1 November 2024 false No description of principal activity Taxfiler 2024.6 16031690business:PrivateLimitedCompanyLtd2024-11-012025-10-31 160316902024-10-31 160316902024-11-012025-10-31 16031690business:AuditExemptWithAccountantsReport2024-11-012025-10-31 16031690business:FilletedAccounts2024-11-012025-10-31 160316902025-10-31 16031690business:Director12024-11-012025-10-31 16031690business:RegisteredOffice2024-11-012025-10-31 16031690core:WithinOneYear2025-10-31 16031690core:ShareCapitalcore:PreviouslyStatedAmount2025-10-31 16031690core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-10-31 16031690core:PreviouslyStatedAmount2025-10-31 16031690business:SmallEntities2024-11-012025-10-31 16031690countries:EnglandWales2024-11-012025-10-31 16031690core:LandBuildings2024-11-012025-10-31 16031690core:LandBuildings2024-10-31 16031690core:LandBuildings2025-10-31 iso4217:GBP xbrli:pure
Company Registration No. 16031690 (England and Wales)
SPS (WM) Limited Unaudited accounts for the year ended 31 October 2025
SPS (WM) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SPS (WM) Limited Company Information for the year ended 31 October 2025
Director
Mohan Sungha
Company Number
16031690 (England and Wales)
Registered Office
58 Lythalls Lane Coventry West Midlands CV6 6FP England
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
- 3 -
SPS (WM) Limited Statement of financial position as at 31 October 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
4
156,794 
Current assets
Cash at bank and in hand
200 
Creditors: amounts falling due within one year
5
(157,791)
Net current liabilities
(157,591)
Net liabilities
(797)
Capital and reserves
Called up share capital
1 
Profit and loss account
(798)
Shareholders' funds
(797)
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 his 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
Mohan Sungha Director Company Registration No. 16031690
- 4 -
SPS (WM) Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
SPS (WM) Limited is a private company, limited by shares, registered in England and Wales, registration number 16031690. The registered office is 58 Lythalls Lane, Coventry, West Midlands, CV6 6FP, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2024
- 
Additions
156,794 
At 31 October 2025
156,794 
Depreciation
At 31 October 2025
- 
Net book value
At 31 October 2025
156,794 
5
Creditors: amounts falling due within one year
2025 
£ 
Trade creditors
758 
Loans from directors
157,033 
157,791 
- 5 -
SPS (WM) Limited Notes to the Accounts for the year ended 31 October 2025
6
Transactions with related parties
During the year, the company received a loan amounting to £157,033 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
7
Average number of employees
During the year the average number of employees was 0.
- 6 -