Company Registration No. 14070804 (England and Wales)
Spencer Giles Property Ltd
Unaudited accounts
for the period from 26 April 2022 to 30 April 2023
Spencer Giles Property Ltd
Unaudited accounts
Contents
Spencer Giles Property Ltd
Company Information
for the period from 26 April 2022 to 30 April 2023
Directors
Christopher Innes-Ker
Alexandra Innes-Ker
Company Number
14070804 (England and Wales)
Registered Office
Penhurst House
352-356 Battersea Park Road
London
SW11 3BY
UK
Accountants
JV Accountancy Ltd
2 Firbank Drive
Woking
Surrey
GU21 7QT
Spencer Giles Property Ltd
Statement of financial position
as at 30 April 2023
Cash at bank and in hand
2,582
Creditors: amounts falling due within one year
(27,153)
Net current liabilities
(21,427)
Profit and loss account
(20,453)
Shareholders' funds
(20,451)
For the period ending 30 April 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 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 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 of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by
Christopher Innes-Ker
Director
Company Registration No. 14070804
Spencer Giles Property Ltd
Notes to the Accounts
for the period from 26 April 2022 to 30 April 2023
Spencer Giles Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 14070804. The registered office is Penhurst House, 352-356 Battersea Park Road, London, SW11 3BY, UK.
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.
These financial statements for the period from 26 April 2022 to 30 April 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 26 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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Tangible fixed assets
Computer equipment
Spencer Giles Property Ltd
Notes to the Accounts
for the period from 26 April 2022 to 30 April 2023
Amounts falling due within one year
Accrued income and prepayments
579
6
Creditors: amounts falling due within one year
2023
Bank loans and overdrafts
40
Loans from directors
23,571
7
Transactions with related parties
At the year end the company owed the directors £23,570.98,the loan is interest free and repayable on demand.
Mr C. Innes-Ker and Mrs A. Innes -Ker each hold 50% of the company shares.
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Average number of employees
During the period the average number of employees was 2.