Spry Pay Limited 31/10/2025 iXBRL

Company registration number: 04994940

Spry Pay Limited

Filleted financial statements

31 October 2025

Spry Pay Limited

Contents

Directors and other information

Directors responsibilities statement

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Spry Pay Limited

Directors and other information


Directors	S. Agarwal	(Resigned 3rd February 2026)
	R. J. B. Campbell	(Resigned 31st March 2026)
	W. Hussain	(Appointed 1st February 2026)


Company number	04994940


Registered office	382 Kenton Road
	Harrow
	Middlesex
	HA3 8DP


Auditor	H Two Ltd
	246 Park View
	Whitley Bay
	Tyne and Wear
	NE26 3QX


Accountants	DNS Accountants Ltd
	DNS House
	382 Kenton Road
	Harrow
	Middlesex
	HA3 8DP

Spry Pay Limited

Directors responsibilities statement

Year ended 31st October 2025

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Spry Pay Limited

Statement of financial position

31st October 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	6	542,392		502,175
		_______		_______
			542,392		502,175

Current assets
Debtors	7	547,939		617,390
Cash at bank and in hand		268,400		243,282
		_______		_______
		816,339		860,672
Creditors: amounts falling due
within one year	8	( 717,376)		( 765,499)
		_______		_______
Net current assets			98,963		95,173
			_________		_______
Total assets less current liabilities			641,355		597,348

			_______		_______
Net assets			641,355		597,348
			_______		_______

Capital and reserves
Called up share capital			100,005		100,005
Profit and loss account			541,350		497,343
			_______		_______
Shareholder funds			641,355		597,348
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 30 July 2026 , and are signed on behalf of the board by:

W. Hussain

Director

Company registration number: 04994940

Spry Pay Limited

Statement of changes in equity

Year ended 31st October 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1st November 2023	100,005	495,590	595,595

Profit for the year		1,753	1,753
	_______	_______	_______
Total comprehensive income for the year	-	1,753	1,753

	_______	_______	_______
At 31st October 2024 and 1st November 2024	100,005	497,342	597,347

Profit for the year		44,008	44,008
	_______	_______	_______
Total comprehensive income for the year	-	44,008	44,008

	_______	_______	_______
At 31st October 2025	100,005	541,350	641,355
	_______	_______	_______

Spry Pay Limited

Notes to the financial statements

Year ended 31st October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is DNS House, 382 Kenton Road, Harrow, Middlesex, HA3 8DP.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Research and development

Research expenditure is written off in the year in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 200 (2024: 200 ).

5. Directors remuneration

The directors aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	-	70,524
	_______	_______

6. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1st November 2024	836,958	836,958
Additions	40,217	40,217
	_______	_______
At 31st October 2025	877,175	877,175
	_______	_______
Amortisation
At 1st November 2024 and 31st October 2025	334,783	334,783
	_______	_______
Carrying amount
At 31st October 2025	542,392	542,392
	_______	_______
At 31st October 2024	502,175	502,175
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	234,841	280,109
Amounts owed by group undertakings and undertakings in which the company has a participating interest	-	-
Other debtors	313,098	337,281
	__________	_______
	547,939	617,390
	__________	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	58,772	53,606
Amounts owed to group undertakings and undertakings in which the company has a participating interest	-	-
Social security and other taxes	502,664	548,623
Other creditors	155,940	163,270
	__________	__________
	717,376	765,499
	__________	__________

9. Summary audit opinion

The auditor's report dated 30 July 2026 was unqualified.

The senior statutory auditor was Paul Hutchinson for and on behalf of H Two Ltd

10. Related party transactions

DNS Associates Ltd is a related party by virtue of having the same directors and shareholders. The balance outstanding from this related party was £300,070.13 as at 31st October 2025.