Spur and West Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08906196

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,940		2,922

			2,940		2,922
CURRENT ASSETS
Stocks	5	-		350,000
Debtors	6	69,664		88,264
Cash at bank and in hand		3,119		28,252

		72,783		466,516
Creditors: Amounts Falling Due Within One Year	7	(290,079 )		(294,747 )

NET CURRENT ASSETS (LIABILITIES)			(217,296 )		171,769

TOTAL ASSETS LESS CURRENT LIABILITIES			(214,356 )		174,691

Creditors: Amounts Falling Due After More Than One Year	8		(10,059 )		(385,436 )

NET LIABILITIES			(224,415 )		(210,745 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(224,515 )		(210,845 )

SHAREHOLDERS' FUNDS			(224,415)		(210,745)

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Spur and West Ltd

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Neal Gohill

Director

15 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Spur and West Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08906196 . The registered office is 100 Ashby Road, Loughborough, LE11 3AF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Fixtures & Fittings	20% on reducing balance
Computer Equipment	33% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Spur and West Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 March 2024	1,000	664	6,105	7,769
Additions	-	-	916	916

As at 28 February 2025	1,000	664	7,021	8,685

Depreciation
As at 1 March 2024	-	592	4,255	4,847
Provided during the period	-	-	898	898

As at 28 February 2025	-	592	5,153	5,745

Net Book Value
As at 28 February 2025	1,000	72	1,868	2,940

As at 1 March 2024	1,000	72	1,850	2,922

5. Stocks

	2025	2024
	£	£
Work in progress	-	350,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	69,664	88,264

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	20,254	2,584
Bank loans and overdrafts	5,880	6,128
Other creditors	240,991	260,141
Taxation and social security	22,954	25,894

	290,079	294,747

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	10,059	15,436
Other creditors	-	370,000

	10,059	385,436

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Spur and West Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans from the directors:

	As at 1 March 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2025
	£	£	£	£	£
Mr Neal Gohill	(259,423 )	19,640	(812 )	-	(240,595 )

The above loan is unsecured, interest free and repayable on demand.

11. Related Party Transactions

During the year Spur and West Ltd entered into transactions on arms's length basis with Ryan Hill Limited for which Neal and Kamlesh Gohill are directors.

The trade debtor balance contains transcations with Ryan Hill Limited of £69,222 (2024 - £87,822).

12. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Gohill Holdings Limited . Gohill Holdings Limited was incorporated in England & Wales. The ultimate controlling party is Mr & Mrs Gohill .

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