Company Registration No. 11912388 (England and Wales)
SPIERS PROPCO LTD.
Unaudited accounts
for the year ended 31 March 2023
SPIERS PROPCO LTD.
Unaudited accounts
Contents
SPIERS PROPCO LTD.
Company Information
for the year ended 31 March 2023
Company Number
11912388 (England and Wales)
Registered Office
THE OLD CHAPEL CHAPEL STREET
TINGLEY
WAKEFIELD
WF3 1RE
ENGLAND
Accountants
TGKS Accountancy Limited
44 Potternewton Mount
Leeds
West Yorkshire
LS7 2DR
SPIERS PROPCO LTD.
Statement of financial position
as at 31 March 2023
Investment property
575,000
575,000
Cash at bank and in hand
225,539
211,257
Creditors: amounts falling due within one year
(25,992)
(2,134)
Net current assets
209,547
209,123
Total assets less current liabilities
784,547
784,123
Provisions for liabilities
Deferred tax
(56,250)
(56,250)
Net assets
728,297
727,873
Called up share capital
100
100
Profit and loss account
728,197
727,773
Shareholders' funds
728,297
727,873
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 director acknowledges his 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 and authorised for issue on 28 November 2023 and were signed on its behalf by
Mr G Spiers
Director
Company Registration No. 11912388
SPIERS PROPCO LTD.
Notes to the Accounts
for the year ended 31 March 2023
SPIERS PROPCO LTD. is a private company, limited by shares, registered in England and Wales, registration number 11912388. The registered office is THE OLD CHAPEL CHAPEL STREET, TINGLEY, WAKEFIELD, WF3 1RE, ENGLAND.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2022
575,000
The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors at the year
end.
Amounts falling due within one year
Amounts due from group undertakings etc.
10,000
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,445
2,172
Loans from directors
7,962
(1,238)
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).