REGISTERED NUMBER: 09953039 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

SP SOCIAL LTD

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

Director:

P de Preux

Registered office:

1-2 Craven Road

London

W5 2UA

Registered number:

09953039 (England and Wales)

Accountants:

Johnsons, Chartered Accountants

1-2 Craven Road

Ealing

London

W5 2UA

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SP Social Ltd for the year ended 31st January 2026 which comprise the Income Statement, Balance Sheet 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of SP Social Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SP Social Ltd and state those matters that we have agreed to state to the director of SP Social Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SP Social Ltd and its director for our work or for this report.

It is your duty to ensure that SP Social Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of SP Social Ltd. You consider that SP Social Ltd 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 financial statements of SP Social Ltd. 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 financial statements.

Johnsons, Chartered Accountants

1-2 Craven Road

Ealing

London

W5 2UA

15th October 2026

Fixed assets

Intangible assets

4

55,454

93,508

Tangible assets

5

-

-

55,454

93,508

Current assets

Debtors

6

6,125

7,139

Cash at bank

19,026

2,693

25,151

9,832

Creditors

Amounts falling due within one year

7

(473,979

)

(456,006

)

Net current liabilities

(448,828

)

(446,174

)

Total assets less current liabilities

(393,374

)

(352,666

)

Capital and reserves

Called up share capital

10

10

Retained earnings

(393,384

)

(352,676

)

Shareholders' funds

(393,374

)

(352,666

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 15th October 2026 and were signed by:

P de Preux - Director

1.	STATUTORY INFORMATION

SP Social 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

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.

Impairment of intangible fixed assets

The company assesses at each balance sheet date whether there is any indication of a significant and permanent reduction in the value of its intangible assets. If there is such an indication, an impairment review is carried out. The company assesses the recoverable amount of the intangible asset at the balance sheet.

The recoverable amount is the higher of the amount that could be obtained by selling the asset and the amount that could be obtained through using the asset. The amount that could be obtained through using the asset is based on an estimate of discounted future cash flows. Actual discounted cash flows could vary significantly as compared to the estimates due to the assumptions used in the estimation process.

When the recoverable amount of an intangible fixed asset is less than its carrying value, an impairment loss is recognised in the profit and loss account and the carrying value of the intangible fixed asset is reduced by the amount of the loss.

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company will received continued financial support from its creditors and will have adequate financial resources to continue to operate for at least 12 months.

On this basis the director continues to adopt the going concern basis of accounting in the preparation of these financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Website

£

Cost

At 1st February 2025

and 31st January 2026

380,536

Amortisation

At 1st February 2025

287,028

Amortisation for year

38,054

At 31st January 2026

325,082

Net book value

At 31st January 2026

55,454

At 31st January 2025

93,508

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1st February 2025

and 31st January 2026

885

Depreciation

At 1st February 2025

and 31st January 2026

885

Net book value

At 31st January 2026

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

6,125

7,139

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,724

881

Trade creditors

4,215

-

Other creditors

468,040

455,125

473,979

456,006

8.	RELATED PARTY DISCLOSURES

The company received interest free loans in past years from a family member of the director P. De Preux. The balance owed on the loan at 31 January 2026 was £427,651 (2025: £427,651)