REGISTERED NUMBER: 10746483 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

SPECTRUM OUTFITTERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Jones

L Jones

REGISTERED OFFICE:

4 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

West Midlands

CV3 4GA

REGISTERED NUMBER:

10746483 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisers

1 & 2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

FIXED ASSETS

Tangible assets

4

644,114

655,354

CURRENT ASSETS

Stocks

5

518,386

564,133

Debtors

6

63,863

40,953

Cash at bank

1,504,763

1,489,410

2,087,012

2,094,496

CREDITORS

Amounts falling due within one year

7

185,817

259,181

NET CURRENT ASSETS

1,901,195

1,835,315

TOTAL ASSETS LESS CURRENT LIABILITIES

2,545,309

2,490,669

CREDITORS

Amounts falling due after more than one year

8

(356,321

)

(378,342

)

PROVISIONS FOR LIABILITIES

(3,158

)

(2,440

)

NET ASSETS

2,185,830

2,109,887

CAPITAL AND RESERVES

Called up share capital

1,002

1,002

Retained earnings

2,184,828

2,108,885

SHAREHOLDERS' FUNDS

2,185,830

2,109,887

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 19 October 2026 and were signed on its behalf by:

J Jones - Director

1.	STATUTORY INFORMATION

Spectrum Outfitters 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 May 2025

634,664

646

14,665

Additions

-

-

10,400

At 30 April 2026

634,664

646

25,065

DEPRECIATION

At 1 May 2025

12,693

283

5,511

Charge for year

12,694

91

2,933

At 30 April 2026

25,387

374

8,444

NET BOOK VALUE

At 30 April 2026

609,277

272

16,621

At 30 April 2025

621,971

363

9,154

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 May 2025

26,734

22,130

698,839

Additions

-

58

10,458

At 30 April 2026

26,734

22,188

709,297

DEPRECIATION

At 1 May 2025

11,696

13,302

43,485

Charge for year

3,759

2,221

21,698

At 30 April 2026

15,455

15,523

65,183

NET BOOK VALUE

At 30 April 2026

11,279

6,665

644,114

At 30 April 2025

15,038

8,828

655,354

5.

STOCKS

2026

2025

£

£

Stocks

518,386

564,133

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

17,080

-

Other debtors

14,155

11,397

Prepayments

32,628

29,556

63,863

40,953

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

19,408

23,312

Trade creditors

76,329

56,882

Corporation tax

68,870

131,859

Social security and other taxes

2,017

3,856

VAT

15,432

14,714

Other creditors

768

904

Directors' current accounts

552

1,057

Accrued expenses

2,441

26,597

185,817

259,181

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

72,742

64,460

Bank loans more 5 yr by instal

283,579

313,882

356,321

378,342

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

283,579

313,882

9.	SECURED DEBTS

National Westminster Bank hold a fixed charge over the property of the company.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Jones.