0 31/01/2023 2023-01-31 false false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2022-02-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 13833287 2022-02-01 2023-01-31 13833287 2023-01-31 13833287 bus:Director1 2022-02-01 2023-01-31 13833287 core:ShareCapital 2022-02-01 2023-01-31 13833287 core:RetainedEarningsAccumulatedLosses 2022-02-01 2023-01-31 13833287 core:WithinOneYear 2023-01-31 13833287 core:ShareCapital 2023-01-31 13833287 core:RetainedEarningsAccumulatedLosses 2023-01-31 13833287 bus:Director1 2023-01-31 13833287 bus:SmallEntities 2022-02-01 2023-01-31 13833287 bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 13833287 bus:FullAccounts 2022-02-01 2023-01-31 13833287 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 13833287 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 13833287 1 2022-02-01 2023-01-31
Company registration number: 13833287
SPIRITUAL WILLOW LTD
Unaudited filleted financial statements
31 January 2023
SPIRITUAL WILLOW LTD
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
SPIRITUAL WILLOW LTD
Statement of financial position
31 January 2023
2023
Note £ £
Current assets
Cash at bank and in hand 389
_______
389
Creditors: amounts falling due
within one year 4 ( 1,219)
_______
Net current liabilities ( 830)
_______
Total assets less current liabilities ( 830)
_______
Net liabilities ( 830)
_______
Capital and reserves
Called up share capital 1
Profit and loss account ( 831)
_______
Shareholder deficit ( 830)
_______
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.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 06 October 2023 , and are signed on behalf of the board by:
R Roberts
Director
Company registration number: 13833287
SPIRITUAL WILLOW LTD
Statement of changes in equity
Year ended 31 January 2023
Called up share capital Profit and loss account Total
£ £ £
At 1 February 2022 - - -
Loss for the year ( 831) ( 831)
_______ _______ _______
Total comprehensive income for the year - ( 831) ( 831)
Issue of shares 1 1
_______ _______ _______
Total investments by and distributions to owners 1 - 1
_______ _______ _______
At 31 January 2023 1 ( 831) ( 830)
_______ _______ _______
SPIRITUAL WILLOW LTD
Notes to the financial statements
Year ended 31 January 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Bryony Drive, Kingsnorth, Ashford, Kent, TN23 3RE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At the 31 January 2023 the company has excess liabilities over assets totalling £830. The company relies on the support of the director and as his support for the company has been confirmed for the next 12 months the director feelis it appropriate to prepare the accounts on a going concern basis.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
4. Creditors: amounts falling due within one year
2023
£
Other creditors 1,219
_______
5. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
R Roberts - ( 499) ( 499)
_______ _______ _______
6. Controlling party
The company is controlled by the director