REGISTERED NUMBER: 08479082 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

S&P CAPITAL INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

C Spiteri

SECRETARY:

REGISTERED OFFICE:

113-116

Bute Street

Cardiff

CF10 5EQ

REGISTERED NUMBER:

08479082 (England and Wales)

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

FIXED ASSETS

Intangible assets

4

10,000

10,000

Tangible assets

5

2,314,428

2,324,428

2,324,428

2,334,428

CURRENT ASSETS

Debtors

6

893,437

943,924

Cash at bank

510

1,040

893,947

944,964

CREDITORS

Amounts falling due within one year

7

(86,794

)

(103,725

)

NET CURRENT ASSETS

807,153

841,239

TOTAL ASSETS LESS CURRENT LIABILITIES

3,131,581

3,175,667

CREDITORS

Amounts falling due after more than one year

8

(905,929

)

(943,029

)

NET ASSETS

2,225,652

2,232,638

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

1,892,047

1,892,047

Retained earnings

333,505

340,491

SHAREHOLDERS' FUNDS

2,225,652

2,232,638

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 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.

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 director and authorised for issue on 25 September 2025 and were signed by:

C Spiteri - Director

1.	STATUTORY INFORMATION

S&P Capital Investments 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

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 1 (2023 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

10,000

NET BOOK VALUE

At 31 December 2024

10,000

At 31 December 2023

10,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2024

and 31 December 2024

2,250,000

125,089

2,375,089

DEPRECIATION

At 1 January 2024

-

50,661

50,661

Charge for year

-

10,000

10,000

At 31 December 2024

-

60,661

60,661

NET BOOK VALUE

At 31 December 2024

2,250,000

64,428

2,314,428

At 31 December 2023

2,250,000

74,428

2,324,428

Cost or valuation at 31 December 2024 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2014

1,242,047

-

1,242,047

Valuation in 2016

357,953

-

357,953

Valuation in 2017

80,000

-

80,000

Valuation in 2020

570,000

-

570,000

Cost

-

125,089

125,089

2,250,000

125,089

2,375,089

If Freehold property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

357,953

357,953

Freehold property was valued on an open market basis on 31 January 2014 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

7,142

9,270

Due from associate co.

886,295

934,654

893,437

943,924

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

43,640

48,441

Trade creditors

35,542

22,892

Tax

4,612

29,692

Accrued expenses

3,000

2,700

86,794

103,725

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans more 5 yr by instal

905,929

943,029

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

905,929

943,029

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

1,892,047

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S&P Capital Investments Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of S&P Capital Investments Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of S&P Capital Investments Limited and state those matters that we have agreed to state to the director of S&P Capital Investments Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S&P Capital Investments Limited and its director for our work or for this report.

It is your duty to ensure that S&P Capital Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of S&P Capital Investments Limited. You consider that S&P Capital Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of S&P Capital Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

25 September 2025