REGISTERED NUMBER: 11091209 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Spenton Global Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Wood

Miss J Spenton

REGISTERED OFFICE:

80a Shepard Hill

Harrold Wood

Essex

RM3 0NJ

REGISTERED NUMBER:

11091209 (England and Wales)

ACCOUNTANTS:

Vortex Accountants Limited

Top Floor

Claridon House

London Road

Stanford Le Hope

Essex

SS17 0JU

FIXED ASSETS

Investment property

4

918,000

628,538

CURRENT ASSETS

Debtors

5

381

381

Investments

6

130,000

-

Cash at bank

2,423

1,876

132,804

2,257

CREDITORS

Amounts falling due within one year

7

135,854

138,428

NET CURRENT LIABILITIES

(3,050

)

(136,171

)

TOTAL ASSETS LESS CURRENT LIABILITIES

914,950

492,367

CREDITORS

Amounts falling due after more than one year

8

(494,518

)

(494,518

)

PROVISIONS FOR LIABILITIES

(130,000

)

-

NET ASSETS/(LIABILITIES)

290,432

(2,151

)

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

289,462

-

Retained earnings

870

(2,251

)

290,432

(2,151

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:

Miss J Spenton - Director

Mr K Wood - Director

1.	STATUTORY INFORMATION

Spenton Global Limited 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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

628,538

Revaluations

289,462

At 31 December 2024

918,000

NET BOOK VALUE

At 31 December 2024

918,000

At 31 December 2023

628,538

Fair value at 31 December 2024 is represented by:

£

Valuation in 2023

628,538

Valuation in 2024

289,462

918,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

381

381

6.	CURRENT ASSET INVESTMENTS

2024

2023

£

£

Other

130,000

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1

-

Tax

732

-

Directors' current accounts

134,641

137,948

Accrued expenses

480

480

135,854

138,428

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans more 5 yrs non-inst

494,518

494,518

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

494,518

494,518