,157,795
Current assets |  |  |
Cash at bank and in hand |  | 1,342 | 100,924
Creditors: Amounts falling due within one year | 5 | (463,135) | (388,910)
Net current liabilities |  | (461,793) | (287,986)
Total assets less current liabilities |  | 696,002 | 869,809
Creditors: Amounts falling due after more than one year | 5 | (28,575) | (201,555)
Net assets |  | 667,427 | 668,254
Capital and reserves |  |  |
Called up share capital | 6 | 4 | 4
Retained earnings |  | 667,423 | 668,250
Shareholders' funds |  | 667,427 | 668,254

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 September 2025 and signed on its behalf by:

A W Notley
Director

A G Read
Director

Volspec Trading Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: Woodrolfe Road, Tollesbury, Maldon, Essex, CM9 8SE.

These financial statements were authorised for issue by the Board on 27 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Volspec Trading Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 1,157,795 | 1,157,795

Subsidiaries | £
Cost or valuation
At 1 May 2024 | 1,157,795
Provision
Carrying amount
At 30 April 2025 | 1,157,795
At 30 April 2024 | 1,157,795

Volspec Trading Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Amounts owed to group undertakings | 7 | 290,155 | 215,930
Other creditors |  | 172,980 | 172,980
|  | 463,135 | 388,910

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Other creditors | 28,575 | 201,555

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 4 | 4 | 4 | 4

7 | Related party transactions

Loans from related parties

2025 | Subsidiary £ | Total £
At start of period | 215,930 | 215,930
Advanced | 219,725 | 219,725
Repaid | (145,500) | (145,500)
At end of period | 290,155 | 290,155

2024 | Subsidiary £ | Total £
Advanced | 215,930 | 215,930
At end of period | 215,930 | 215,930