REGISTERED NUMBER: 05273927 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

S & P Supplies Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

S Smith

Mrs W Smith

SECRETARY:

S Smith

REGISTERED OFFICE:

Unit 38a Heysham Business Park

Middleton

Morecambe

LA3 3PP

REGISTERED NUMBER:

05273927 (England and Wales)

ACCOUNTANTS:

DWilkinson&Company

No 1 Whitehall Riverside

1 Riverside Way

Leeds

West Yorkshire

LS1 4BN

FIXED ASSETS

Tangible assets

4

1,243

930

CURRENT ASSETS

Stocks

1,992

3,327

Debtors

5

7,892

20,703

Cash at bank and in hand

14,977

19,585

24,861

43,615

CREDITORS

Amounts falling due within one year

6

18,498

39,253

NET CURRENT ASSETS

6,363

4,362

TOTAL ASSETS LESS CURRENT LIABILITIES

7,606

5,292

PROVISIONS FOR LIABILITIES

7

236

177

NET ASSETS

7,370

5,115

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

6,370

4,115

SHAREHOLDERS' FUNDS

7,370

5,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 April 2026 and were signed on its behalf by:

S Smith - Director

1.	STATUTORY INFORMATION

S & P Supplies Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 November 2024

3,787

-

3,787

Additions

-

532

532

At 31 October 2025

3,787

532

4,319

DEPRECIATION

At 1 November 2024

2,857

-

2,857

Charge for year

139

80

219

At 31 October 2025

2,996

80

3,076

NET BOOK VALUE

At 31 October 2025

791

452

1,243

At 31 October 2024

930

-

930

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

7,892

20,703

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

3,923

11,538

Tax

469

556

Social security and other taxes

2

2

VAT

6,057

7,189

Directors' current accounts

6,677

18,638

Accrued expenses

1,370

1,330

18,498

39,253

Loans from directors are provided interest free and are repayable on demand.

7.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

236

177

Deferred

tax

£

Balance at 1 November 2024

177

Accelerated capital allowances

59

Balance at 31 October 2025

236

The deferred tax balance relates wholly to accelerated capital allowances.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

1,000

Ordinary shares

£1.00

1,000

1,000