Sphere Accountancy Limited

Sphere Accountancy Limited
Contents Page
For the year ended 28 February 2026

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

Sphere Accountancy Limited Accountants' Report For the year ended 28 February 2026
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Sphere Accountancy Limited for the year ended 28 February 2026. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sphere Accountancy Limited for the year ended 28 February 2026 which comprise of 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 company’s accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Sphere Accountancy Limited , as a body, in accordance with the terms of our engagement letter dated 09 October 2026. Our work has been undertaken solely to prepare for your approval the accounts of Sphere Accountancy Limited and state those matters that we have agreed to state to the Board of Directors of Sphere Accountancy Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sphere Accountancy Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Sphere Accountancy 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 profit of Sphere Accountancy Limited . You consider that Sphere Accountancy Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Sphere Accountancy 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 28 February 2026. .................................................... RCi Chartered Accountants & Registered Auditors 59 Union Street Dunstable LU6 1EX 09 October 2026 1

Sphere Accountancy Limited
Accountants' Report
For the year ended 28 February 2026

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Sphere Accountancy Limited for the year ended 28 February 2026.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sphere Accountancy Limited for the year ended 28 February 2026 which comprise of 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 company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Sphere Accountancy Limited , as a body, in accordance with the terms of our engagement letter dated 09 October 2026. Our work has been undertaken solely to prepare for your approval the accounts of Sphere Accountancy Limited and state those matters that we have agreed to state to the Board of Directors of Sphere Accountancy Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sphere Accountancy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sphere Accountancy 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 profit of Sphere Accountancy Limited . You consider that Sphere Accountancy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Sphere Accountancy 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

28 February 2026.

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

RCi Chartered Accountants & Registered Auditors
59 Union Street
Dunstable
LU6 1EX
09 October 2026

1

Sphere Accountancy Limited
Statement of Financial Position
As at 28 February 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	26,520	15,741
Investments	4	51,500	151,500
		78,020	167,241
Current assets
Debtors		47,826	25,387
Cash at bank and in hand		8,629	3,539
		56,455	28,926
Creditors: amount falling due within one year		(56,081)	(127,731)
Net current assets		374	(98,805)

Total assets less current liabilities		78,394	68,436
Creditors: amount falling due after more than one year		(77,777)	(81,181)
Net assets		617	(12,745)

Capital and reserves
Called up share capital	5	100	100
Profit and loss account		517	(12,845)
Shareholders' funds		617	(12,745)

For the year ended 28 February 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.
The directors acknowledge 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 board of directors on 09 October 2026 and were signed on its behalf by:

-------------------------------
Md Shahadat Hossain
Director

2

Sphere Accountancy Limited
Notes to the Abridged Financial Statements
For the year ended 28 February 2026

General Information

Sphere Accountancy Limited is a private company, limited by shares, registered in England and Wales, registration number 11818181, registration address Unit 1, 61 Union Street, Dunstable, LU6 1EX.

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.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
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:

Motor Vehicles

8 Straight Line

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 3 (2025 : 4).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 March 2025	26,850	-	2,665	29,515
Additions	-	17,072	-	17,072
Disposals	-	-	-	-
At 28 February 2026	26,850	17,072	2,665	46,587
Depreciation
At 01 March 2025	12,837	-	937	13,774
Charge for year	3,356	2,554	383	6,293
On disposals	-	-	-	-
At 28 February 2026	16,193	2,554	1,320	20,067
Net book values
Closing balance as at 28 February 2026	10,657	14,518	1,345	26,520
Opening balance as at 01 March 2025	14,013	-	1,728	15,741

4.

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 March 2025	51,500	51,500
Additions	-	-
Disposals	-	-
At 28 February 2026	51,500	51,500

5.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100

3