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Company Registration No. 02943834 (England and Wales)
D.E. Spencer & Sons (UK) Limited Unaudited accounts for the year ended 31 December 2025
D.E. Spencer & Sons (UK) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
D.E. Spencer & Sons (UK) Limited Company Information for the year ended 31 December 2025
Directors
Clive Spencer David Spencer
Secretary
Clive Spencer
Company Number
02943834 (England and Wales)
Registered Office
D E SPENCER & SONS THE OFFICE NUPEND STONEHOUSE GLOUCESTERSHIRE GL10 3SS
- 3 -
D.E. Spencer & Sons (UK) Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
19,626 
23,866 
Investments
5
53,082 
46,906 
72,708 
70,772 
Current assets
Debtors
6
105,157 
103,315 
Cash at bank and in hand
63,889 
59,612 
169,046 
162,927 
Creditors: amounts falling due within one year
7
(14,992)
(8,336)
Net current assets
154,054 
154,591 
Total assets less current liabilities
226,762 
225,363 
Provisions for liabilities
Deferred tax
(8,157)
(3,254)
Net assets
218,605 
222,109 
Capital and reserves
Called up share capital
2 
2 
Fair value reserve
18,873 
17,124 
Profit and loss account
199,730 
204,983 
Shareholders' funds
218,605 
222,109 
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. 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 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 of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by
Clive Spencer Director Company Registration No. 02943834
- 4 -
D.E. Spencer & Sons (UK) Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
D.E. Spencer & Sons (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 02943834. The registered office is D E SPENCER & SONS THE OFFICE, NUPEND, STONEHOUSE, GLOUCESTERSHIRE, GL10 3SS.
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 remained unchanged from the previous year, and also 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.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company?s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.
- 5 -
D.E. Spencer & Sons (UK) Limited Notes to the Accounts for the year ended 31 December 2025
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
15% of the reducing balance
Motor vehicles
25% of the reducing balance
Fixtures & fittings
15% of the reducing balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Investments
Investments in shares are included at fair value.
Pension costs
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.
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 January 2025
121,827 
16,904 
11,531 
650 
150,912 
Additions
- 
- 
- 
798 
798 
Disposals
(6,000)
- 
- 
- 
(6,000)
At 31 December 2025
115,827 
16,904 
11,531 
1,448 
145,710 
Depreciation
At 1 January 2025
105,305 
10,400 
10,951 
390 
127,046 
Charge for the year
2,396 
1,627 
82 
265 
4,370 
On disposals
(5,332)
- 
- 
- 
(5,332)
At 31 December 2025
102,369 
12,027 
11,033 
655 
126,084 
Net book value
At 31 December 2025
13,458 
4,877 
498 
793 
19,626 
At 31 December 2024
16,522 
6,504 
580 
260 
23,866 
5
Investments
Other investments 
£ 
Valuation at 1 January 2025
46,906 
Fair value adjustments
6,176 
Valuation at 31 December 2025
53,082 
- 6 -
D.E. Spencer & Sons (UK) Limited Notes to the Accounts for the year ended 31 December 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
1,056 
1,139 
Trade debtors
13,141 
10,026 
Accrued income and prepayments
500 
- 
Other debtors
90,460 
92,150 
105,157 
103,315 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
4,839 
- 
Taxes and social security
2,607 
2,485 
Other creditors
1,444 
- 
Loans from directors
4,663 
3,851 
Accruals
1,439 
2,000 
14,992 
8,336 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Clive Spencer
Directors Loan Account
(3,851)
(812)
- 
(4,663)
David Spencer
Directors Loan Account
68,615 
(1,311)
- 
67,304 
64,764 
(2,123)
- 
62,641 
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -