REGISTERED NUMBER: 10254578 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SPD ESTATE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P J Doyle

REGISTERED OFFICE:

157 New Cross Road

New Cross

London

SE14 5DG

REGISTERED NUMBER:

10254578 (England and Wales)

ACCOUNTANTS:

Edwards Chartered Accountants

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

FIXED ASSETS

Intangible assets

4

120,171

169,355

Tangible assets

5

214,329

272,898

334,500

442,253

CURRENT ASSETS

Stocks

2,830

2,830

Debtors

6

600,038

196,219

Cash at bank

82,336

29,844

685,204

228,893

CREDITORS

Amounts falling due within one year

7

494,598

393,586

NET CURRENT ASSETS/(LIABILITIES)

190,606

(164,693

)

TOTAL ASSETS LESS CURRENT LIABILITIES

525,106

277,560

CREDITORS

Amounts falling due after more than one year

8

(146,129

)

(197,989

)

PROVISIONS FOR LIABILITIES

(1,733

)

(5,503

)

NET ASSETS

377,244

74,068

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

377,242

74,066

377,244

74,068

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 Income Statement has not been delivered.

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

S P J Doyle - Director

1.	STATUTORY INFORMATION

SPD Estate Ltd 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 2017, 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.

Long leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

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 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

491,835

AMORTISATION

At 1 April 2024

322,480

Charge for year

49,184

At 31 March 2025

371,664

NET BOOK VALUE

At 31 March 2025

120,171

At 31 March 2024

169,355

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

402,855

12,079

143,199

78,619

636,752

Additions

-

-

562

-

562

Disposals

-

-

(87,616

)

-

(87,616

)

At 31 March 2025

402,855

12,079

56,145

78,619

549,698

DEPRECIATION

At 1 April 2024

205,329

5,284

89,926

63,315

363,854

Charge for year

40,286

1,700

13,319

3,826

59,131

Eliminated on disposal

-

-

(87,616

)

-

(87,616

)

At 31 March 2025

245,615

6,984

15,629

67,141

335,369

NET BOOK VALUE

At 31 March 2025

157,240

5,095

40,516

11,478

214,329

At 31 March 2024

197,526

6,795

53,273

15,304

272,898

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

174,187

33,975

Other debtors

425,851

162,244

600,038

196,219

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

56,508

75,611

Trade creditors

73,721

63,038

Taxation and social security

271,277

168,996

Other creditors

93,092

85,941

494,598

393,586

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

146,129

197,989

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 were paid to the director .

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S P J Doyle.