SPICE FACTORS LIMITED - Filleted accounts

Registered number

14935148

SPICE FACTORS LIMITED

Filleted Accounts

30 June 2025

SPICE FACTORS LIMITED
Registered number:		14935148
Balance Sheet
as at 30 June 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		6,162			7,702

Current assets
Stocks		2,805			2,995
Debtors	4	6,583			5,568
Cash at bank and in hand		10,344			4,422
		19,732			12,985

Creditors: amounts falling due within one year	5	(39,392)			(19,921)

Net current liabilities			(19,660)			(6,936)

Net (liabilities)/assets			(13,498)			766

Capital and reserves
Called up share capital			100			100
Profit and loss account			(13,598)			666

Shareholder's funds			(13,498)			766

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Md Ariful Hussain
Director
Approved by the board on 20 October 2025

SPICE FACTORS LIMITED
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:




	Fixtures, fittings, tools and equipment	20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		7		4


3	Tangible fixed assets
					Fixture, fittings and equipment
£
	Cost
	At 1 July 2024				9,627
	At 30 June 2025				9,627

	Depreciation
	At 1 July 2024				1,925
	Charge for the year				1,540
	At 30 June 2025				3,465

	Net book value
	At 30 June 2025				6,162
	At 30 June 2024				7,702


4	Debtors		2025		2024
£				£

	Trade debtors		2,050		1,035
	Other debtors		4,533		4,533
			6,583		5,568


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Directors current account		17,382		11,483
	Trade creditors		2,577		4,349
	Taxation and social security costs		11,547		436
	Other creditors		7,886		3,653
			39,392		19,921


6	Other information

	SPICE FACTORS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	17 Plumbers Row
	Unit D
	Upper ground
	London
	E1 1EQ