01577652falsethe continued suppliers and manufacturers of bearings and power transmission units.2024-10-012025-09-30http://www.companieshouse.gov.uk/2024-09-30http://www.companieshouse.gov.uk/cd:CompanySecretary12024-10-012025-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-09-30http://www.companieshouse.gov.uk/cd:Director12024-10-012025-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2025-09-30http://www.companieshouse.gov.uk/pt:SharePremium2024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2025-09-30http://www.companieshouse.gov.uk/cd:Director22024-10-012025-09-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-09-30http://www.companieshouse.gov.uk/pt:SharePremium2025-09-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2025-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-10-012025-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-10-012025-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-10-012025-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-09-30http://www.companieshouse.gov.uk/2024-10-012025-09-30http://www.companieshouse.gov.uk/2024-09-30http://www.companieshouse.gov.uk/cd:FRS1022024-10-012025-09-30http://www.companieshouse.gov.uk/2025-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2024-10-012025-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-10-012025-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 01577652
SPRINT INDUSTRIAL SALES LIMITED
ACCOUNTS
FOR THE YEAR ENDED 30/09/2025
Prepared By:
PAS SYSTEMS
Accountants
12
Kendrick Close
Solihull
West Midlands
B92 0QD
SPRINT INDUSTRIAL SALES LIMITED
ACCOUNTS
FOR THE YEAR ENDED 30/09/2025
DIRECTORS
Jason Corr
R P I Pearsall
SECRETARY
Jason Corr
REGISTERED OFFICE
Unit 1 Rose Hill Business Park
Rose Hill
Willenhall
West Midlands
WV13 2AR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01577652
BANKERS
BARCLAYS BANK PLC
ACCOUNTANTS
PAS SYSTEMS
Accountants
12
Kendrick Close
Solihull
West Midlands
B92 0QD
SPRINT INDUSTRIAL SALES LIMITED
ACCOUNTS
FOR THEYEARENDED30/09/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
SPRINT INDUSTRIAL SALES LIMITED
BALANCE SHEET AT 30/09/2025
20252024
Notes££
FIXED ASSETS
Tangible assets28,23011,022
CURRENT ASSETS
Stock194,076194,666
Debtors4276,032417,590
Cash at bank and in hand58,65497,943
528,762710,199
CREDITORS: Amounts falling due within one year5206,495375,746
NET CURRENT ASSETS322,267334,453
TOTAL ASSETS LESS CURRENT LIABILITIES330,497345,475
CREDITORS: Amounts falling due after more than one year6-22,991
PROVISIONS FOR LIABILITIES AND CHARGES82,0351,591
NET ASSETS328,462320,893
CAPITAL AND RESERVES
Called up share capital9100100
Share premium account10204,975204,975
Capital redemption reserve112525
Profit and loss account123,362115,793
SHAREHOLDERS' FUNDS328,462320,893
For the year ending 30/09/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/06/2026 and signed on their behalf by
.............................
Jason Corr
Director
SPRINT INDUSTRIAL SALES LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
SPRINT INDUSTRIAL SALES LIMITED
2. TANGIBLE FIXED ASSETS
Long LeaseholdPlant and
PropertiesMachineryTotal
£££
Cost
At 01/10/202415,818569,994585,812
At 30/09/202515,818569,994585,812
Depreciation
At 01/10/202415,817558,973574,790
For the year-2,7922,792
At 30/09/202515,817561,765577,582
Net Book Amounts
At 30/09/202518,2298,230
At 30/09/2024111,02111,022
3. STOCK 20252024
££
Stock comprises:
Stock65,45865,508
Work in progress128,618129,158
194,076194,666
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors264,509377,100
Prepayments11,52340,490
276,032417,590
SPRINT INDUSTRIAL SALES LIMITED
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax52,25962,309
VAT13,21436,437
PAYE control2,2514,570
Directors current account1018
Loans-134,283
Trade creditors135,415136,222
Pension schemes446707
Accruals2,9001,200
206,495375,746
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (unsecured) >1yr-22,991
-22,991
Wholly repayable within five years by installments.
7. EMPLOYEES
20252024
No.No.
Average number of employees79
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation2,0351,591
2,0351,591
SPRINT INDUSTRIAL SALES LIMITED
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
Equity Shares Authorised 975 Ordinary shares of £1 each, 25 Ordinary 'B' shares of £1 each. Allotted 100 ordinary shares of £1 each.
10. SHARE PREMIUM ACCOUNT 20252024
££
Share premium account204,975204,975
11. OTHER RESERVES 20252024
££
Capital redemption reserve2525
2525
12. CONTROLLING PARTY
The company is not uner the control of any individual party.