SPA Landscaping Limited - Period Ending 2026-06-30

Registration number: 04240438

SPA Landscaping Limited

Unaudited Financial Statements

for the Year Ended 30 June 2026

SPA Landscaping Limited

(Registration number: 04240438)

Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	3	745,849	813,948
Current assets
Stocks		1,121,797	877,864
Debtors	4	669,300	688,949
Cash at bank and in hand		1,578,690	1,112,615
		3,369,787	2,679,428
Creditors: Amounts falling due within one year	5	(1,693,867)	(1,430,682)
Net current assets		1,675,920	1,248,746
Total assets less current liabilities		2,421,769	2,062,694
Creditors: Amounts falling due after more than one year	5	(191,776)	(218,797)
Provisions for liabilities		(166,497)	(180,620)
Net assets		2,063,496	1,663,277
Capital and reserves
Called up share capital	7	1,000	1,000
Retained earnings		2,062,496	1,662,277
Shareholders' funds		2,063,496	1,663,277

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

These financial statements, which have 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 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 24 September 2026 and signed on its behalf by:

.........................................
A S Anthony
Director

.........................................
L S Davies
Director

SPA Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1	Accounting policies

Statutory information

SPA Landscaping Limited is a private company, limited by shares, domiciled in England and Wales, company number 04240438. The registered office is at 22 Orgreave Close, Dore House Industrial Estate, Sheffield, S13 9NP.

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. There have been no material departures from this standard.

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. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

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 and after eliminating sales within the company. Revenue is recognised at the point of sale of goods and upon delivery of services provided.

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.

Deferred tax shall be recognised in respect of all timing differences at the reporting date, except as otherwise required by FRS102. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that 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 income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

SPA Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026 (continued)

1	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	20% straight line
Plant and machinery	25% reducing balance
Fixtures and fittings	25% reducing balance
Motor vehicles	20% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease. Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

Derivative financial instruments

Forward foreign currency contracts are initially recognised at fair value on the date a contract is entered into and are subsequently remeasured at their fair value at each reporting date. Changes in fair value are recognised in profit and loss in finance costs or income, as appropriate.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 52 (2025 - 54).

SPA Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026 (continued)

3	Tangible assets

Leasehold improvements
£

Plant and machinery
£

Fixtures and fittings
£

Motor vehicles
£

Total
£

Cost

At 1 July 2025

98,500

682,701

78,059

819,555

1,678,815

Additions

-

32,457

6,451

157,229

196,137

Disposals

-

(45,862)

(640)

(145,170)

(191,672)

At 30 June 2026

98,500

669,296

83,870

831,614

1,683,280

Depreciation

At 1 July 2025

93,650

420,968

44,900

305,349

864,867

Charge for the year

4,443

67,824

9,038

105,348

186,653

Eliminated on disposal

-

(32,368)

(309)

(81,412)

(114,089)

At 30 June 2026

98,093

456,424

53,629

329,285

937,431

Carrying amount

At 30 June 2026

407

212,872

30,241

502,329

745,849

At 30 June 2025

4,850

261,733

33,159

514,206

813,948

Finance leased assets

Included within the net book value of tangible fixed assets is £131,228 (2025 - £48,223) in respect of assets held under hire purchase and finance lease agreements. Depreciation for the year on these assets was £15,680 (2025 - £8,017).

Page 4

SPA Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026 (continued)

Debtors

	2026 £	2025 £
Trade debtors	614,343	584,370
Prepayments	54,957	44,579
Other debtors	-	60,000
	669,300	688,949

Creditors

	2026 £	2025 £
Due within one year
Bank borrowings	49,166	73,377
HP and finance lease liabilities	45,821	17,863
Trade creditors	251,187	290,368
Taxation and social security	672,747	516,702
Accruals and deferred income	52,148	48,083
Other creditors	622,798	484,289
	1,693,867	1,430,682

2026
£

2025
£

Due after one year

Bank borrowings

161,523

211,623

HP and finance lease liabilities

30,253

7,174

191,776

218,797

Bank borrowings are secured by a fixed and floating charge over the assets of the company.

Obligations under finance leases and hire purchase contracts are secured on the assets concerned.

6	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £150,167 (2025 - £83,333).

SPA Landscaping Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026 (continued)

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
'A' Ordinary shares of £1 each	330	330	330	330
'B' Ordinary shares of £1 each	50	50	50	50
'C' Ordinary shares of £1 each	50	50	50	50
'D' Ordinary shares of £1 each	275	275	275	275
'E' Ordinary shares of £1 each	285	285	285	285
'F' Ordinary shares of £1 each	10	10	10	10
	1,000	1,000	1,000	1,000

	Leasehold improvements £	Plant and machinery £	Fixtures and fittings £	Motor vehicles £	Total £
Cost
At 1 July 2025	98,500	682,701	78,059	819,555	1,678,815
Additions	-	32,457	6,451	157,229	196,137
Disposals	-	(45,862)	(640)	(145,170)	(191,672)
At 30 June 2026	98,500	669,296	83,870	831,614	1,683,280
Depreciation
At 1 July 2025	93,650	420,968	44,900	305,349	864,867
Charge for the year	4,443	67,824	9,038	105,348	186,653
Eliminated on disposal	-	(32,368)	(309)	(81,412)	(114,089)
At 30 June 2026	98,093	456,424	53,629	329,285	937,431
Carrying amount
At 30 June 2026	407	212,872	30,241	502,329	745,849
At 30 June 2025	4,850	261,733	33,159	514,206	813,948

	2026 £	2025 £
Due after one year
Bank borrowings	161,523	211,623
HP and finance lease liabilities	30,253	7,174
	191,776	218,797