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Company Registration No. 15521143 (England and Wales)
Spicymama Ltd Unaudited accounts for the year ended 28 February 2026
Spicymama Ltd Unaudited accounts Contents
Page
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Spicymama Ltd Company Information for the year ended 28 February 2026
Director
Mrs Muangsap Sonthikan
Company Number
15521143 (England and Wales)
Registered Office
66-68 Crouch End Hill London N8 8AG United Kingdom
Accountants
Kapook Accountancy Certified Practising Accountants (ICPA) 94 Caledonian Road London N1 9DN
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Spicymama Ltd Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,189 
2,619 
Current assets
Inventories
2,978 
3,012 
Debtors
81,718 
60,952 
Cash at bank and in hand
1,162 
3,591 
85,858 
67,555 
Creditors: amounts falling due within one year
(64,029)
(63,317)
Net current assets
21,829 
4,238 
Total assets less current liabilities
24,018 
6,857 
Creditors: amounts falling due after more than one year
(11,360)
- 
Net assets
12,658 
6,857 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,558 
6,757 
Shareholders' funds
12,658 
6,857 
For the year ending 28 February 2026 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 director acknowledges her 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 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 and authorised for issue on 20 August 2026 and were signed on its behalf by
Mrs Muangsap Sonthikan Director Company Registration No. 15521143
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Spicymama Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Spicymama Ltd is a private company, limited by shares, registered in England and Wales, registration number 15521143. The registered office is 66-68 Crouch End Hill, London, N8 8AG, 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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
@25% Reducing Method
Fixtures & fittings
@25% Reducing Method
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Spicymama Ltd Notes to the Accounts for the year ended 28 February 2026
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2025
292 
3,200 
3,492 
Additions
254 
46 
300 
At 28 February 2026
546 
3,246 
3,792 
Depreciation
At 1 March 2025
73 
800 
873 
Charge for the year
118 
612 
730 
At 28 February 2026
191 
1,412 
1,603 
Net book value
At 28 February 2026
355 
1,834 
2,189 
At 28 February 2025
219 
2,400 
2,619 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
618 
60,952 
Other debtors
81,100 
- 
81,718 
60,952 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
59,444 
53,961 
Taxes and social security
4,568 
9,030 
Loans from directors
17 
326 
64,029 
63,317 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
7,410 
- 
Taxes and social security
3,950 
- 
11,360 
- 
8
Share capital
2026 
2025 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 18 (2025: 21).
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