Registration number: 08974011

Herbert Spares Limited

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Balance Sheet	4
Notes to the Unaudited Financial Statements	5 to 9

Herbert Spares Limited

Company Information

Director

Mr Anthony Kenneth Powell

Registered office

Unit 8 The Courtyard Goldsmith Way Eliot Business Park Nuneaton Warwickshire CV10 7RJ

Accountants

Pattinsons Business Services Ltd 8 The Courtyard Goldsmith Way Eliot Business Park Nuneaton CV10 7RJ

Herbert Spares Limited

Director's Report for the Period from 1 May 2025 to 31 December 2025

The director presents his report and the financial statements for the period from 1 May 2025 to 31 December 2025.

Director of the company

The director who held office during the period was as follows:

Mr Anthony Kenneth Powell

Principal activity

The principal activity of the company is that of machine part sales.

Going concern

The company ceased to trade on 31 December 2025 and the financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company’s assets down to net realisable value. Provisions have also been made in respect of contracts which have become onerous at the reporting date. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the director on 3 September 2026 and signed on its behalf by:

.........................................
Mr Anthony Kenneth Powell
Director

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Herbert Spares Limited
for the Period Ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Herbert Spares Limited for the period ended 31 December 2025 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Herbert Spares Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Herbert Spares Limited and state those matters that we have agreed to state to the Board of Directors of Herbert Spares Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Herbert Spares Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Herbert Spares Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Herbert Spares Limited. You consider that Herbert Spares Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Herbert Spares Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Pattinsons Business Services Ltd
8 The Courtyard
Goldsmith Way
Eliot Business Park
Nuneaton
CV10 7RJ

3 September 2026

Herbert Spares Limited

(Registration number: 08974011)
Balance Sheet as at 31 December 2025

	Note	December 2025 £	April 2025 £
Fixed assets
Tangible assets	5	-	2,516
Current assets
Debtors	6	4,205	10,000
Cash at bank and in hand		18,845	37,500
		23,050	47,500
Creditors: Amounts falling due within one year	7	(16,211)	(16,621)
Net current assets		6,839	30,879
Total assets less current liabilities		6,839	33,395
Provisions for liabilities		-	(478)
Net assets		6,839	32,917
Capital and reserves
Called up share capital	8	100	100
Retained earnings		6,739	32,817
Shareholders' funds		6,839	32,917

For the financial period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 3 September 2026
 

......................................... Mr Anthony Kenneth Powell Director

Herbert Spares Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2025 to 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
Unit 8 The Courtyard
Goldsmith Way
Eliot Business Park
Nuneaton
Warwickshire
CV10 7RJ

These financial statements were authorised for issue by the director on 3 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Herbert Spares Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2025 to 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing balance
Office Equipment	15% Reducing balance
Computer Equipment	3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Herbert Spares Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2025 to 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks, other third parties and loans to related parties.

3	Staff numbers

The average number of persons employed by the company during the period, was 0 (2025 - 1).

4	Loss/profit before tax

Arrived at after charging/(crediting)

	December 2025 £	April 2025 £
Depreciation expense	731	760

Herbert Spares Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2025 to 31 December 2025

5	Tangible assets

	Office equipment  £	Plant and machinery £	Computer equipment  £	Total £
Cost or valuation
At 1 May 2025	2,455	3,860	4,656	10,971
Additions	-	1,500	-	1,500
Disposals	(2,455)	(5,360)	(4,656)	(12,471)
At 31 December 2025	-	-	-	-
Depreciation
At 1 May 2025	1,090	3,214	4,151	8,455
Charge for the period	237	158	337	732
Eliminated on disposal	(1,327)	(3,372)	(4,488)	(9,187)
At 31 December 2025	-	-	-	-
Carrying amount
At 31 December 2025	-	-	-	-
At 30 April 2025	1,365	646	505	2,516

6

Debtors

	December 2025 £	April 2025 £
Trade debtors	-	-
Other debtors	4,205	10,000
	4,205	10,000

7

Creditors

Creditors: amounts falling due within one year

	Note	December 2025 £	April 2025 £
Due within one year
Trade creditors		1,153	-
Taxation and social security		7,728	11,215
Other creditors		7,330	5,406
		16,211	16,621

Herbert Spares Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2025 to 31 December 2025

8	Share capital

Allotted, called up and fully paid shares

	December 2025		April 2025
	No.	£	No.	£
Ordinary shares of £1 each	50	50	50	50
Ordinary A shares of £1 each	50	50	50	50
	100	100	100	100

9	Related party transactions

Transactions with the director

2025	At 1 May 2025 £	Advances to director £	Repayments by director £	At 31 December 2025 £
Loan to director	(406)	27,544	(23,082)	4,056

2025	At 1 May 2024 £	Advances to director £	Repayments by director £	At 30 April 2025 £
Loan to director	(536)	20,002	(19,872)	(406)