| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 September 2025 |
| for |
| Spencer & Leigh Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 September 2025 |
| for |
| Spencer & Leigh Limited |
| Spencer & Leigh Limited (Registered number: 04794913) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| Spencer & Leigh Limited (Registered number: 04794913) |
| Balance Sheet |
| 30 September 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investment property | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
8 |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 9 |
| Fair value reserve |
| Retained earnings |
| Shareholders' funds |
| 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. |
| Spencer & Leigh Limited (Registered number: 04794913) |
| Balance Sheet - continued |
| 30 September 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Spencer & Leigh Limited (Registered number: 04794913) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2025 |
| 1. | Statutory information |
| Spencer & Leigh Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£). |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of VAT and discounts. |
| When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. |
| When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable. |
| Tangible fixed assets |
| Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Fixtures and fittings - 15% straight line |
| Computer equipment - 25% straight line |
| Investment property |
| Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. |
| Investment property is revalued at its fair value at each reporting date and any changes in fair value are recognised in profit or loss. |
| Spencer & Leigh Limited (Registered number: 04794913) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2025 |
| 2. | Accounting policies - continued |
| Financial instruments |
| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. |
| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. |
| 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 |
| Spencer & Leigh Limited (Registered number: 04794913) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2025 |
| 4. | Tangible fixed assets |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 October 2024 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 30 September 2025 |
| Depreciation |
| At 1 October 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 30 September 2025 |
| Net book value |
| At 30 September 2025 |
| At 30 September 2024 |
| 5. | Investment property |
| Total |
| £ |
| Cost |
| At 1 October 2024 |
| and 30 September 2025 |
| Net book value |
| At 30 September 2025 |
| At 30 September 2024 |
| The investment property fair value of £175,000 (2024: £175,000) was determined by the directors. The fair value is based on the open market value of similar properties. |
| 6. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Spencer & Leigh Limited (Registered number: 04794913) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2025 |
| 7. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| 9. | Called up share capital |
| Number Class Nominal |
| Value 2025 2024 |
| £ £ |
| 475 Ordinary A £1 475 475 |
| 475 Ordinary B £1 475 475 |
| 25 Ordinary C £1 25 25 |
| 25 Ordinary D £1 25 25 |
| -------- -------- |
| 1000 1000 |
| ==== ==== |
| 10. | Operating lease commitments |
| At the year end, the company had operating lease commitments of £232,452 (2024: £240,229). |
| 11. | Related party disclosures |
| Within creditors there is a balance of £118 (2024:£113 ) owed to the directors and £1,149 (2024:£nil ) owed to the shareholders. |