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REGISTERED NUMBER: 06051203 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Spire Construction (NW) Limited

Spire Construction (NW) Limited (Registered number: 06051203)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Spire Construction (NW) Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: N A Allen





SECRETARY: Mrs D Turton





REGISTERED OFFICE: Bridge House
12 Market Street
Glossop
Derbyshire
SK13 8AR





REGISTERED NUMBER: 06051203 (England and Wales)





ACCOUNTANTS: Lomas and Company Accountants Limited
Bridge House
12 Market Street
Glossop
Derbyshire
SK13 8AR

Spire Construction (NW) Limited (Registered number: 06051203)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,600 8,250
Tangible assets 5 27,331 36,057
33,931 44,307

CURRENT ASSETS
Stocks 115,638 1,763
Debtors 6 246,460 251,167
Cash at bank - 33,507
362,098 286,437
CREDITORS
Amounts falling due within one year 7 102,783 55,439
NET CURRENT ASSETS 259,315 230,998
TOTAL ASSETS LESS CURRENT LIABILITIES 293,246 275,305

CREDITORS
Amounts falling due after more than one year 8 (33,213 ) (42,900 )

PROVISIONS FOR LIABILITIES (6,833 ) (6,851 )
NET ASSETS 253,200 225,554

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 253,199 225,553
SHAREHOLDERS' FUNDS 253,200 225,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 August 2023 and were signed by:





N A Allen - Director


Spire Construction (NW) Limited (Registered number: 06051203)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Spire Construction (NW) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the invoice value of goods sold/services provided net of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 33,000
AMORTISATION
At 1 March 2022 24,750
Amortisation for year 1,650
At 28 February 2023 26,400
NET BOOK VALUE
At 28 February 2023 6,600
At 28 February 2022 8,250

Spire Construction (NW) Limited (Registered number: 06051203)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 37,711 4,250 49,050 2,142 93,153
Disposals - - (1,300 ) - (1,300 )
At 28 February 2023 37,711 4,250 47,750 2,142 91,853
DEPRECIATION
At 1 March 2022 27,737 2,149 25,179 2,031 57,096
Charge for year 1,995 315 5,831 37 8,178
Eliminated on disposal - - (752 ) - (752 )
At 28 February 2023 29,732 2,464 30,258 2,068 64,522
NET BOOK VALUE
At 28 February 2023 7,979 1,786 17,492 74 27,331
At 28 February 2022 9,974 2,101 23,871 111 36,057

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 60,112 4,623
Other debtors 186,348 246,544
246,460 251,167

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 6,426 -
Trade creditors 55,315 27,604
Taxation and social security 38,166 25,675
Other creditors 2,876 2,160
102,783 55,439

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 33,213 42,900

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
N A Allen
Balance outstanding at start of year 184,841 210,472
Amounts advanced - 35,279
Amounts repaid (65,843 ) (60,910 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 118,998 184,841

Spire Construction (NW) Limited (Registered number: 06051203)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

10. ULTIMATE CONTROLLING PARTY

Mr. N Allen is the ultimate controlling party of the limited company.