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REGISTERED NUMBER: 01769751 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025

FOR

SPENFLEX LIMITED

SPENFLEX LIMITED (REGISTERED NUMBER: 01769751)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

SPENFLEX LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30TH APRIL 2025

| DIRECTORS: | Miss J Shah

| Mrs B Evans

| SECRETARY: | Miss J Shah

| REGISTERED OFFICE: | 8 Greystoke Lodge

| Hanger Lane

| London

| W5 1EW

| REGISTERED NUMBER: | 01769751 (England and Wales)

SPENFLEX LIMITED (REGISTERED NUMBER: 01769751)

BALANCE SHEET

30TH APRIL 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 347 |  | 462 |  |

Investment property | 5 | 240,000 |  | 480,000 |  |

240,347 |  | 480,462 |  |

CURRENT ASSETS

Debtors | 6 | 326 |  | 3,010 |  |

Cash at bank | 624,143 |  | 502,531 |  |

624,469 |  | 505,541 |  |

CREDITORS

Amounts falling due within one year | 7 | 209,806 |  | 256,373 |  |

NET CURRENT ASSETS | 414,663 |  | 249,168 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 655,010 |  | 729,630 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 25,000 |  | 25,000 |  |

Fair value reserve | 191,501 |  | 382,569 |  |

Retained earnings | 438,509 |  | 322,061 |  |

SHAREHOLDERS' FUNDS | 655,010 |  | 729,630 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 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 12th September 2025 and were signed on its behalf by:

Miss J Shah - Director

SPENFLEX LIMITED (REGISTERED NUMBER: 01769751)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

1. | STATUTORY INFORMATION

| Spenflex Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 01769751 and registered office address is 8 Greystoke Lodge, Hanger Lane, London, W5 1EW.

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.

| 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 reducing balance

| 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.

| Deferred tax is recognised on revaluations when there is a binding agreement to sell the property as at the balance sheet date.

| 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.

| Rental income

| Rental income, comprising income from properties, is recognised on a straight line basis over the term of the lease or rental agreement.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1st May 2024

| and 30th April 2025 | 2,573 |  |

| DEPRECIATION

| At 1st May 2024 | 2,111 |  |

| Charge for year | 115 |  |

| At 30th April 2025 | 2,226 |  |

| NET BOOK VALUE

| At 30th April 2025 | 347 |  |

| At 30th April 2024 | 462 |  |

SPENFLEX LIMITED (REGISTERED NUMBER: 01769751)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH APRIL 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st May 2024 | 480,000 |  |

| Disposals | (240,000 | ) |

| At 30th April 2025 | 240,000 |  |

| NET BOOK VALUE

| At 30th April 2025 | 240,000 |  |

| At 30th April 2024 | 480,000 |  |

| Fair value at 30th April 2025 is represented by:

£ |

| Valuation in 2010 | 126,500 |  |

| Valuation in 2012 | 25,000 |  |

| Valuation in 2013 | 15,000 |  |

| Valuation in 2014 | 30,000 |  |

| Valuation in 2016 | 30,000 |  |

| Valuation in 2018 | (10,000 | ) |

| Valuation in 2019 | (2,500 | ) |

| Valuation in 2022 | (32,500 | ) |

| Valuation in 2024 | 10,000 |  |

| Cost | 48,500 |  |

240,000 |  |

| Investment properties were valued on an open market basis on 30th April 2025 by the Directors .

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 326 |  | 3,010 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 21,000 |  | 15,558 |  |

| Other creditors | 188,806 |  | 240,815 |  |

209,806 |  | 256,373 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 25,000 | Ordinary | £1 | 25,000 |  | 25,000 |  |

9. | RELATED PARTY DISCLOSURES

| At the year-end amount due to Mrs. J. Shah, Director and Shareholder of the company was £185,043 (2024: £235,043)

SPENFLEX LIMITED (REGISTERED NUMBER: 01769751)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH APRIL 2025

10. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party at the end of the year was Miss J Shah, the director and majority shareholder.