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
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
THE SPIRE AND SPOKE LTD
Statement of financial position
as at 31 January 2023
Tangible assets
87,875
88,373
Cash at bank and in hand
74,734
95,574
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)
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
THE SPIRE AND SPOKE LTD
Notes to the Accounts
for the year ended 31 January 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
THE SPIRE AND SPOKE LTD
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Accrued income and prepayments
3,067
896
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
-
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
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 35 (2022: 26).