REGISTERED NUMBER: 02760390 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

SPIRAFIX LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P L Clatworthy

A W Mears

S Laddychuk

REGISTERED OFFICE:

Building D, Unit D2

Chapel Farm Industrial Estate

Cwmcarn

Newport

NP11 7BH

REGISTERED NUMBER:

02760390 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

130,038

125,256

CURRENT ASSETS

Stocks

46,278

44,463

Debtors

5

487,832

518,580

Cash at bank and in hand

349,491

270,154

883,601

833,197

CREDITORS

Amounts falling due within one year

6

254,186

219,877

NET CURRENT ASSETS

629,415

613,320

TOTAL ASSETS LESS CURRENT LIABILITIES

759,453

738,576

CREDITORS

Amounts falling due after more than one year

7

(56,639

)

(38,698

)

PROVISIONS FOR LIABILITIES

(26,003

)

(21,241

)

NET ASSETS

676,811

678,637

CAPITAL AND RESERVES

Called up share capital

2,090

2,090

Share premium

43,037

43,037

Retained earnings

631,684

633,510

676,811

678,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 11 December 2025 and were signed on its behalf by:

S Laddychuk - Director

A W Mears - Director

1.	STATUTORY INFORMATION

Spirafix 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.

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.

Tangible fixed assets

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

Improvements to property

-

25% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 July 2024

57,075

152,816

2,117

Additions

-

2,450

549

At 30 June 2025

57,075

155,266

2,666

DEPRECIATION

At 1 July 2024

16,779

101,930

889

Charge for year

14,268

13,334

415

At 30 June 2025

31,047

115,264

1,304

NET BOOK VALUE

At 30 June 2025

26,028

40,002

1,362

At 30 June 2024

40,296

50,886

1,228

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2024

62,464

19,610

294,082

Additions

41,118

2,710

46,827

At 30 June 2025

103,582

22,320

340,909

DEPRECIATION

At 1 July 2024

37,765

11,463

168,826

Charge for year

11,314

2,714

42,045

At 30 June 2025

49,079

14,177

210,871

NET BOOK VALUE

At 30 June 2025

54,503

8,143

130,038

At 30 June 2024

24,699

8,147

125,256

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

117,170

22,262

Amounts owed by group undertakings

362,772

487,278

Other debtors

7,890

9,040

487,832

518,580

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

10,648

10,204

Hire purchase contracts

12,925

27,456

Trade creditors

59,944

51,851

Taxation and social security

136,735

106,614

Other creditors

33,934

23,752

254,186

219,877

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

1,587

12,235

Hire purchase contracts

55,052

26,463

56,639

38,698

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Bank loans

12,235

22,439

9.	ULTIMATE CONTROLLING PARTY

The controlling party is S Laddychuck.