Company Registration No. 15983268 (England and Wales)
Spraywell Paints Ltd
Unaudited accounts
for the year ended 31 October 2025
Spraywell Paints Ltd
Unaudited accounts
Contents
Spraywell Paints Ltd
Company Information
for the year ended 31 October 2025
Company Number
15983268 (England and Wales)
Registered Office
33 Sherwood Road
Bromsgrove
B60 3DR
England
Accountants
AC Counts & Services Ltd
Office 42
Imex Business Centre, Oxleasow Road
Redditch
Worcestershire
B98 0RE
Spraywell Paints Ltd
Statement of financial position
as at 31 October 2025
Cash at bank and in hand
128,038
Creditors: amounts falling due within one year
(65,162)
Total assets less current liabilities
103,713
Creditors: amounts falling due after more than one year
(37,672)
Profit and loss account
66,041
Shareholders' funds
66,041
For the year ending 31 October 2025 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 June 2026 and were signed on its behalf by
Karen Moore
Director
Company Registration No. 15983268
Spraywell Paints Ltd
Notes to the Accounts
for the year ended 31 October 2025
Spraywell Paints Ltd is a private company, limited by shares, registered in England and Wales, registration number 15983268. The registered office is 33 Sherwood Road, Bromsgrove, B60 3DR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line Method Method
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
20% Straight Line Method Method
Computer equipment
25% Straight Line Method Method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The financial statements have been prepared on a going concern basis. This assumes the continued support of the director. The director has indicated her support will continue for the foreseeable future.
Spraywell Paints Ltd
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
-
-
-
-
-
Additions
461
3,000
229
3,740
7,430
At 31 October 2025
461
3,000
229
3,740
7,430
Charge for the year
92
750
46
935
1,823
At 31 October 2025
92
750
46
935
1,823
At 31 October 2025
369
2,250
183
2,805
5,607
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Taxes and social security
26,506
7
Creditors: amounts falling due after more than one year
2025
Loans from directors
37,672
8
Transactions with related parties
At the year end, there was a balance of £37761 owed to sole director Mrs Karen Moore.
9
Average number of employees
During the year the average number of employees was 3.