Registered Number:06097574 |
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2023
SPEARHALL DEVELOPERS LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
SPEARHALL DEVELOPERS LTD
Statement of Financial Position
2022
2023
Property, plant and equipment |
1,219
1,524
2
1,219
1,524
Trade and other receivables |
52,750
52,750
3
1,068
Cash and cash equivalents |
1,068
53,818
53,818
Trade and other payables: amounts falling due within one |
year |
(43,051)
(43,051)
4
10,767
10,767
Net current assets
Total assets less current liabilities |
11,986
12,291
11,986
Net assets
12,291
2
2
11,984
12,289
11,986
12,291
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Katie Rachel Spurling Director |
These financial statements were approved and authorised for issue by the Board on 02 November 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 February 2023
SPEARHALL DEVELOPERS LTD
Notes to the Financial Statements
Statutory Information
SPEARHALL DEVELOPERS LTD is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 06097574. |
23 Dennis Lane
Stanmore
Middlesex
HA7 4JS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment |
Motor vehicles
12,791
630
10,000
2,161
2,161
10,000
630
12,791
Provision for depreciation and impairment |
11,267
562
8,926
1,779
Charge for year
305
14
215
76
11,572
576
9,141
1,855
306
859
54
1,219
382
1,074
68
1,524
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For the year ended 28 February 2023
SPEARHALL DEVELOPERS LTD
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
7,750
7,750
45,000
45,000
52,750
52,750
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
-
94
43,051
42,957
43,051
43,051
5. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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