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Company Registration No. 4554935 (England and Wales)
M A Spraggins Limited Unaudited accounts for the year ended 31 October 2025
M A Spraggins Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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M A Spraggins Limited Company Information for the year ended 31 October 2025
Director
M A Spraggins
Company Number
4554935 (England and Wales)
Registered Office
Winnel 8 School Lane Harmston, Lincoln LN5 9SP
Accountants
Mike Behan Accountant 21 Millbrook Close North Hykeham Lincoln LN6 9TA
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M A Spraggins Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,027
6,280
Current assets
Inventories
8,750
8,500
Cash at bank and in hand
992
2,840
9,742
11,340
Creditors: amounts falling due within one year
5
(13,139)
(16,015)
Net current liabilities
(3,397)
(4,675)
Total assets less current liabilities
1,630
1,605
Provisions for liabilities
Deferred tax
6
(1,431)
(1,193)
Net assets
199
412
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
99
312
Shareholders' funds
199
412
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 February 2026 and were signed on its behalf by
M A Spraggins Director Company Registration No. 4554935
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M A Spraggins Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
M A Spraggins Limited is a private company, limited by shares, registered in England and Wales, registration number 4554935. The registered office is Winnel, 8 School Lane, Harmston, Lincoln, LN5 9SP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Reducing Balance
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 November 2024
59,720
Additions
422
At 31 October 2025
60,142
Depreciation
At 1 November 2024
53,440
Charge for the year
1,675
At 31 October 2025
55,115
Net book value
At 31 October 2025
5,027
At 31 October 2024
6,280
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M A Spraggins Limited Notes to the Accounts for the year ended 31 October 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
5,779
6,121
Trade creditors
1,836
2,533
Taxes and social security
5,248
5,012
Other creditors
35
2,297
Loans from directors
241
52
13,139
16,015
6
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
1,431
1,193
2025
2024
£
£
Provision at start of year
1,193
565
Charged to the profit and loss account
238
628
Provision at end of year
1,431
1,193
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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