| REGISTERED NUMBER: |
| SPRUCEWOOD LTD |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 NOVEMBER 2024 TO 30 APRIL 2026 |
| REGISTERED NUMBER: |
| SPRUCEWOOD LTD |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 NOVEMBER 2024 TO 30 APRIL 2026 |
| SPRUCEWOOD LTD (REGISTERED NUMBER: NI673052) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 NOVEMBER 2024 TO 30 APRIL 2026 |
| Page |
| Company Information | 1 |
| Chartered Accountants' Report | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 5 |
| SPRUCEWOOD LTD |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 NOVEMBER 2024 TO 30 APRIL 2026 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Church House |
| 24 Dublin Road |
| OMAGH |
| Co. Tyrone |
| BT78 1HE |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| SPRUCEWOOD LTD |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the period ended 30 April 2026 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us. |
| This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report. |
| We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements. |
| You have acknowledged on the Balance Sheet as at 30 April 2026 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the period. |
| We have not been instructed to carry out an audit of the financial statements. 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 financial statements. |
| Chartered Accountants |
| Church House |
| 24 Dublin Road |
| OMAGH |
| Co. Tyrone |
| BT78 1HE |
| Date: ............................................. |
| SPRUCEWOOD LTD (REGISTERED NUMBER: NI673052) |
| BALANCE SHEET |
| 30 APRIL 2026 |
| 2026 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| SPRUCEWOOD LTD (REGISTERED NUMBER: NI673052) |
| BALANCE SHEET - continued |
| 30 APRIL 2026 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| SPRUCEWOOD LTD (REGISTERED NUMBER: NI673052) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 NOVEMBER 2024 TO 30 APRIL 2026 |
| 1. | STATUTORY INFORMATION |
| Sprucewood Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements are prepared in sterling which is the functional currency of the company. |
| 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. |
| Fixtures & fittings - 15% straight line |
| Motor vehicles - 15% straight line |
| Computer Equipment - 15% straight line |
| Plant & Machinery - 15% straight line |
| Tangible fixed assets are stated at cost or valuation, net of depreciation and any provisions for impairment. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| SPRUCEWOOD LTD (REGISTERED NUMBER: NI673052) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 NOVEMBER 2024 TO 30 APRIL 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 period 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 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. |
| Debtors and creditors receivable/payable within one year |
| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transactional price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| SPRUCEWOOD LTD (REGISTERED NUMBER: NI673052) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 NOVEMBER 2024 TO 30 APRIL 2026 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Fixtures | Motor |
| machinery | & fittings | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 November 2024 |
| Additions |
| At 30 April 2026 |
| DEPRECIATION |
| At 1 November 2024 |
| Charge for period |
| At 30 April 2026 |
| NET BOOK VALUE |
| At 30 April 2026 |
| At 31 October 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |