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REGISTERED NUMBER: 04300311 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2022

for

Spa Performance Limited

Previously known as
Oxford Automotive Limited

Spa Performance Limited (Registered number: 04300311)






Contents of the Financial Statements
for the Year Ended 31 May 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Spa Performance Limited

Company Information
for the Year Ended 31 May 2022







DIRECTOR: KS Ruggles





SECRETARY: KS Ruggles





REGISTERED OFFICE: A1 Rowood Estate
Murdock Road
Bicester
Oxfordshire
OX26 4PP





REGISTERED NUMBER: 04300311 (England and Wales)





ACCOUNTANTS: Wheeler & Co
Chartered Accountants
24 Dukes Wood Avenue
Gerrards Cross
Buckinghamshire
SL9 7JT

Spa Performance Limited (Registered number: 04300311)

Balance Sheet
31 May 2022

31.5.22 31.5.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,978 31,680

CURRENT ASSETS
Debtors 5 23,451 -
Cash at bank 15,317 48,199
38,768 48,199
CREDITORS
Amounts falling due within one year 6 5,581 15,943
NET CURRENT ASSETS 33,187 32,256
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,165

63,936

CREDITORS
Amounts falling due after more than one
year

7

18,703

24,407
NET ASSETS 40,462 39,529

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 40,362 39,429
SHAREHOLDERS' FUNDS 40,462 39,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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.

Spa Performance Limited (Registered number: 04300311)

Balance Sheet - continued
31 May 2022


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 10 August 2022 and were signed by:





KS Ruggles - Director


Spa Performance Limited (Registered number: 04300311)

Notes to the Financial Statements
for the Year Ended 31 May 2022

1. STATUTORY INFORMATION

Spa Performance Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - at varying rates 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Spa Performance Limited (Registered number: 04300311)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2021
and 31 May 2022 32,660
DEPRECIATION
At 1 June 2021 980
Charge for year 5,702
At 31 May 2022 6,682
NET BOOK VALUE
At 31 May 2022 25,978
At 31 May 2021 31,680

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Other debtors 23,451 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Bank loans and overdrafts 5,593 5,593
Taxation and social security (13 ) 9,462
Other creditors 1 888
5,581 15,943

Included in other creditors above is £nil (2021 £888) due to the director. At 31st May 2022 the director owed the company £18,661, which is included in other debtors.This was repaid
in July 2022.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.22 31.5.21
£    £   
Bank loans 18,703 24,407

8. RESERVES
Retained
earnings
£   

At 1 June 2021 39,429
Profit for the year 16,422
Dividends (15,489 )
At 31 May 2022 40,362