Company Registration No. 3935644 (England and Wales)
Spiked Limited
Unaudited accounts
for the year ended 31 March 2023
Spiked Limited
Unaudited accounts
Contents
Spiked Limited
Company Information
for the year ended 31 March 2023
Directors
Luke Gittos
Vivien Regan
Robert Harris
Company Number
3935644 (England and Wales)
Registered Office
c/o Sierra Quebec Bravo
7th Floor, 77 Marsh Wall
London
E14 9SH
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Spiked Limited
Statement of financial position
as at 31 March 2023
Tangible assets
7,136
4,318
Cash at bank and in hand
159,771
235,588
Creditors: amounts falling due within one year
(4,565)
(32,811)
Net current assets
182,689
214,537
Net assets
189,825
218,855
Called up share capital
700
700
Share premium
81,510
81,510
Profit and loss account
107,615
136,645
Shareholders' funds
189,825
218,855
For the year ending 31 March 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 21 November 2023 and were signed on its behalf by
Vivien Regan
Director
Company Registration No. 3935644
Spiked Limited
Notes to the Accounts
for the year ended 31 March 2023
Spiked Limited is a private company, limited by shares, registered in England and Wales, registration number 3935644. The registered office is c/o Sierra Quebec Bravo, 7th Floor, 77 Marsh Wall, London, E14 9SH.
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.
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.
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.
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 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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Spiked Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
-
11,794
11,794
Additions
2,694
4,996
7,690
At 31 March 2023
2,694
16,790
19,484
At 1 April 2022
-
7,476
7,476
Charge for the year
674
4,198
4,872
At 31 March 2023
674
11,674
12,348
At 31 March 2023
2,020
5,116
7,136
At 31 March 2022
-
4,318
4,318
Amounts falling due within one year
Accrued income and prepayments
4,900
-
Other debtors
17,018
11,596
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
645
29,061
Allotted, called up and fully paid:
700 Ordinary shares of £1 each
700
700
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).