REGISTERED NUMBER: 10449688 (England and Wales)

SPH Commercials Limited

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Horan

Mrs C Horan

REGISTERED OFFICE:

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

REGISTERED NUMBER:

10449688 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Tangible assets

5

608,174

610,910

CURRENT ASSETS

Debtors

6

5,372

3,607

Cash at bank

5,145

8,115

10,517

11,722

CREDITORS

Amounts falling due within one year

7

218,104

286,215

NET CURRENT LIABILITIES

(207,587

)

(274,493

)

TOTAL ASSETS LESS CURRENT LIABILITIES

400,587

336,417

PROVISIONS FOR LIABILITIES

3,876

4,560

NET ASSETS

396,711

331,857

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

396,709

331,855

SHAREHOLDERS' FUNDS

396,711

331,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2026 and were signed on its behalf by:

Mr K Horan - Director

1.	STATUTORY INFORMATION

SPH Commercials Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Improvements to property

-

not provided

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

Plant and

and

property

property

machinery

fittings

Totals

£

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

364,001

228,670

47,266

12,412

652,349

DEPRECIATION

At 1 April 2025

-

-

32,722

8,717

41,439

Charge for year

-

-

2,182

554

2,736

At 31 March 2026

-

-

34,904

9,271

44,175

NET BOOK VALUE

At 31 March 2026

364,001

228,670

12,362

3,141

608,174

At 31 March 2025

364,001

228,670

14,544

3,695

610,910

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

5,372

3,607

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed to associates

185,143

256,068

Tax

21,572

21,260

VAT

2,867

2,900

Directors' loan accounts

7,357

4,857

Accrued expenses

1,165

1,130

218,104

286,215

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Interest is charged on the loan at 2.25% per annum.

9.	RELATED PARTY DISCLOSURES

There is a loan between the company and Staffordshire Plumbing and Heating Limited, a company which is under the control of Mr K Horan. The amount owed by the company at the balance sheet date was £185,143 (2025 - £256,068). The loan is unsecured and interest free.