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Company Registration No. 12409299 (England and Wales)
THE SPIRE AND SPOKE LTD Unaudited accounts for the year ended 31 January 2023
THE SPIRE AND SPOKE LTD Unaudited accounts Contents
Page
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THE SPIRE AND SPOKE LTD Company Information for the year ended 31 January 2023
Directors
J Riddell M Riddell
Company Number
12409299 (England and Wales)
Registered Office
12 HIGH STREET WATLINGTON OX49 5PY ENGLAND
Accountants
Fairmile Accounting Ltd Boston House Downsview Road Wantage OX12 9FF
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THE SPIRE AND SPOKE LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
87,875 
88,373 
Current assets
Inventories
12,239 
4,976 
Debtors
4,883 
3,369 
Cash at bank and in hand
74,734 
95,574 
91,856 
103,919 
Creditors: amounts falling due within one year
(134,056)
(120,275)
Net current liabilities
(42,200)
(16,356)
Total assets less current liabilities
45,675 
72,017 
Creditors: amounts falling due after more than one year
(29,714)
(50,000)
Net assets
15,961 
22,017 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
15,959 
22,015 
Shareholders' funds
15,961 
22,017 
For the year ending 31 January 2023 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by
J Riddell Director Company Registration No. 12409299
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THE SPIRE AND SPOKE LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
THE SPIRE AND SPOKE LTD is a private company, limited by shares, registered in England and Wales, registration number 12409299. The registered office is 12 HIGH STREET, WATLINGTON, OX49 5PY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
20% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2022
61,733 
47,631 
- 
7,028 
116,392 
Additions
16,049 
2,127 
2,022 
1,207 
21,405 
Disposals
- 
(2,850)
- 
- 
(2,850)
At 31 January 2023
77,782 
46,908 
2,022 
8,235 
134,947 
Depreciation
At 1 February 2022
8,788 
16,554 
- 
2,677 
28,019 
Charge for the year
7,778 
9,382 
404 
2,059 
19,623 
On disposals
- 
(570)
- 
- 
(570)
At 31 January 2023
16,566 
25,366 
404 
4,736 
47,072 
Net book value
At 31 January 2023
61,216 
21,542 
1,618 
3,499 
87,875 
At 31 January 2022
52,945 
31,077 
- 
4,351 
88,373 
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THE SPIRE AND SPOKE LTD Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,067 
896 
Other debtors
1,816 
2,473 
4,883 
3,369 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,648 
- 
VAT
35,261 
19,427 
Trade creditors
14,686 
13,652 
Taxes and social security
12,221 
3,066 
Other creditors
21,531 
21,012 
Loans from directors
36,306 
40,480 
Accruals
3,403 
22,638 
134,056 
120,275 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
29,714 
50,000 
8
Average number of employees
During the year the average number of employees was 35 (2022: 26).
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