REGISTERED NUMBER: 06432958 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

SPK Building Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P Kelly

SECRETARY:

Mrs C J Kelly

REGISTERED OFFICE:

41 Farmlands Lane

Littleover

Derby

DE23 2UR

REGISTERED NUMBER:

06432958 (England and Wales)

ACCOUNTANTS:

NP & Associates Limited

2 Besthorpe Close

Oakwood

Derby

Derbyshire

DE21 4RQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,131

5,222

Investments

6

15,000

15,000

Investment property

7

201,868

201,868

221,999

222,090

CURRENT ASSETS

Debtors

8

22,684

44,145

Cash at bank

751,721

495,080

774,405

539,225

CREDITORS

Amounts falling due within one year

9

142,117

119,882

NET CURRENT ASSETS

632,288

419,343

TOTAL ASSETS LESS CURRENT LIABILITIES

854,287

641,433

PROVISIONS FOR LIABILITIES

1,272

1,272

NET ASSETS

853,015

640,161

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

852,915

640,061

SHAREHOLDERS' FUNDS

853,015

640,161

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 November 2025 and were signed by:

S P Kelly - Director

1.	STATUTORY INFORMATION

SPK Building Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tools and equipment

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

12,000

AMORTISATION

At 1 April 2024

and 31 March 2025

12,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Tools and

and

Motor

Computer

equipment

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

4,721

672

16,072

4,852

26,317

Additions

280

142

-

1,868

2,290

Disposals

-

-

-

(2,098

)

(2,098

)

At 31 March 2025

5,001

814

16,072

4,622

26,509

DEPRECIATION

At 1 April 2024

2,729

321

14,888

3,157

21,095

Charge for year

398

98

296

1,316

2,108

Eliminated on disposal

-

-

-

(1,825

)

(1,825

)

At 31 March 2025

3,127

419

15,184

2,648

21,378

NET BOOK VALUE

At 31 March 2025

1,874

395

888

1,974

5,131

At 31 March 2024

1,992

351

1,184

1,695

5,222

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

15,000

NET BOOK VALUE

At 31 March 2025

15,000

At 31 March 2024

15,000

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

201,868

NET BOOK VALUE

At 31 March 2025

201,868

At 31 March 2024

201,868

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,498

25,447

Other debtors

-

11,513

VAT

4,186

7,185

22,684

44,145

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

41,627

53,744

Tax

83,664

42,702

Social security and other taxes

6,305

5,453

Directors' current accounts

527

14,025

Accrued expenses

9,994

3,958

142,117

119,882