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REGISTERED NUMBER: 11153509 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2023

FOR

SPSB CONSULTANCY LIMITED

SPSB CONSULTANCY LIMITED (REGISTERED NUMBER: 11153509)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SPSB CONSULTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2023







DIRECTOR: S S Bhatt





REGISTERED OFFICE: 126 Bloomsbury Lane
Timperley
Cheshire
WA15 6NX





REGISTERED NUMBER: 11153509 (England and Wales)





ACCOUNTANTS: Percy Westhead & Company
Chartered Accountants
Hanover House
30-32 Charlotte Street
Manchester
M1 4FD

SPSB CONSULTANCY LIMITED (REGISTERED NUMBER: 11153509)

BALANCE SHEET
31ST JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,047 971

CURRENT ASSETS
Debtors 5 46,858 54,028
Cash at bank 31,345 19,314
78,203 73,342
CREDITORS
Amounts falling due within one year 6 42,736 42,650
NET CURRENT ASSETS 35,467 30,692
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,514

31,663

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 36,512 31,661
36,514 31,663

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 25th October 2023 and were signed by:





S S Bhatt - Director


SPSB CONSULTANCY LIMITED (REGISTERED NUMBER: 11153509)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023

1. STATUTORY INFORMATION

SPSB Consultancy 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue from the provision of services is measured at the consideration receivable which equates to the invoiced amounts, excluding discounts, rebates, value added tax and other sales taxes

Invoices for services provided are raised on the basis of contract terms which have been agreed by the customer and revenue is recognised in the profit and loss account on completion of specific deliverables.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 2 (2022 - 1 ) .

SPSB CONSULTANCY LIMITED (REGISTERED NUMBER: 11153509)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st February 2022 1,009
Additions 342
At 31st January 2023 1,351
DEPRECIATION
At 1st February 2022 38
Charge for year 266
At 31st January 2023 304
NET BOOK VALUE
At 31st January 2023 1,047
At 31st January 2022 971

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 32,261 54,028
Other debtors 1,500 -
Prepayments and accrued income 13,097 -
46,858 54,028

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 131 95
Corporation tax 24,109 23,333
Social security and other taxes 59 -
VAT 17,989 16,290
Directors' current accounts 448 2,006
Accruals and deferred income - 926
42,736 42,650