Spreadmain Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

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Spreadmain Limited

Balance Sheet

As At 30 April 2025

Balance Sheet

Registered number: 01786879

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		161		191
Investment Properties	5		153,894		153,894

			154,055		154,085
CURRENT ASSETS
Debtors	6	245		-
Investments	7	280,453		220,000
Cash at bank and in hand		22,309		127,938

		303,007		347,938
Creditors: Amounts Falling Due Within One Year	8	(25,229 )		(24,022 )

NET CURRENT ASSETS (LIABILITIES)			277,778		323,916

TOTAL ASSETS LESS CURRENT LIABILITIES			431,833		478,001

NET ASSETS			431,833		478,001

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			431,831		477,999

SHAREHOLDERS' FUNDS			431,833		478,001

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Spreadmain Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements were approved by the board of directors on 6 November 2025 and were signed on its behalf by:

Mr J S Gordon

Director

The notes on pages 4 to 7 form part of these financial statements.

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Spreadmain Limited

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

Spreadmain Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01786879 . The registered office is 4 Woollards Lane, Great Shelford, Cambridge, CB22 5LZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company.Monetary amounts in these financial statements are rounded to the nearest £.

2.2. Turnover

Turnover represents amounts receivable for rental and management income net of VAT.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Fixtures & Fittings

25% on reducing balance

2.4. Investment Properties

Investment property is valued at a cost basis.

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Spreadmain Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.5. Taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

2.6. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.7. Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2.8. Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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Spreadmain Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 May 2024	15,555

As at 30 April 2025	15,555

Depreciation
As at 1 May 2024	15,364
Provided during the period	30

As at 30 April 2025	15,394

Net Book Value
As at 30 April 2025	161

As at 1 May 2024	191

5. Investment Property

	2025
	£
Fair Value
As at 1 May 2024 and 30 April 2025	153,894

6. Debtors

	2025	2024
	£	£
Due within one year
Directors' loan accounts	245	-

7. Current Asset Investments

	2025	2024
	£	£
Short term deposits	280,453	220,000

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Spreadmain Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	8,229	6,843
Accruals and deferred income	3,000	2,846
Directors' loan accounts	-	333
Amounts owed to related parties	14,000	14,000

	25,229	24,022

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

10. Related Party Transactions

Arkhill Properties Limited

Related company

At year-end, the company owed £14,000 (2024: £14,000) to Arkhill Properties Limited.

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Directors	Mr J S Gordon
	Mrs E R Gordon
	Miss A Gordon

Company Number	01786879

Registered Office	4 Woollards Lane
	Great Shelford
	Cambridge
	CB22 5LZ

Business	4 Woollards Lane
	Great Shelford
	Cambridge
	CB22 5LZ

Accountants	Ripe LLP
	9a Burroughs Gardens
	London
	NW4 4AU