Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 2026-05-06 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.27 2025-01-01 false sale and manufacture of window blinds and related products 33 true false 07317206 2025-01-01 2025-12-31 07317206 2024-01-01 2024-12-31 07317206 2025-12-31 07317206 2024-12-31 07317206 c:Director3 2025-01-01 2025-12-31 07317206 d:Buildings d:LongLeaseholdAssets 2025-01-01 2025-12-31 07317206 d:Buildings d:LongLeaseholdAssets 2025-12-31 07317206 d:Buildings d:LongLeaseholdAssets 2024-12-31 07317206 d:PlantMachinery 2025-01-01 2025-12-31 07317206 d:PlantMachinery 2025-12-31 07317206 d:PlantMachinery 2024-12-31 07317206 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07317206 d:MotorVehicles 2025-01-01 2025-12-31 07317206 d:MotorVehicles 2025-12-31 07317206 d:MotorVehicles 2024-12-31 07317206 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07317206 d:FurnitureFittings 2025-01-01 2025-12-31 07317206 d:FurnitureFittings 2025-12-31 07317206 d:FurnitureFittings 2024-12-31 07317206 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07317206 d:OfficeEquipment 2025-01-01 2025-12-31 07317206 d:ComputerEquipment 2025-01-01 2025-12-31 07317206 d:ComputerEquipment 2025-12-31 07317206 d:ComputerEquipment 2024-12-31 07317206 d:ComputerEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07317206 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07317206 d:PatentsTrademarksLicencesConcessionsSimilar 2025-12-31 07317206 d:PatentsTrademarksLicencesConcessionsSimilar 2024-12-31 07317206 d:CopyrightsPatentsTrademarksServiceOperatingRights 2025-12-31 07317206 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-31 07317206 d:CurrentFinancialInstruments 2025-12-31 07317206 d:CurrentFinancialInstruments 2024-12-31 07317206 d:Non-currentFinancialInstruments 2025-12-31 07317206 d:Non-currentFinancialInstruments 2024-12-31 07317206 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 07317206 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07317206 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 07317206 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 07317206 d:ShareCapital 2025-12-31 07317206 d:ShareCapital 2024-12-31 07317206 d:SharePremium 2025-12-31 07317206 d:SharePremium 2024-12-31 07317206 d:RetainedEarningsAccumulatedLosses 2025-12-31 07317206 d:RetainedEarningsAccumulatedLosses 2024-12-31 07317206 c:FRS102 2025-01-01 2025-12-31 07317206 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07317206 c:FullAccounts 2025-01-01 2025-12-31 07317206 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07317206 d:HirePurchaseContracts d:WithinOneYear 2025-12-31 07317206 d:HirePurchaseContracts d:WithinOneYear 2024-12-31 07317206 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-12-31 07317206 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-12-31 07317206 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2025-01-01 2025-12-31 07317206 d:CopyrightsPatentsTrademarksServiceOperatingRights d:ExternallyAcquiredIntangibleAssets 2025-01-01 2025-12-31 07317206 2 2025-01-01 2025-12-31 07317206 d:ExternallyAcquiredIntangibleAssets 2025-01-01 2025-12-31 07317206 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2025-01-01 2025-12-31 07317206 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2025-01-01 2025-12-31 07317206 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 07317206 SPECTRUM SUPPLY LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
SPECTRUM SUPPLY LIMITED REGISTERED NUMBER: 07317206 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 3,030 |  | 750
Tangible assets | 5 |  | 709,360 |  | 490,024
|  |  | 712,390 |  | 490,774
Current assets |  |  |  |  |
Stocks |  | 865,674 |  | 800,929 |
Debtors: amounts falling due within one year | 6 | 341,136 |  | 497,852 |
Cash at bank and in hand | 7 | 389,406 |  | 265,565 |
|  | 1,596,216 |  | 1,564,346 |
Creditors: amounts falling due within one year | 8 | (1,222,778) |  | (982,778) |
Net current assets |  |  | 373,438 |  | 581,568
Total assets less current liabilities |  |  | 1,085,828 |  | 1,072,342
Creditors: amounts falling due after more than one year | 9 |  | (163,502) |  | -
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (50,102) |  | (43,207) |
|  |  | (50,102) |  | (43,207)
Net assets |  |  | 872,224 |  | 1,029,135
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 112 |  | 112
Share premium account |  |  | 25,164 |  | 25,164
Profit and loss account |  |  | 846,948 |  | 1,003,859
|  |  | 872,224 |  | 1,029,135
Page 1
SPECTRUM SUPPLY LIMITED REGISTERED NUMBER: 07317206 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
N Hill
Director
Date: 6 May 2026
The notes on pages 3 to 12 form part of these financial statements. Page 2
SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Spectrum Supply Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address is: 31 Ystrad Road Swansea West Business Park SA5 4BT 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. 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 directors are satisfied with the results of the company for the year, post year end results and projected profitability levels. However, given that UK inflation is increasing at a significant rate, the directors recognise that there will be pressure on all aspects of the company's cost base, along with the related impact on sales demand and growth. Therefore the directors continue to closely monitor projected profitability and cash flow. The directors have reviewed future cash flow on alternative scenarios and consider that it appropriate to prepare the financial statements using the going concern basis of accounting. Related party exemption The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned group companies. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
The company's functional and presentational currency is GBP. Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
| 2.3 | Revenue
Turnover is the amount derived from ordinary activities and is stated net of trade discounts, other sales taxes and VAT. Revenue is recognised on the dispatch of goods to customers. Other income Other income represents revenue generated by the company that does not relate to its principal activity. Other income is recognised when the services are provided. Rental income is recognised evenly over the term of the underlying lease agreement. Page 3
SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | Research and development
Expenditure on research and development is written off in the year in which it is incurred.
| 2.5 | Government grants
Grants are credited to deferred revenue when entitlement to the grant has been established. Grants towards capital expenditure are then released to the income statement over the useful life of the assets. Grants towards revenue expenditure are released to the income statement as the related expenditure is incurred.
| 2.6 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.7 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.8 | Current and deferred taxation
Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid(or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements. A net deferred tax asset is regarded as recoverable and therefore recognised only to the extent that, on the basis of all available evidence, it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
| 2.9 | 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. Patents and licences are being amortised evenly over their estimated useful life of ten years. Page 4
SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.10 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Long-term leasehold property | - | 2% |
|  |  |  | Plant and machinery | - | 25% |
|  |  |  | Motor vehicles | - | 25% |
|  |  |  | Fixtures and fittings | - | 25% |
|  |  |  | Office equipment | - |  |
|  |  |  | Computer equipment | - | 33% |
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.11 | Stocks
Stocks are stated at the lower of cost and net realisable value. Cost includes purchase price less discounts where applicable. Net realisable value is based on estimated selling price. Provision is made for obsolete and slow moving items where appropriate.
| 2.12 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.13 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.14 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 5
SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.15 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.16 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
| 2.17 | Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease. Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet and depreciated over their estimated useful lives. The interest element of these obligations is charged to the income statement over the relevant period. The capital element of the future payments is treated as a liability.
| 2.18 | Financial instruments
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price 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. Basic financial liabilities, including trade and other 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. Page 6
SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.19 | Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts 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 which 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 if the revision only effects that period, or in the period of the revision and future periods if the revision affects both current and future periods. The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements. Impairment of assets Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the income statement. Provisions and contingencies Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed unless a transfer of economic benefits is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is probable.
3. | Employees
| The average monthly number of employees, including directors, during the year was 27 (2024 - 33).
Page 7
SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Intangible assets
|  | Patents | Trademarks | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 January 2025 | 3,060 | - | 3,060
| Additions | - | 2,510 | 2,510
| At 31 December 2025 | 3,060 | 2,510 | 5,570
| Amortisation |  |  |
| At 1 January 2025 | 2,310 | - | 2,310
| Charge for the year on owned assets | 125 | 105 | 230
| At 31 December 2025 | 2,435 | 105 | 2,540
| Net book value |  |  |
| At 31 December 2025 | 625 | 2,405 | 3,030
| At 31 December 2024 | 750 | - | 750
Page 8

|  | SPECTRUM SUPPLY LIMITED |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
| 5. | Tangible fixed assets
|  | Long-term leasehold property | Plant and machinery | Motor vehicles | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |  |
| At 1 January 2025 | 340,213 | 325,850 | 196,944 | 63,550 | 107,105 | 1,033,662
| Additions | 3,456 | 265,401 | 72,379 | 6,880 | 12,098 | 360,214
| Disposals | - | (15,091) | (29,198) | - | - | (44,289)
| At 31 December 2025 | 343,669 | 576,160 | 240,125 | 70,430 | 119,203 | 1,349,587
| Depreciation |  |  |  |  |  |
| At 1 January 2025 | 21,954 | 278,328 | 120,342 | 46,710 | 76,304 | 543,638
| Charge for the year on owned assets | 6,810 | 82,387 | 25,679 | 7,716 | 18,286 | 140,878
| Disposals | - | (15,091) | (29,198) | - | - | (44,289)
| At 31 December 2025 | 28,764 | 345,624 | 116,823 | 54,426 | 94,590 | 640,227
| Net book value |  |  |  |  |  |
| At 31 December 2025 | 314,905 | 230,536 | 123,302 | 16,004 | 24,613 | 709,360
| At 31 December 2024 | 318,259 | 47,522 | 76,602 | 16,840 | 30,801 | 490,024
Page 9

SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 5.Tangible fixed assets (continued)
| Motor vehicles and Plant and machinery include assets under hire purchase with a net book value of £169,764 (2024: £Nil).
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 268,395 | 336,242
| Other debtors | 535 | -
| Prepayments and accrued income | 72,206 | 161,610
|  | 341,136 | 497,852
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 389,406 | 265,565
|  | 389,406 | 265,565
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | 174,773 | 99,046
| Trade creditors | 355,093 | 404,629
| Amounts owed to group undertakings | 229,447 | 91,547
| Other taxation and social security | 60,392 | 81,522
| Hire purchase contracts | 35,951 | -
| Other creditors | 333,011 | 282,309
| Accruals and deferred income | 34,111 | 23,725
|  | 1,222,778 | 982,778
Page 10
SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Hire purchase contracts | 138,502 | -
| Government grants received | 25,000 | -
|  | 163,502 | -
| The following liabilities were secured:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Hire purchase contracts | 174,453 | -
|  | 174,453 | -
| Details of security provided:
Hire purchase liabilities are secured by the underlying assets.
10. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 35,951 | -
| Between 1-5 years | 138,502 | -
|  | 174,453 | -
11. | Capital commitments
| At 31 December 2025 the Company had capital commitments as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Contracted for but not provided in these financial statements | - | 173,307
|  | - | 173,307
Page 11
SPECTRUM SUPPLY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 12.Other financial commitments At the balance sheet date, the company has commitments under non cancellable operating leases totalling £120,366 (2024 - £121,173). The company had also committed to costs for goods and services delivered in 2026, as follows: Stock purchases - £143,283 (2024 - £120,955)
13. | Related party transactions
| At the balance sheet date, the company owed its directors £155,337 (2024: £155,571) and owed its parent company shareholders £128,500 (2024: £126,738). The company also owed other related parties £229,447 (2024: £91,547). Balances are interest free, due within one year and unsecured. Such loans represent dividends credited and loans advanced, less cash withdrawn from the company.
14. | Controlling party
The ultimate controlling party is Umbra Holdings Limited.
Page 12