SPARROWS HERNE LIMITED

Company Registration Number:
14183188 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 20 June 2022

End date: 31 March 2023

SPARROWS HERNE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SPARROWS HERNE LIMITED

Company Information

for the Period Ended 31 March 2023




Director: James Lau
Registered office: Apartment 1802 Duckman Tower
3 Lincoln Plaza
London
England
E14 9BN
Company Registration Number: 14183188 (England and Wales)

SPARROWS HERNE LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The director(s) shown below were appointed to the company during the period
James Lau
20 June 2022

This report was approved by the board of directors on 13 October 2023
And Signed On Behalf Of The Board By:

Name: James Lau
Status: Director

SPARROWS HERNE LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes
9 months to
31 Mar 2023
£
Turnover 79,000
Cost of sales ( 345 )
Gross Profit or (Loss) 78,655
Income from coronavirus (COVID-19) business support grants 0
Administrative Expenses ( 28,939 )
Operating Profit or (Loss) 49,716
Profit or (Loss) Before Tax 49,716
Profit or (Loss) for Period 49,716

The notes form part of these financial statements

SPARROWS HERNE LIMITED

Balance sheet

As at 31 March 2023


Notes
9 months to
31 Mar 2023
£
Fixed assets
Intangible assets: 4 9,000
Total fixed assets: 9,000
Current assets
Debtors: 5 383,061
Cash at bank and in hand: 59,166
Total current assets: 442,227
Creditors: amounts falling due within one year: 6 ( 16,977 )
Net current assets (liabilities): 425,250
Total assets less current liabilities: 434,250
Creditors: amounts falling due after more than one year: 7 ( 374,534 )
Total net assets (liabilities): 59,716

The notes form part of these financial statements

SPARROWS HERNE LIMITED

Balance sheet continued

As at 31 March 2023


Notes
9 months to
31 Mar 2023
£
Capital and reserves
Called up share capital: 10,000
Revaluation reserve: 8 0
Profit and loss account: 49,716
Shareholders funds: 59,716

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 13 October 2023
And Signed On Behalf Of The Board By:

Name: James Lau
Status: Director

The notes form part of these financial statements

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    9 months to
    31 Mar 2023
    Average number of employees during the period 1

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Intangible assets

Other Total
Cost £ £
Additions 9,000 9,000
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 9,000 9,000
Amortisation
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2023 - -
Net book value
Net book value at 31 March 2023 9,000 9,000

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors

9 months to
31 Mar 2023
£
Trade debtors 6,221
Other debtors 376,840
Total 383,061

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note

9 months to
31 Mar 2023
£
Trade creditors 608
Taxation and social security 3,169
Other creditors 13,200
Total 16,977

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due after more than one year

9 months to
31 Mar 2023
£
Other creditors 374,534
Total 374,534

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

8. Revaluation reserve

9 months to
31 Mar 2023
£
Surplus or deficit after revaluation 0
Balance at 31 March 2023 0