Spectrum Investments Limited 06298079 false 2025-03-01 2026-02-28 2026-02-28 The principal activity of the company is The company developed a property and converted it into 6 dwelling units, the following completion of the development the units were let, pending and increase in the values. The units remain for sale as part of a continuing property development trade. Digita Accounts Production Advanced 6.30.9574.0 true true 06298079 2025-03-01 2026-02-28 06298079 2026-02-28 06298079 bus:OrdinaryShareClass1 2026-02-28 06298079 core:RetainedEarningsAccumulatedLosses 2026-02-28 06298079 core:ShareCapital 2026-02-28 06298079 core:CurrentFinancialInstruments 2026-02-28 06298079 core:CurrentFinancialInstruments core:WithinOneYear 2026-02-28 06298079 core:Non-currentFinancialInstruments 2026-02-28 06298079 core:Non-currentFinancialInstruments core:AfterOneYear 2026-02-28 06298079 bus:SmallEntities 2025-03-01 2026-02-28 06298079 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 06298079 bus:FilletedAccounts 2025-03-01 2026-02-28 06298079 bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 06298079 bus:RegisteredOffice 2025-03-01 2026-02-28 06298079 bus:Director1 2025-03-01 2026-02-28 06298079 bus:Director3 2025-03-01 2026-02-28 06298079 bus:OrdinaryShareClass1 2025-03-01 2026-02-28 06298079 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 06298079 countries:England 2025-03-01 2026-02-28 06298079 2025-02-28 06298079 2024-03-01 2025-02-28 06298079 2025-02-28 06298079 bus:OrdinaryShareClass1 2025-02-28 06298079 core:RetainedEarningsAccumulatedLosses 2025-02-28 06298079 core:ShareCapital 2025-02-28 06298079 core:CurrentFinancialInstruments 2025-02-28 06298079 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 06298079 core:Non-currentFinancialInstruments 2025-02-28 06298079 core:Non-currentFinancialInstruments core:AfterOneYear 2025-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06298079

Spectrum Investments Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 28 February 2026

Spectrum Investments Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Spectrum Investments Limited

Company Information

Directors | Mr A Shaikh Mrs Lubna Shaikh

Registered office | 2/4 Ash Lane Rustington Littlehampton West Sussex BN16 3BZ

Accountants | Lucraft Hodgson & Dawes LLP 2/4 Ash Lane Rustington West Sussex BN16 3BZ

Spectrum Investments Limited

(Registration number: 06298079)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Investment property | 4 | 1,470,000 | 1,470,000
Current assets |  |  |
Debtors | 5 | 173,957 | 166,237
Cash at bank and in hand |  | 117,377 | 149,568
|  | 291,334 | 315,805
Creditors: Amounts falling due within one year | 6 | (118,291) | (132,944)
Net current assets |  | 173,043 | 182,861
Total assets less current liabilities |  | 1,643,043 | 1,652,861
Creditors: Amounts falling due after more than one year | 6 | (1,161,175) | (1,166,001)
Provisions for liabilities |  | (85,873) | (85,873)
Net assets |  | 395,995 | 400,987
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Profit and loss account |  | 395,895 | 400,887
Shareholders' funds |  | 395,995 | 400,987

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Spectrum Investments Limited

(Registration number: 06298079)
Balance Sheet as at 28 February 2026

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 June 2026 and signed on its behalf by:

......................................... Mr A Shaikh Director

Spectrum Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
2/4 Ash Lane
Rustington
Littlehampton
West Sussex
BN16 3BZ
England

These financial statements were authorised for issue by the Board on 4 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in Sterling, which is also the company's functional currency. The financial statements are rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents amounts receivable for rental income and associated charges and is stated net of discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Spectrum Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

2 | Accounting policies (continued)

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Spectrum Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

2 | Accounting policies (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Spectrum Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4 | Investment properties

| 2026 £
At 1 March | 1,470,000
At 28 February | 1,470,000

The investment property was valued by an independent local estate agent at its estimated open market value. The directors consider this valuation to represent the fair value of the property at the balance sheet date.

5 | Debtors

Current |
2026 £
2025 £
Prepayments | 16,491 | 17,476
Other debtors | 157,466 | 148,761
| 173,957 | 166,237

Spectrum Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 8 | 92,645 | 95,882
Taxation and social security |  | - | 149
Accruals and deferred income |  | 6,312 | 8,875
Other creditors |  | 19,334 | 28,038
|  | 118,291 | 132,944

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Loans and borrowings | 8 | 1,161,175 | 1,166,001
|  | 1,161,175 | 1,166,001

Spectrum Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

7 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
No.
£
No.
£
Ordinary shares of £1 each | 100 | 100 | 100 | 100

8 | Loans and borrowings

| 2026 £ | 2025 £
Non-current loans and borrowings
Bank borrowings | 1,161,175 | 1,166,001
| 1,161,175 | 1,166,001

| 2026 £ | 2025 £
Current loans and borrowings
Bank borrowings | - | 1,077
Other borrowings | 92,645 | 94,805
| 92,645 | 95,882