Sparks & Co (Builders Merchants) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01235222

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,402		28,535

			21,402		28,535
CURRENT ASSETS
Stocks	5	215,177		183,784
Debtors	6	89,007		73,254
Cash at bank and in hand		63,419		170,993

		367,603		428,031
Creditors: Amounts Falling Due Within One Year	7	(124,876 )		(164,763 )

NET CURRENT ASSETS (LIABILITIES)			242,727		263,268

TOTAL ASSETS LESS CURRENT LIABILITIES			264,129		291,803

Creditors: Amounts Falling Due After More Than One Year	8		-		(5,118 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,461 )		(2,461 )

NET ASSETS			261,668		284,224

CAPITAL AND RESERVES
Called up share capital	10		132		132
Profit and Loss Account			261,536		284,092

SHAREHOLDERS' FUNDS			261,668		284,224

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Sparks & Co (Builders Merchants) Limited

Balance Sheet (continued)

As At 31 December 2025

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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Sparks

Director

26th March 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Sparks & Co (Builders Merchants) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01235222 . The registered office is 1 The Timber Yard,, Hever Court Road, Gravesend, Kent, DA12 5UR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

25% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

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Sparks & Co (Builders Merchants) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2025	123,411	98,766	222,177

As at 31 December 2025	123,411	98,766	222,177

Depreciation
As at 1 January 2025	123,411	70,231	193,642
Provided during the period	-	7,133	7,133

As at 31 December 2025	123,411	77,364	200,775

Net Book Value
As at 31 December 2025	-	21,402	21,402

As at 1 January 2025	-	28,535	28,535

5. Stocks

	2025	2024
	£	£
Stock	215,177	183,784

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	78,895	64,574
Other debtors	10,112	8,680

	89,007	73,254

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	38,482	64,395
Other creditors	62,279	82,155
Taxation and social security	24,115	18,213

	124,876	164,763

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	5,118

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Sparks & Co (Builders Merchants) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	-	5,118

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	132	132

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