Registered number
12861313
SPJ Holdings Ltd
Filleted Accounts
31 January 2022
SPJ Holdings Ltd
Registered number: 12861313
Balance Sheet
as at 31 January 2022
Notes 2022
£
Fixed assets
Investments 3 300
Current assets
Debtors 4 200,029
Cash at bank and in hand 615
200,644
Creditors: amounts falling due within one year 5 (200,654)
Net current liabilities (10)
Net assets 290
Capital and reserves
Called up share capital 100
Profit and loss account 190
Shareholders' funds 290
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S J Mitchell
Director
Approved by the board on 7 September 2022
SPJ Holdings Ltd
Notes to the Accounts
for the period from 7 September 2020 to 31 January 2022
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2022
Number
Average number of persons employed by the company 1
3 Investments
Investments in
subsidiary
undertakings
£
Cost
Additions 300
At 31 January 2022 300
4 Debtors 2022
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest 200,000
Other debtors 29
200,029
5 Creditors: amounts falling due within one year 2022
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest 200,000
Taxation and social security costs 94
Other creditors 560
200,654
6 Other information
SPJ Holdings Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Demar House, 14 Church Road
East Wittering
Chichester
West Sussex
PO20 8PS
SPJ Holdings Ltd 12861313 false 2020-09-07 2022-01-31 2022-01-31 VT Final Accounts April 2022 Mr S J Mitchell No description of principal activity 12861313 2020-09-07 2022-01-31 12861313 bus:PrivateLimitedCompanyLtd 2020-09-07 2022-01-31 12861313 bus:AuditExempt-NoAccountantsReport 2020-09-07 2022-01-31 12861313 bus:Director40 2020-09-07 2022-01-31 12861313 1 2020-09-07 2022-01-31 12861313 2 2020-09-07 2022-01-31 12861313 countries:England 2020-09-07 2022-01-31 12861313 bus:FRS102 2020-09-07 2022-01-31 12861313 bus:FullAccounts 2020-09-07 2022-01-31 12861313 2022-01-31 12861313 core:WithinOneYear 2022-01-31 12861313 core:ShareCapital 2022-01-31 12861313 core:RetainedEarningsAccumulatedLosses 2022-01-31 12861313 2020-09-06 iso4217:GBP xbrli:pure