Spa Buildings (Harrogate) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09384411

SPA BUILDINGS (HARROGATE) LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

29 January 2025

SPA BUILDINGS (HARROGATE) LIMITED

STATEMENT OF FINANCIAL POSITION

29 January 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	4	2,587,924	2,587,924
Investments	5	215,000	90,000
		------------	------------
		2,802,924	2,677,924

CURRENT ASSETS

Debtors	6	922,850	1,334,925
Cash at bank and in hand		3,877,998	2,736,157
		------------	------------
		4,800,848	4,071,082

CREDITORS: amounts falling due within one year	7	( 4,824,720)		( 4,080,643)
		------------		------------
NET CURRENT LIABILITIES			( 23,872)		( 9,561)
			------------		------------
TOTAL ASSETS LESS CURRENT LIABILITIES			2,779,052		2,668,363

CREDITORS: amounts falling due after more than one year	8	( 1,854,400)	( 1,844,427)
		------------	------------
NET ASSETS		924,652	823,936
		------------	------------

CAPITAL AND RESERVES

Called up share capital	2	2
Profit and loss account	924,650	823,934
	---------	---------
SHAREHOLDERS FUNDS	924,652	823,936
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 29 January 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

SPA BUILDINGS (HARROGATE) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

29 January 2025

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

C A Moran

Director

Company registration number: 09384411

SPA BUILDINGS (HARROGATE) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 29 JANUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, West Yorkshire, LS1 4DJ.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of rents and services supplied, inclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. TANGIBLE ASSETS

	Investment property
	£
Cost
At 30 January 2024 and 29 January 2025	2,587,924
	------------
Depreciation
At 30 January 2024 and 29 January 2025	–
	------------
Carrying amount
At 29 January 2025	2,587,924
	------------
At 29 January 2024	2,587,924
	------------

5. INVESTMENTS

	Shares in participating interests
	£
Cost
At 30 January 2024	90,000
Additions	125,000
	---------
At 29 January 2025	215,000
	---------
Impairment
At 30 January 2024 and 29 January 2025	–
	---------

Carrying amount
At 29 January 2025	215,000
	---------
At 29 January 2024	90,000
	---------

6. DEBTORS

	2025	2024
	£	£
Other debtors	922,850	1,334,925
	---------	------------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	145,600	155,573
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	105,498
Corporation tax	50,238	59,382
Social security and other taxes	7,443	6,490
Amounts due to related companies	4,361,874	3,556,723
Other creditors	155,940	105,940
Other creditors	103,625	91,037
	------------	------------
	4,824,720	4,080,643
	------------	------------

8. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,854,400	1,844,427
	------------	------------