REGISTERED NUMBER: 06954293 (England and Wales)

Spelta Design Limited

Unaudited Financial Statements

for the Year Ended 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

F Spelta

REGISTERED OFFICE:

128 City Rd

London

EC1V 2NX

REGISTERED NUMBER:

06954293 (England and Wales)

ACCOUNTANTS:

Simon Hart FCCA

Hart Wright Accounting

Chartered Certified Accountants

24 Hall Drive

Sutton In Craven

North Yorkshire

BD20 7NH

FIXED ASSETS

Tangible assets

4

17,000

25,499

CURRENT ASSETS

Debtors

5

3,760

7,145

Cash at bank

31,771

25,928

35,531

33,073

CREDITORS

Amounts falling due within one year

6

(21,116

)

(23,449

)

NET CURRENT ASSETS

14,415

9,624

TOTAL ASSETS LESS CURRENT LIABILITIES

31,415

35,123

CREDITORS

Amounts falling due after more than one year

7

(18,386

)

(25,701

)

NET ASSETS

13,029

9,422

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

12,929

9,322

SHAREHOLDERS' FUNDS

13,029

9,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 October 2025 and were signed by:

F Spelta - Director

1.	STATUTORY INFORMATION

Spelta Design 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.

Turnover

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

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

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

42,395

DEPRECIATION

At 1 August 2024

16,896

Charge for year

8,499

At 31 July 2025

25,395

NET BOOK VALUE

At 31 July 2025

17,000

At 31 July 2024

25,499

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,760

7,145

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

(1

)

Taxation and social security

20,204

22,492

Other creditors

912

958

21,116

23,449

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

16,000

20,000

Other creditors

2,386

5,701

18,386

25,701

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

BBLS

-

5,701

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from the Santander Bank in the year.