Registration number:
SPA Landscaping Limited
for the Year Ended 30 June 2025
SPA Landscaping Limited
(Registration number: 04240438)
Balance Sheet as at 30 June 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.
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SPA Landscaping Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025
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Accounting policies |
Statutory information
SPA Landscaping Limited is a private company, limited by shares, domiciled in England and Wales, company number 04240438. The registered office is at 22 Orgreave Close, Dore House Industrial Estate, Sheffield, S13 9NP.
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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There have been no material departures from this standard.
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 presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company. Revenue is recognised at the point of sale of goods and upon delivery of services provided.
Tax
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 shall be recognised in respect of all timing differences at the reporting date, except as otherwise required by FRS102. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that 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 income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Tangible assets
Tangible 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.
SPA Landscaping Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)
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1 |
Accounting policies (continued) |
Depreciation
Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Leasehold improvements |
20% straight line |
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Plant and machinery |
25% reducing balance |
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Fixtures and fittings |
25% reducing balance |
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Motor vehicles |
20% reducing balance |
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease. Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
Defined contribution pension obligation
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Financial instruments
Derivative financial instruments
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
SPA Landscaping Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)
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Tangible assets |
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Leasehold improvements |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Total |
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Cost |
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At 1 July 2024 |
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Additions |
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Disposals |
- |
( |
( |
( |
( |
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At 30 June 2025 |
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Depreciation |
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At 1 July 2024 |
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Charge for the year |
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Eliminated on disposal |
- |
( |
( |
( |
( |
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At 30 June 2025 |
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Carrying amount |
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At 30 June 2025 |
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At 30 June 2024 |
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Finance leased assets
Included within the net book value of tangible fixed assets is £48,223 (2024 - £217,368) in respect of assets held under hire purchase and finance lease agreements. Depreciation for the year on these assets was £8,017 (2024 - £49,797).
SPA Landscaping Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)
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Debtors |
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2025 |
2024 |
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Trade debtors |
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Prepayments |
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Other debtors |
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Creditors |
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2025 |
2024 |
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Due within one year |
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Bank borrowings |
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HP and finance lease liabilities |
17,863 |
66,933 |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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2025 |
2024 |
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Due after one year |
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Bank borrowings |
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HP and finance lease liabilities |
7,174 |
8,663 |
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Bank borrowings are secured by a fixed and floating charge over the assets of the company.
Obligations under finance leases and hire purchase contracts are secured on the assets concerned.
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Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £
SPA Landscaping Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)
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Share capital |
Allotted, called up and fully paid shares
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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330 |
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330 |
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50 |
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50 |
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50 |
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50 |
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275 |
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275 |
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285 |
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285 |
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10 |
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10 |
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