Company registration number 08144992 (England and Wales)
SPZ ASSOCIATES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
SPZ ASSOCIATES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SPZ ASSOCIATES LTD
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
51,700
-
0
Cash at bank and in hand
168,738
212,695
220,438
212,695
Creditors: amounts falling due within one year
4
(2,702)
(1,997)
Net current assets
217,736
210,698
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
217,735
210,697
Total equity
217,736
210,698

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 19 March 2026
Dr Sara-Sophia Olszowski
Director
Company registration number 08144992 (England and Wales)
SPZ ASSOCIATES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 2 -
1
Accounting policies
Company information

SPZ Associates Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1RL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.4
Financial instruments

The company has the following financial instruments:

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

SPZ ASSOCIATES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,350
-
0
Other debtors
50,350
-
0
51,700
-
0
4
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
1,651
718
Other creditors
1,051
1,279
2,702
1,997
5
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary shares of £1 each
1
1
2025-06-30 2024-07-01 false false false 19 March 2026 CCH Software CCH Accounts Production 2025.200 No description of principal activity Sara Sophia Olszowski 1 08144992 2024-07-01 2025-06-30 08144992 2025-06-30 08144992 2024-06-30 08144992 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 08144992 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 08144992 core:CurrentFinancialInstruments 2025-06-30 08144992 core:CurrentFinancialInstruments 2024-06-30 08144992 core:ShareCapital 2025-06-30 08144992 core:ShareCapital 2024-06-30 08144992 core:RetainedEarningsAccumulatedLosses 2025-06-30 08144992 core:RetainedEarningsAccumulatedLosses 2024-06-30 08144992 core:ShareCapitalOrdinaryShareClass1 2025-06-30 08144992 core:ShareCapitalOrdinaryShareClass1 2024-06-30 08144992 bus:Director1 2024-07-01 2025-06-30 08144992 core:WithinOneYear 2025-06-30 08144992 core:WithinOneYear 2024-06-30 08144992 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 08144992 bus:FRS102 2024-07-01 2025-06-30 08144992 bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 08144992 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 08144992 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP