REGISTERED NUMBER: 04594707 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

SPECIALISED PROCESS SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W J Cutland

Mrs M Cutland

SECRETARY:

W J Cutland

REGISTERED OFFICE:

9-13 High Street

Wells

Somerset

BA5 2AA

REGISTERED NUMBER:

04594707 (England and Wales)

ACCOUNTANTS:

Simmons Accountants Limited

Chartered Certified Accountants

13 High Street

Wells

Somerset

BA5 2AA

FIXED ASSETS

Tangible assets

4

5,000

11,491

CURRENT ASSETS

Stocks

11,674

14,304

Debtors

5

49,796

41,303

Cash at bank and in hand

141,179

305,730

202,649

361,337

CREDITORS

Amounts falling due within one year

6

47,575

112,361

NET CURRENT ASSETS

155,074

248,976

TOTAL ASSETS LESS CURRENT LIABILITIES

160,074

260,467

PROVISIONS FOR LIABILITIES

950

2,183

NET ASSETS

159,124

258,284

CAPITAL AND RESERVES

Called up share capital

250

250

Retained earnings

158,874

258,034

SHAREHOLDERS' FUNDS

159,124

258,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by:

W J Cutland - Director

Mrs M Cutland - Director

1.	STATUTORY INFORMATION

Specialised Process Solutions Ltd 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

-

33% on cost and at varying rates on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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.

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

and 31 January 2026

10,157

3,126

38,108

1,338

52,729

DEPRECIATION

At 1 February 2025

10,157

3,126

26,617

1,338

41,238

Charge for year

-

-

6,491

-

6,491

At 31 January 2026

10,157

3,126

33,108

1,338

47,729

NET BOOK VALUE

At 31 January 2026

-

-

5,000

-

5,000

At 31 January 2025

-

-

11,491

-

11,491

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

34,910

28,459

Other debtors

14,886

12,844

49,796

41,303

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

9,300

10,435

Taxation and social security

(119

)

26,848

Other creditors

38,394

75,078

47,575

112,361