REGISTERED NUMBER: 01769751 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025

FOR

SPENFLEX LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

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)

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

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

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

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)

10.	ULTIMATE CONTROLLING PARTY