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REGISTERED NUMBER: 07592073 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Spartan Audio Limited

Spartan Audio Limited (Registered number: 07592073)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Spartan Audio Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: T Viney
S C Hales
D Morgan





REGISTERED OFFICE: Unit 2
Colchester Estate
Colchester Avenue
Cardiff
CF23 9AP





REGISTERED NUMBER: 07592073 (England and Wales)





ACCOUNTANTS: Austin Accountancy Services Ltd
15 Manor Park
Ham Lane
Llantwit Major
Vale of Glamorgan
CF61 1RS

Spartan Audio Limited (Registered number: 07592073)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 97,165 128,559

CURRENT ASSETS
Debtors 5 52,836 38,385
Cash at bank 64,413 29,205
117,249 67,590
CREDITORS
Amounts falling due within one year 6 136,266 153,674
NET CURRENT LIABILITIES (19,017 ) (86,084 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,148

42,475

CREDITORS
Amounts falling due after more than
one year

7

36,460

41,296
NET ASSETS 41,688 1,179

CAPITAL AND RESERVES
Called up share capital 303 303
Retained earnings 41,385 876
SHAREHOLDERS' FUNDS 41,688 1,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Spartan Audio Limited (Registered number: 07592073)

Balance Sheet - continued
30 April 2023


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 Board of Directors and authorised for issue on 1 November 2023 and were signed on its behalf by:




T Viney - Director S C Hales - Director




D Morgan - Director


Spartan Audio Limited (Registered number: 07592073)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Spartan Audio 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

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 6 (2022 - 6 ) .

Spartan Audio Limited (Registered number: 07592073)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 491,443
Additions 23,616
Disposals (42,412 )
At 30 April 2023 472,647
DEPRECIATION
At 1 May 2022 362,884
Charge for year 31,825
Eliminated on disposal (19,227 )
At 30 April 2023 375,482
NET BOOK VALUE
At 30 April 2023 97,165
At 30 April 2022 128,559

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 52,836 36,598
Other debtors - 1,787
52,836 38,385

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 22,519 12,917
Taxation and social security 54,292 38,916
Other creditors 59,455 101,841
136,266 153,674

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans 36,460 41,296