ACCOUNTT - Pages for filing

Registered number: 13392748 (England & Wales)

	SPINK HIGHWOOD LIMITED
	DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 APRIL 2025
	Pages for Filing with Registrar


SPINK HIGHWOOD LIMITED

CONTENTS

	Page
Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 - 5


SPINK HIGHWOOD LIMITED

COMPANY INFORMATION

Director	Michael Spink


Registered number	13392748


Registered office	40 Queen Anne Street
	London
	W1G 9EL


Accountants	Lewis Golden LLP
	40 Queen Anne Street
	London
	W1G 9EL

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Registered number: 13392748 (England & Wales) SPINK HIGHWOOD LIMITED

BALANCE SHEET

AS AT 30 APRIL 2025

		2025		2024
Note		£		£

Fixed assets
Tangible fixed assets	4		27,928,568		14,343,053
Current assets
Debtors	5	-		43,093
Creditors: amounts falling due within one year	6	(1,054,429)		(4,500)
Net current (liabilities)/assets			(1,054,429)		38,593
Total assets less current liabilities			26,874,139		14,381,646

Net assets			26,874,139		14,381,646

Capital and reserves
Called up share capital	8	5	3
Share premium account		26,899,996	14,399,998
Profit and loss account		(25,862)	(18,355)
		26,874,139	14,381,646

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the Director's Report and Profit and Loss Account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the director:

Michael Spink

Director

Date: 22 October 2025

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

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SPINK HIGHWOOD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Spink Highwood Limited is a private company limited by share capital, incorporated in England & Wales, registered number 13392748. The address of the registered office is 40 Queen Anne Street, London W1G 9EL.

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 Section 1A - Small Entities of Financial Reporting Standard 102, the 'Financial Reporting Standard applicable in the UK and the Republic of Ireland' ('FRS 102') and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis. The shareholder has provided notice that they will support the operational needs of the company for a period of at least twelve months from the date of approval of the financial statements, in order to allow the company to meet its liabilities as and when they fall due unless circumstances change in a manner such that it would or might no longer be open to them to provide such financial support.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

No depreciation is charged on freehold property.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and Loss Account.

2.4

Debtors

Short-term debtors are measured at the transaction price, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price.

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SPINK HIGHWOOD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Employees

The average monthly number of employees, including the director, during the year was 1 (2024 - 1).

4.	Tangible fixed assets

		Freehold property
		£
	Cost
	At 1 May 2024	14,343,053
	Additions	13,585,515
	At 30 April 2025	27,928,568

	Net book value
	At 30 April 2025	27,928,568
	At 30 April 2024	14,343,053

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	-	43,093

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SPINK HIGHWOOD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

6.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	1,049,929	-
Other creditors	4,500	4,500
	1,054,429	4,500

7.	Capital commitments

At the balance sheet date the company had identified capital commitments amounting to £7,457,828 (2024 as restated - £22,073,482). The prior year has been restated by £21,961,640 for amounts due in relation to the construction of the freehold property.

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

5 (2024 - 3) Ordinary shares of £1.00 each	5	3

9.	Share sale agreement

The company's parent has entered into an agreement to sell the shares of the company with a target date of 27 February 2026, though the agreement may be extended. The purchaser holds a charge over the shares of the company.

10.	Related party transactions
	The company has taken advantage of the exemption provided by FRS 102 Section 1A from disclosing transactions with members of the same group that are wholly owned. The company is not required to disclose transactions with entities under common ownership, in accordance with FRS 102, Section 1A.

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