REGISTERED NUMBER: 02597522 (England and Wales)

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Spring and Company Limited

Page

Report of the Directors

1

Balance Sheet

2

Notes to the Financial Statements

4

The directors present their report with the financial statements of the company for the year ended 31 January 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of management consultancy.

DIRECTORS

Mr P P Spring has held office during the whole of the period from 1 February 2024 to the date of this report.

Other changes in directors holding office are as follows:

Miss E E Spring - appointed 5 April 2024

Mr I D Robinson - appointed 5 April 2024

Mr J T Valentine - appointed 5 April 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Miss E E Spring - Director

28 October 2025

FIXED ASSETS

Tangible assets

4

4,260

2,680

CURRENT ASSETS

Stocks

381,000

462,000

Debtors

5

316,195

397,372

Cash at bank and in hand

61,287

53,435

758,482

912,807

CREDITORS

Amounts falling due within one year

6

(443,052

)

(484,232

)

NET CURRENT ASSETS

315,430

428,575

TOTAL ASSETS LESS CURRENT LIABILITIES

319,690

431,255

CREDITORS

Amounts falling due after more than one year

7

(151,167

)

(274,167

)

NET ASSETS

168,523

157,088

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

168,123

156,688

168,523

157,088

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 28 October 2025 and were signed on its behalf by:

Miss E E Spring - Director

1.	STATUTORY INFORMATION

Spring and Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02597522

Registered office:

213 Chestergate

Stockport

Cheshire

SK3 0AN

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, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

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

-

33% on reducing balance and 20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

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 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 February 2024

129,938

Additions

4,048

At 31 January 2025

133,986

DEPRECIATION

At 1 February 2024

127,258

Charge for year

2,468

At 31 January 2025

129,726

NET BOOK VALUE

At 31 January 2025

4,260

At 31 January 2024

2,680

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

217,409

279,063

Amounts owed by group undertakings

29,979

53,809

Other debtors

68,807

64,500

316,195

397,372

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

90,205

90,000

Trade creditors

220,510

208,480

Taxation and social security

69,229

110,467

Other creditors

63,108

75,285

443,052

484,232

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

34,167

124,167

Other creditors

117,000

150,000

151,167

274,167