Spitalfields Market Tenants Association Limited 31/12/2025 iXBRL

Company registration number: 00216957

Spitalfields Market Tenants Association Limited

Company limited by guarantee

Unaudited filleted financial statements

31 December 2025

Spitalfields Market Tenants Association Limited

Company limited by guarantee

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Spitalfields Market Tenants Association Limited

Company limited by guarantee

Directors and other information


	Directors	C A Hutchinson
		P J Walker
		P R Thomas
		I Patel


	Secretary	Mrs J A Hutchinson


	Company number	00216957


	Registered office	Office 6, Allen House, New Spitalfields Market
		23 Sherrin Road
		Losndon
		Greatwer London
		E10 5SQ


	Accountants	Pollock Taylor Ltd
		Chartered Certified Accountants
		Units 6-7, Thurrock Commercial Park
		Purfleet
		Essex
		RM15 4YA

Spitalfields Market Tenants Association Limited

Company limited by guarantee

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Spitalfields Market Tenants Association Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Spitalfields Market Tenants Association Limited for the year ended 31 December 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Spitalfields Market Tenants Association Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Spitalfields Market Tenants Association Limited and state those matters that we have agreed to state to the board of directors of Spitalfields Market Tenants Association Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Spitalfields Market Tenants Association Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Spitalfields Market Tenants Association Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Spitalfields Market Tenants Association Limited. You consider that Spitalfields Market Tenants Association Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Spitalfields Market Tenants Association Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Pollock Taylor Ltd

Chartered Certified Accountants

Units 6-7, Thurrock Commercial Park

Juliette Way

Purfleet

Essex

RM15 4YA

11 June 2026

Spitalfields Market Tenants Association Limited

Company limited by guarantee

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	7	1,163		1,359
Investments	8	2,500		2,500
		_______		_______
			3,663		3,859

Current assets
Debtors	9	154,931		31,805
Cash at bank and in hand		215,901		93,326
		_______		_______
		370,832		125,131
Creditors: amounts falling due
within one year	10	( 314,386)		( 39,491)
		_______		_______
Net current assets			56,446		85,640
			_______		_______
Total assets less current liabilities			60,109		89,499


Provisions for liabilities	11		-		( 258)

			_______		_______
Net assets			60,109		89,241
			_______		_______

Capital and reserves
Special reserve			-		25,837
Profit and loss account			60,109		63,404
			_______		_______
Members funds			60,109		89,241
			_______		_______

For the year ending 31 December 2025 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 11 June 2026 , and are signed on behalf of the board by:

C A Hutchinson

Director

Company registration number: 00216957

Spitalfields Market Tenants Association Limited

Company limited by guarantee

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by guarantee, registered in United Kingdom. The address of the registered office is Office 6, Allen House, New Spitalfields Market, 23 Sherrin Road, Losndon, Greatwer London, E10 5SQ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	10 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

4. Limited by guarantee

The company is limited by guarantee and has no share capital.Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

6. Tax on loss

Major components of tax income

	2025	2024
	£	£
Current tax:
Adjustments in respect of previous periods	-	( 3,233)
	_______	_______

Deferred tax:
Origination and reversal of timing differences	( 258)	( 44)
	_______	_______
Tax on loss	( 258)	( 3,277)
	_______	_______

7. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	31,038	31,038
	_______	_______
Depreciation
At 1 January 2025	29,679	29,679
Charge for the year	196	196
	_______	_______
At 31 December 2025	29,875	29,875
	_______	_______
Carrying amount
At 31 December 2025	1,163	1,163
	_______	_______
At 31 December 2024	1,359	1,359
	_______	_______

8. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	2,500	2,500
	_______	_______
Impairment
At 1 January 2025 and 31 December 2025	-	-
	_______	_______
Carrying amount
At 31 December 2025	2,500	2,500
	_______	_______
At 31 December 2024	2,500	2,500
	_______	_______

9. Debtors

	2025	2024
	£	£
Trade debtors	150,999	21,047
Other debtors	3,932	10,758
	_______	_______
	154,931	31,805
	_______	_______

10. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,803	29,772
Social security and other taxes	7,337	827
Other creditors	305,246	8,892
	_______	_______
	314,386	39,491
	_______	_______

11. Provisions

	Deferred tax (note )	Total
	£	£
At 1 January 2025	258	258
Additions	( 258)	( 258)
	_______	_______
At 31 December 2025	-	-
	_______	_______

12. Related party transactions

At the balance sheet date the amount owed by New Spitalfields Market Promotions Limited was £32 (2024 - £2,132 owed to them).