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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
Page
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SPIERS PROPCO LTD. Company Information for the year ended 31 March 2023
Director
Mr G Spiers
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
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SPIERS PROPCO LTD. Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
575,000 
575,000 
Current assets
Debtors
10,000 
- 
Cash at bank and in hand
225,539 
211,257 
235,539 
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 
Capital and reserves
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
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SPIERS PROPCO LTD. Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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.
4
Investment property
2023 
£ 
Fair value at 1 April 2022
575,000 
At 31 March 2023
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.
5
Debtors
2023 
2022 
£ 
£ 
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 
Other creditors
14,385 
- 
Loans from directors
7,962 
(1,238)
Accruals
1,200 
1,200 
25,992 
2,134 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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