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Company Registration No. 10020435 (England and Wales)
Sphinx Refurbishment Ltd Unaudited accounts for the year ended 28 February 2023
Sphinx Refurbishment Ltd Unaudited accounts Contents
Page
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Sphinx Refurbishment Ltd Company Information for the year ended 28 February 2023
Director
Walid Elbialy
Company Number
10020435 (England and Wales)
Registered Office
1000 Great West Rd United Business Centre Brentford England TW8 9DW United Kingdom
Accountants
KM Accountancy Services Ltd Association of Internaional Accountants 1000 Great West Rd United Business Centre Brentford, London TW8 9DW
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Sphinx Refurbishment Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
24,047 
27,468 
Cash at bank and in hand
57,696 
47,109 
81,743 
74,577 
Creditors: amounts falling due within one year
(19,824)
(19,392)
Net current assets
61,919 
55,185 
Total assets less current liabilities
61,919 
55,185 
Creditors: amounts falling due after more than one year
(12,435)
(19,266)
Net assets
49,484 
35,919 
Capital and reserves
Called up share capital
4,000 
4,000 
Profit and loss account
45,484 
31,919 
Shareholders' funds
49,484 
35,919 
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 11 October 2023 and were signed on its behalf by
Walid Elbialy Director Company Registration No. 10020435
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Sphinx Refurbishment Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Sphinx Refurbishment Ltd is a private company, limited by shares, registered in England and Wales, registration number 10020435. The registered office is 1000 Great West Rd, United Business Centre, Brentford, England, TW8 9DW, United Kingdom.
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:
Plant & machinery
20% Straight line basis
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
4,000 
At 28 February 2023
4,000 
Depreciation
At 1 March 2022
4,000 
At 28 February 2023
4,000 
Net book value
At 28 February 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
4,784 
12,477 
Other debtors
19,263 
14,991 
24,047 
27,468 
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Sphinx Refurbishment Ltd Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,384 
5,931 
Taxes and social security
13,440 
13,461 
19,824 
19,392 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,435 
19,266 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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