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Registered number: 07925288
Our Spirit World Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Keith May Accounting Services Ltd
Office 12a Aura Business Centre
Heath Road
Skegness
Lincolnshire
PE25 3SJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07925288
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,394 16,890
13,394 16,890
CURRENT ASSETS
Debtors 5 3,242 25,793
Cash at bank and in hand 52,721 38,370
55,963 64,163
Creditors: Amounts Falling Due Within One Year 6 (27,223 ) (28,636 )
NET CURRENT ASSETS (LIABILITIES) 28,740 35,527
TOTAL ASSETS LESS CURRENT LIABILITIES 42,134 52,417
Creditors: Amounts Falling Due After More Than One Year 7 - (1,379 )
NET ASSETS 42,134 51,038
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 42,133 51,037
SHAREHOLDERS' FUNDS 42,134 51,038
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard Longworth
Director
28/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Our Spirit World Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07925288 . The registered office is 4 Shardeloes Road, Skegness, Lincolnshire, PE25 3AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% Straight Line
Fixtures & Fittings 15% Reducing Balance
2.4. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2025 8,750 35,658 44,408
As at 31 January 2026 8,750 35,658 44,408
Depreciation
As at 1 February 2025 3,500 24,018 27,518
Provided during the period 1,750 1,746 3,496
As at 31 January 2026 5,250 25,764 31,014
Net Book Value
As at 31 January 2026 3,500 9,894 13,394
As at 1 February 2025 5,250 11,640 16,890
Page 3
Page 4
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 2,328 23,637
Other debtors 914 2,156
3,242 25,793
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 24,540 24,540
Bank loans and overdrafts 1,206 1,360
Other creditors 1,017 2,736
Taxation and social security 460 -
27,223 28,636
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans - 1,379
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
Page 4