1 January 2025 false No description of principal activity Taxfiler 2024.6 04582591business:PrivateLimitedCompanyLtd2025-01-012025-12-31 045825912024-12-31 045825912025-01-012025-12-31 04582591business:AuditExemptWithAccountantsReport2025-01-012025-12-31 04582591business:AbridgedAccounts2025-01-012025-12-31 045825912025-12-31 04582591business:Director12025-01-012025-12-31 04582591business:Director22025-01-012025-12-31 04582591business:Director32025-01-012025-12-31 04582591business:Director42025-01-012025-12-31 04582591business:CompanySecretary12025-01-012025-12-31 04582591business:RegisteredOffice2025-01-012025-12-31 045825912024-12-31 04582591core:WithinOneYear2025-12-31 04582591core:WithinOneYear2024-12-31 04582591core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 04582591core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 04582591core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 04582591core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 04582591core:PreviouslyStatedAmount2025-12-31 04582591core:PreviouslyStatedAmount2024-12-31 04582591business:SmallEntities2025-01-012025-12-31 04582591countries:EnglandWales2025-01-012025-12-31 04582591core:LandBuildings2025-01-012025-12-31 04582591core:FurnitureFittings2025-01-012025-12-31 04582591core:ComputerEquipment2025-01-012025-12-31 04582591core:BetweenOneFiveYears2025-12-31 04582591core:BetweenOneFiveYears2024-12-31 045825912024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 04582591 (England and Wales)
Sparks Ellison Limited Unaudited accounts for the year ended 31 December 2025
Sparks Ellison Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sparks Ellison Limited Company Information for the year ended 31 December 2025
Directors
Mr A B Sparks Mr M J Ellison Mrs Z V Sparks Mrs T L Ellison
Secretary
Mr M J Ellison
Company Number
04582591 (England and Wales)
Registered Office
94 Winchester Road Chandlers Ford Eastleigh Hampshire SO53 2GJ United Kingdom
Accountants
Hopper Williams & Bell Limited Highland House Mayflower Close Chandlers Ford Eastleigh SO53 4AR
- 3 -
Sparks Ellison Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,519 
7,942 
Investments
4,300 
4,300 
9,819 
12,242 
Current assets
Inventories
36,000 
28,450 
Debtors
23,007 
27,322 
Cash at bank and in hand
854,926 
926,275 
913,933 
982,047 
Creditors: amounts falling due within one year
(540,283)
(544,267)
Net current assets
373,650 
437,780 
Total assets less current liabilities
383,469 
450,022 
Provisions for liabilities
Deferred tax
(315)
(150)
Net assets
383,154 
449,872 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
383,150 
449,868 
Shareholders' funds
383,154 
449,872 
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 13 August 2026 and were signed on its behalf by
Mr M J Ellison Director Company Registration No. 04582591
- 4 -
Sparks Ellison Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Sparks Ellison Limited is a private company, limited by shares, registered in England and Wales, registration number 04582591. The registered office is 94 Winchester Road, Chandlers Ford, Eastleigh, Hampshire, SO53 2GJ, United Kingdom.
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
These financial statements have been prepared in accordance with FRS102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1. The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.
Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. For property sales, commission income is recognised upon completion of the property transaction. For lettings related income, commission is recognised over the relevant occupancy period.
Tangible fixed assets and depreciation
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land & buildings
10% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
- 5 -
Sparks Ellison Limited Notes to the Accounts for the year ended 31 December 2025
Financial Assets
The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial Liabilities
Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Equity Instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company
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.
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.
Other Investments
Other investments are valued at cost.
- 6 -
Sparks Ellison Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2025
76,517 
Additions
531 
Disposals
(26,310)
At 31 December 2025
50,738 
Depreciation
At 1 January 2025
68,575 
Charge for the year
2,954 
On disposals
(26,310)
At 31 December 2025
45,219 
Net book value
At 31 December 2025
5,519 
At 31 December 2024
7,942 
5
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
27,500 
27,500 
Later than one year and not later than five years
32,175 
59,675 
59,675 
87,175 
6
Loans to directors
During the year advances totalling £7,160 were made to the company's directors. £1,950 was repaid prior to the year-end. The balance outstanding at the year-end was £5,210 (2024 £nil). No interest is payable and the advances are repayable on demand.
7
Average number of employees
During the year the average number of employees was 13 (2024: 14).
- 7 -