Company No: 05678515 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Spencer Robert Munson

SECRETARY

Catherine Anne Munson

REGISTERED OFFICE	2 Leman Street
	London
	E1W 9US
	United Kingdom

COMPANY NUMBER

05678515 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	40,590		46,115
		40,590		46,115
Current assets
Debtors	4	58,058		115,089
Cash at bank and in hand		390,210		406,763
		448,268		521,852
Creditors: amounts falling due within one year	5	( 357,968)		( 364,162)
Net current assets		90,300		157,690
Total assets less current liabilities		130,890		203,805
Provision for liabilities		( 5,530)		( 5,964)
Net assets		125,360		197,841
Capital and reserves
Called-up share capital		100		100
Profit and loss account		125,260		197,741
Total shareholders' funds		125,360		197,841

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Spencer Munson Property Services Limited (registered number: 05678515) were approved and authorised for issue by the Director on 25 June 2026. They were signed on its behalf by:

Spencer Robert Munson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Spencer Munson Property Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the period.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to
the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	10 years straight line
Leasehold improvements	10 years straight line
Fixtures and fittings	25 % reducing balance
Computer equipment	4 years straight line

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Tangible assets

	Land and buildings		Leasehold improve- ments		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	3,250		94,859		139,565		41,776		279,450
Additions	0		0		3,747		1,855		5,602
At 31 March 2026	3,250		94,859		143,312		43,631		285,052
Accumulated depreciation
At 01 April 2025	3,250		72,604		126,033		31,448		233,335
Charge for the financial year	0		3,788		3,466		3,873		11,127
At 31 March 2026	3,250		76,392		129,499		35,321		244,462
Net book value
At 31 March 2026	0		18,467		13,813		8,310		40,590
At 31 March 2025	0		22,255		13,532		10,328		46,115

4. Debtors

	2026		2025
	£		£
Trade debtors	382		14,930
Amounts owed by Group undertakings	0		10,445
Other debtors	57,676		89,714
	58,058		115,089

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	54,940		64,238
Amounts owed to Group undertakings	24,658		0
Taxation and social security	153,429		99,154
Other creditors	124,941		200,770
	357,968		364,162

6. Financial commitments

Other financial commitments

	2026		2025
	£		£
Vehicle lease: Due within 1 year	5,006		4,035
Vehicle lease: Due 1-5 years	18,172		0
	23,178		4,035

7. Related party transactions

Transactions with the entity's director

	2026		2025
	£		£
Amounts advanced	440,039		522,516
Amounts repaid	(490,913)		(413,638)

At the year end the balance owing to the company was £ 7,879 (2025 £58,752.50). Interest is charged on loans at the official rate set by HMRC. The loan to the directors are repayable on demand.