Spencer Curtis Estates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04111259 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th November 2025

for

Spencer Curtis Estates Limited

Page

Company information

1

Abridged statement of financial position

2

Notes to the financial statements

4

Directors:

S D Groffman

S J Tatum

Secretary:

S D Groffman

Registered office:

Abacus House

14-18 Forest Road

Loughton

Essex

IG10 1DX

Registered number:

04111259 (England and Wales)

Accountants:

Cooper Paul

Abacus House

14-18 Forest Road

Loughton

Essex

IG10 1DX

Fixed assets

Tangible assets

4

9,788

13,032

Current assets

Debtors

15,138

26,070

Cash at bank

6,130

13,579

21,268

39,649

Creditors

Amounts falling due within one year

(19,053

)

(31,513

)

Net current assets

2,215

8,136

Total assets less current liabilities

12,003

21,168

Creditors

Amounts falling due after more than one
year

(1,960

)

(7,272

)

Provisions for liabilities

(2,447

)

(3,258

)

Net assets

7,596

10,638

Capital and reserves

Called up share capital

100

Retained earnings

7,496

10,538

Shareholders' funds

7,596

10,638

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

All the members have consented to the preparation of an abridged Statement of income and retained earnings and an abridged Statement of financial position for the year ended 30th November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 21st August 2026 and were signed on its behalf by:

S D Groffman - Director

1.	Statutory information

Spencer Curtis Estates 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.

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 etc

-

25% on reducing balance and 20% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 6 ) .

4.	Tangible fixed assets

Totals

£

Cost

At 1st December 2024

and 30th November 2025

29,950

Depreciation

At 1st December 2024

16,918

Charge for year

3,244

At 30th November 2025

20,162

Net book value

At 30th November 2025

9,788

At 30th November 2024

13,032

5.	Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

Net obligations repayable:

Within one year

5,314

4,583

Between one and five years

1,960

7,272

7,274

11,855

Non-cancellable

operating leases

2025

2024

£

Within one year

4,578

Between one and five years

13,844

18,422

6.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 30th November 2025 and 30th November 2024:

2025

2024

£

A Groffman

Balance outstanding at start of year

(8,850

)

(10,261

)

Amounts advanced

-

30,600

Amounts repaid

-

(29,189

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(8,850

)

(8,850

)

S D Groffman

Balance outstanding at start of year

(4,011

)

-

Amounts advanced

3,806

-

Amounts repaid

-

(4,011

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(205

)

(4,011

)

H C Tipple

Balance outstanding at start of year

(4,435

)

-

Amounts advanced

4,435

18,910

Amounts repaid

-

(23,345

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

(4,435

)