SPROUTO LTD

Company Registration Number:
09297043 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

SPROUTO LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SPROUTO LTD

Company Information

for the Period Ended 31 March 2023




Director: SHAKEEL HUSSAIN
Registered office: Bloc 17
Marble Street
Manchester
England
M2 3AW
Company Registration Number: 09297043 (England and Wales)

SPROUTO LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 11,645 13,700
Total fixed assets: 11,645 13,700
Current assets
Debtors: 5 44,356 38,627
Cash at bank and in hand: 4,258
Total current assets: 44,356 42,885
Creditors: amounts falling due within one year: 6 ( 88,549 ) ( 86,600 )
Net current assets (liabilities): ( 44,193 ) ( 43,715 )
Total assets less current liabilities: ( 32,548 ) ( 30,015 )
Total net assets (liabilities): ( 32,548 ) ( 30,015 )

The notes form part of these financial statements

SPROUTO LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 32,549 ) ( 30,016 )
Shareholders funds: ( 32,548 ) ( 30,015 )

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 21 November 2023
And Signed On Behalf Of The Board By:

Name: SHAKEEL HUSSAIN
Status: Director

The notes form part of these financial statements

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced provision of goods & services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever the shorter.

    Furniture and equipment - 15% on reducing balance

    A full years charge is made in the year of addition, but no charge is made in the year of disposal.

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 3

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2022 27,971 27,971
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 27,971 27,971
Depreciation
At 01 April 2022 14,271 14,271
Charge for year 2,055 2,055
On disposals - -
Other adjustments - -
At 31 March 2023 16,326 16,326
Net book value
At 31 March 2023 11,645 11,645
At 31 March 2022 13,700 13,700

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 34,731 29,596
Other debtors 9,625 9,031
Total 44,356 38,627

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 38,547 44,044
Taxation and social security 1,547 1,547
Other creditors 48,455 41,009
Total 88,549 86,600