P.A. Sparks & Sons Limited

P.A. Sparks & Sons Limited
Contents Page
For the year ended 31 July 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

P.A. Sparks & Sons Limited Accountants' Report For the year ended 31 July 2026
Accountants report You consider that the company is exempt from an audit for the year ended 31 July 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... Roxy Laing Limited 15 Hearle Way Hatfield Hertfordshire AL10 9EW 16 September 2026 1

P.A. Sparks & Sons Limited
Accountants' Report
For the year ended 31 July 2026

Accountants report
You consider that the company is exempt from an audit for the year ended 31 July 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

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

Roxy Laing Limited
15 Hearle Way
Hatfield
Hertfordshire
AL10 9EW
16 September 2026

1

P.A. Sparks & Sons Limited
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	97,166	85,884
		97,166	85,884
Current assets
Stocks		16,240	13,480
Debtors		433,364	515,106
Investments		48,250	10,000
Cash at bank and in hand		198,591	205,252
		696,445	743,838
Creditors: amount falling due within one year		(307,727)	(416,185)
Net current assets		388,718	327,653

Total assets less current liabilities		485,884	413,537
Creditors: amount falling due after more than one year		(24,349)	(24,155)
Provisions for liabilities		(24,201)	(21,471)
Net assets		437,334	367,911

Capital and reserves
Called up share capital		100	100
Profit and loss account		437,234	367,811
Shareholders' funds		437,334	367,911

For the year ended 31 July 2026 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 year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 15 September 2026 and were signed by:

-------------------------------
P H Sparks
Director

2

P.A. Sparks & Sons Limited
Notes to the Abridged Financial Statements
For the year ended 31 July 2026

General Information

P.A. Sparks & Sons Limited is a private company, limited by shares, registered in England and Wales, registration number 05475900, registration address 15 Hearle Way, Hatfield Business Park, Hatfield, Hertfordshire, AL10 9EW. The trading address of the company is 26 The Broadway, Loughton, Essex, IG10 3ST.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Current asset investments

Current asset investments are stated at the lower of cost and net realisable value.

2.	Average number of employees Average number of employees during the year was 5 (2025 : 7).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 August 2025	63,077	139,095	44,050	246,222
Additions	2,751	40,135	1,472	44,358
Disposals	-	(19,575)	-	(19,575)
At 31 July 2026	65,828	159,655	45,522	271,005
Depreciation
At 01 August 2025	26,987	111,815	21,536	160,338
Charge for year	9,710	16,962	5,996	32,668
On disposals	-	(19,167)	-	(19,167)
At 31 July 2026	36,697	109,610	27,532	173,839
Net book values
Closing balance as at 31 July 2026	29,131	50,045	17,990	97,166
Opening balance as at 01 August 2025	36,090	27,280	22,514	85,884

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