REGISTERED NUMBER: 05286860 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

THE SPRAYGUN COMPANY LTD.

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Tangible assets

4

6,581

8,776

Current assets

Stocks

93,314

123,821

Debtors

5

5,796

24,570

Cash at bank and in hand

51,457

77,669

150,567

226,060

Creditors

Amounts falling due within one year

6

182,380

192,428

Net current (liabilities)/assets

(31,813

)

33,632

Total assets less current liabilities

(25,232

)

42,408

Creditors

Amounts falling due after more than one year

7

-

(10,429

)

Provisions for liabilities

8

-

(1,668

)

Net (liabilities)/assets

(25,232

)

30,311

Capital and reserves

Called up share capital

9

2

2

Retained earnings

(25,234

)

30,309

Shareholders' funds

(25,232

)

30,311

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

Mr R Milliner - Director

Mr G Mumford - Director

1.	Statutory information

The Spraygun Company Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05286860. The registered office, and business address, is Unit 6 Blackhill Road West, Holton Heath Trading Park, Poole, Dorset, BH16 6LW.

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.

The Company has made a loss during the year and has a deficiency of assets at the year end of £25,232. The Company is dependent upon the continued support of its directors. The directors have confirmed their support of the Company over the next 12 months, in order that it can meet its day to day working capital requirements

Turnover

Turnover represents income generated from the online retail and distribution of spraygun equipment and accessories, net of VAT.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 December 2024

and 30 November 2025

8,607

6,655

29,016

44,278

Depreciation

At 1 December 2024

7,569

6,001

21,932

35,502

Charge for year

260

164

1,771

2,195

At 30 November 2025

7,829

6,165

23,703

37,697

Net book value

At 30 November 2025

778

490

5,313

6,581

At 30 November 2024

1,038

654

7,084

8,776

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

5,079

4,127

Other debtors

-

1,544

Tax

717

-

Prepayments and accrued income

-

18,899

5,796

24,570

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

10,437

10,208

Trade creditors

34,703

77,999

Amounts owed to associates

52,000

60,000

Tax

-

717

Social security and other taxes

2,300

3,020

VAT

24,758

22,110

Other creditors

34,751

695

Directors' current accounts

18,751

12,729

Accruals and deferred income

4,680

4,950

182,380

192,428

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans - 1-2 years

-

10,429

8.	Provisions for liabilities

2025

2024

£

£

Deferred tax

Accelerated capital allowances

-

1,668

Deferred

tax

£

Balance at 1 December 2024

1,668

Provided during year

(1,668

)

Balance at 30 November 2025

-

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

78

Ordinary

£0.01

1

1

120

Ordinary A

£0.01

1

1

2

Ordinary B

£0.01

-

-

2

2

During the period 2 Ordinary shares were reclassified to 2 Ordinary B shares.

10.	Ultimate controlling party

The company is controlled by its directors who between them own 100% of the issued voting share capital.