SPECTRUM T.P. LIMITED

SPECTRUM T.P. LIMITED

Statement of Financial Position

As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets		0	0
Tangible fixed assets		22,453	28,491
		22,453	28,491
Current assets
Inventories	2	38,272	35,774
Debtors	3	9,285	9,678
Cash at bank and in hand		1,695	5,773
		49,252	51,225
Creditors: amount falling due within one year	4	(52,327)	(51,616)
Net current assets/(liabilities)		(3,075)	(391)


Total assets less current liabilities		19,378	28,100
Creditors: amount falling due after more than one year	5	(1,748)	(12,083)
Provisions for liabilities		(4,266)	(5,413)
Net assets/(liabilities)		13,364	10,604

Capital and reserves
Called up share capital		2	2
Profit and loss account		13,362	10,602
Shareholders fund		13,364	10,604

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The directors have elected not to include the profit and loss account within the financial statements.

Signed on behalf of the board of directors:

----------------------------------
Thomas John Pratt
Director

Date approved: 19 November 2025

SPECTRUM T.P. LIMITED

Notes to the Accounts

For the year ended 31 March 2025

Statutory Information

SPECTRUM T.P. LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 04538220, registration address 31-32 High Street, Wellingborough, Northamptonshire, NN8 4HL.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The accounts have been prepared under the historical cost convention and in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

Taxation

Deferred taxation

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Inventories

	2025 £		2024 £
Stocks	38,272		35,774
	38,272		35,774

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade debtors	6,033	7,279
Prepayments	1,109	900
Social security & other tax	109	0
VAT	2,034	1,499
	9,285	9,678

Creditors: amount falling due within one year

	2025 £	2024 £
Trade creditors	9,411	7,053
Accrued expenses	4,905	4,951
Business credit card	337	818
Pension Payable	131	153
Bank loans & overdrafts	10,488	10,357
Directors' current account	18,927	21,879
Corporation tax	8,128	6,212
Social security & other tax	0	193
	52,327	51,616

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank loans & overdrafts	1,748		12,083
	1,748		12,083

6.	Average number of employees Average number of employees during the year were 3 (2024: 3).

7.	Controlling Party The company is controlled by Mr T J Pratt.

Contents Page

Business Information

Statement of Financial Position

Notes to the Accounts