REGISTERED NUMBER: 09569192 (England and Wales)

Financial Statements for the Year Ended 30 April 2025

for

Spotforth Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H Tayefi

Dr P Tayefi

REGISTERED OFFICE:

Unit 4a, Lodge Works

Birchill Road

Knowsley Industrial Estate

Liverpool

Merseyside

L33 7TD

REGISTERED NUMBER:

09569192 (England and Wales)

ACCOUNTANTS:

Cobham Murphy PHD Limited

116 Duke Street

Liverpool

L1 5JW

FIXED ASSETS

Tangible assets

4

160,000

100,480

CURRENT ASSETS

Debtors

5

5,100

5,040

Cash at bank

8,819

10,119

13,919

15,159

CREDITORS

Amounts falling due within one year

6

33,166

33,495

NET CURRENT LIABILITIES

(19,247

)

(18,336

)

TOTAL ASSETS LESS CURRENT LIABILITIES

140,753

82,144

PROVISIONS FOR LIABILITIES

35,734

20,854

NET ASSETS

105,019

61,290

CAPITAL AND RESERVES

Called up share capital

120

120

Fair value reserve

7

107,201

62,561

Retained earnings

(2,302

)

(1,391

)

SHAREHOLDERS' FUNDS

105,019

61,290

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 16 December 2025 and were signed on its behalf by:

H Tayefi - Director

1.	STATUTORY INFORMATION

Spotforth Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 09569192 and the registered office is Unit 4a Lodge Works, Birchill Road, Knowsley Industrial Estate, Liverpool L33 7TD.

The presentation and functional 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 as modified by the revaluation of certain assets.

The directors consider that the going concern assumption is appropriate despite the loss and net current liability position as they believe they will be able to meet company obligations as they become due.The company receives support from its holding company and the directors are hoping that next 12 months will see the situation improve.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Tangible fixed assets

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

Land and buildings

-

No depreciation charged

Financial instruments

Directors loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at 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 profit and loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 May 2024

100,480

Revaluations

59,520

At 30 April 2025

160,000

NET BOOK VALUE

At 30 April 2025

160,000

At 30 April 2024

100,480

Cost or valuation at 30 April 2025 is represented by:

Land and

buildings

£

Valuation in 2021

24,000

Valuation in 2022

59,415

Valuation in 2025

59,520

Cost

17,065

160,000

The land was valued in 2025 by Zeal Real Estates Ltd, the directors therefore revalued to open market value per the valuation.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Amounts owed by participating interests

5,000

5,000

Other debtors

100

40

5,100

5,040

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

-

329

Amounts owed to group undertakings

32,566

32,566

Other creditors

600

600

33,166

33,495

7.

RESERVES

Fair

value

reserve

£

At 1 May 2024

62,561

FV adjustment

44,640

At 30 April 2025

107,201