REGISTERED NUMBER: 01769751 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2026

FOR

SPENFLEX LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss J Shah

SECRETARY:

Miss J Shah

REGISTERED OFFICE:

52 The Ridings

London

W5 3DR

REGISTERED NUMBER:

01769751 (England and Wales)

FIXED ASSETS

Tangible assets

4

260

347

Investment property

5

217,000

240,000

217,260

240,347

CURRENT ASSETS

Debtors

6

272

326

Cash at bank

585,097

624,143

585,369

624,469

CREDITORS

Amounts falling due within one year

7

189,342

209,806

NET CURRENT ASSETS

396,027

414,663

TOTAL ASSETS LESS CURRENT LIABILITIES

613,287

655,010

CAPITAL AND RESERVES

Called up share capital

8

25,000

25,000

Fair value reserve

9

168,501

191,501

Retained earnings

419,786

438,509

SHAREHOLDERS' FUNDS

613,287

655,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 30th September 2026 and were signed by:

Miss J Shah - Director

1.	STATUTORY INFORMATION

Spenflex Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 01769751 and registered office address is 8 Greystoke Lodge, Hanger Lane, London, W5 1EW.

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 as modified by the revaluation of certain assets.

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

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is recognised on revaluations when there is a binding agreement to sell the property as at the balance sheet date.

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.

Rental income

Rental income, comprising income from properties, is recognised on a straight line basis over the term of the lease or rental agreement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2025

and 30th April 2026

2,573

DEPRECIATION

At 1st May 2025

2,226

Charge for year

87

At 30th April 2026

2,313

NET BOOK VALUE

At 30th April 2026

260

At 30th April 2025

347

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2025

240,000

Impairments

(23,000

)

At 30th April 2026

217,000

NET BOOK VALUE

At 30th April 2026

217,000

At 30th April 2025

240,000

Fair value at 30th April 2026 is represented by:

£

Valuation in 2010

126,500

Valuation in 2012

25,000

Valuation in 2013

15,000

Valuation in 2014

30,000

Valuation in 2016

30,000

Valuation in 2018

(10,000

)

Valuation in 2019

(2,500

)

Valuation in 2022

(32,500

)

Valuation in 2024

10,000

Valuation in 2026

(23,000

)

Cost

48,500

217,000

Investment properties were valued on an open market basis on 30th April 2026 by the Directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

272

326

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

799

21,000

Other creditors

188,543

188,806

189,342

209,806

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

25,000

Ordinary

£1

25,000

25,000

9.

RESERVES

Fair

value

reserve

£

At 1st May 2025

191,501

Transfer

(23,000

)

At 30th April 2026

168,501

10.	RELATED PARTY DISCLOSURES

At the year-end amount due to Ms J Shah, Director and Shareholder of the company was £185,043 (2025: £185,043)

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party at the end of the year was Ms J Shah, the director and majority shareholder.