IRIS Accounts Production v25.4.12.37 10646454 director 1.7.25 31.3.26 31.3.26 false true false false true false Ordinary 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10646454 2025-06-30 10646454 2026-03-31 10646454 2025-07-01 2026-03-31 10646454 2024-06-30 10646454 2024-07-01 2025-06-30 10646454 2025-06-30 10646454 ns15:EnglandWales 2025-07-01 2026-03-31 10646454 ns14:PoundSterling 2025-07-01 2026-03-31 10646454 ns10:Director1 2025-07-01 2026-03-31 10646454 ns10:PrivateLimitedCompanyLtd 2025-07-01 2026-03-31 10646454 ns10:SmallEntities 2025-07-01 2026-03-31 10646454 ns10:AuditExempt-NoAccountantsReport 2025-07-01 2026-03-31 10646454 ns10:SmallCompaniesRegimeForDirectorsReport 2025-07-01 2026-03-31 10646454 ns10:SmallCompaniesRegimeForAccounts 2025-07-01 2026-03-31 10646454 ns10:FullAccounts 2025-07-01 2026-03-31 10646454 ns10:OrdinaryShareClass1 2025-07-01 2026-03-31 10646454 ns10:OrdinaryShareClass2 2025-07-01 2026-03-31 10646454 ns10:RegisteredOffice 2025-07-01 2026-03-31 10646454 ns5:CurrentFinancialInstruments 2026-03-31 10646454 ns5:CurrentFinancialInstruments 2025-06-30 10646454 ns5:Non-currentFinancialInstruments 2026-03-31 10646454 ns5:Non-currentFinancialInstruments 2025-06-30 10646454 ns5:ShareCapital 2026-03-31 10646454 ns5:ShareCapital 2025-06-30 10646454 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 10646454 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 10646454 ns5:FurnitureFittings 2025-07-01 2026-03-31 10646454 ns5:ComputerEquipment 2025-07-01 2026-03-31 10646454 ns5:FurnitureFittings 2025-06-30 10646454 ns5:ComputerEquipment 2025-06-30 10646454 ns5:FurnitureFittings 2026-03-31 10646454 ns5:ComputerEquipment 2026-03-31 10646454 ns5:FurnitureFittings 2025-06-30 10646454 ns5:ComputerEquipment 2025-06-30 10646454 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 10646454 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 10646454 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2026-03-31 10646454 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-06-30 10646454 ns5:AcceleratedTaxDepreciationDeferredTax 2026-03-31 10646454 ns5:AcceleratedTaxDepreciationDeferredTax 2025-06-30 10646454 ns5:DeferredTaxation 2025-06-30 10646454 ns5:DeferredTaxation 2025-07-01 2026-03-31 10646454 ns5:DeferredTaxation 2026-03-31 10646454 ns10:OrdinaryShareClass1 2026-03-31 10646454 ns10:OrdinaryShareClass2 2026-03-31

REGISTERED NUMBER: 10646454 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2025 TO 31 MARCH 2026

FOR

SPRUNG LTD

| SPRUNG LTD (REGISTERED NUMBER: 10646454) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Period 1 July 2025 to 31 March 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SPRUNG LTD |

COMPANY INFORMATION

for the Period 1 July 2025 to 31 March 2026

| DIRECTOR: | Mr D J Georgiou

| REGISTERED OFFICE: | 4 Grovelands

| Boundary Way

| Hemel Hempstead

| Hertfordshire

| HP2 7TE

| REGISTERED NUMBER: | 10646454 (England and Wales)

| ACCOUNTANTS: | Kings Chartered Accountants

| 4 Grovelands

| Boundary Way

| Hemel Hempstead

| Hertfordshire

| HP2 7TE

| SPRUNG LTD (REGISTERED NUMBER: 10646454) |

BALANCE SHEET

31 March 2026

| 31.3.26 | 30.6.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 1,581 |  |

CURRENT ASSETS

Debtors | 5 | 122,221 |  | 14,893 |  |

Cash at bank | 32,040 |  | 131,957 |  |

154,261 |  | 146,850 |  |

CREDITORS

Amounts falling due within one year | 6 | - |  | 38,056 |  |

NET CURRENT ASSETS | 154,261 |  | 108,794 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 154,261 |  | 110,375 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | (1,170 | ) |

PROVISIONS FOR LIABILITIES | 9 | - |  | (363 | ) |

NET ASSETS | 154,261 |  | 108,842 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 200 |  | 200 |  |

Retained earnings | 154,061 |  | 108,642 |  |

SHAREHOLDERS' FUNDS | 154,261 |  | 108,842 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 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.

| SPRUNG LTD (REGISTERED NUMBER: 10646454) |

BALANCE SHEET - continued

31 March 2026

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2026 and were signed by:

Mr D J Georgiou - Director

| SPRUNG LTD (REGISTERED NUMBER: 10646454) |

NOTES TO THE FINANCIAL STATEMENTS

for the Period 1 July 2025 to 31 March 2026

1. | STATUTORY INFORMATION

| Sprung 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.

| The measurement basis used in the preparation of the financial statements is the historical cost basis.

| These financial statements have been prepared by the directors on an alternative basis on the assumption that the company will not continue in business. On the alternative basis, adjustments have been made to reduce the value of assets to their recoverable amount. Further, assets and liabilities are not distinguished between current and non-current on the statement of financial position. The directors consider that additional write downs are not necessary

| Reporting period

| The current period's financial statements represent an 9-month period to 31 March 2026. The prior period represents a 12-month period to 31 June 2025.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes derived from ordinary activities. Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the service.

| Tangible fixed assets

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

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 25% on cost

| SPRUNG LTD (REGISTERED NUMBER: 10646454) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Period 1 July 2025 to 31 March 2026

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| 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.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors, 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

| SPRUNG LTD (REGISTERED NUMBER: 10646454) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Period 1 July 2025 to 31 March 2026

2. | ACCOUNTING POLICIES - continued

| 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 period was 2 (2025 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 July 2025 | 1,618 |  | 8,521 |  | 10,139 |  |

| Disposals | (1,618 | ) | (8,521 | ) | (10,139 | ) |

| At 31 March 2026 | - |  | - |  | - |  |

| DEPRECIATION

| At 1 July 2025 | 1,288 |  | 7,270 |  | 8,558 |  |

| Charge for period | 163 |  | 500 |  | 663 |  |

| Eliminated on disposal | (1,451 | ) | (7,770 | ) | (9,221 | ) |

| At 31 March 2026 | - |  | - |  | - |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  | - |  | - |  |

| At 30 June 2025 | 330 |  | 1,251 |  | 1,581 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 30.6.25

£ | £ |

| Trade debtors | 15,840 |  | 14,796 |  |

| Directors' current accounts | 106,381 |  | - |  |

| Prepayments and accrued income | - |  | 97 |  |

122,221 |  | 14,893 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 30.6.25

£ | £ |

| Bank loans and overdrafts (see note 8) | - |  | 638 |  |

| Trade creditors | - |  | 532 |  |

| Taxation | - |  | 24,022 |  |

| Social security and other taxes | - |  | 250 |  |

| Value added tax | - |  | 7,262 |  |

| Directors' current accounts | - |  | 476 |  |

| Accruals | - |  | 4,876 |  |

- |  | 38,056 |  |

| SPRUNG LTD (REGISTERED NUMBER: 10646454) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Period 1 July 2025 to 31 March 2026

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.26 |  | 30.6.25

£ | £ |

| Bank loans (see note 8) | - |  | 1,170 |  |

8. | LOANS

| An analysis of the maturity of loans is given below:

| 31.3.26 |  | 30.6.25

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | - |  | 638 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | - |  | 1,170 |  |

9. | PROVISIONS FOR LIABILITIES

| 31.3.26 |  | 30.6.25

£ | £ |

| Deferred tax

| Accelerated capital allowances | - |  | 363 |  |

| Deferred |

| tax |

£ |

| Balance at 1 July 2025 | 363 |  |

| Provided during period | (363 | ) |

| Balance at 31 March 2026 | - |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.26 |  | 30.6.25

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 100 | Ordinary B | £1 | 100 |  | 100 |  |

200 |  | 200 |  |