Company registration number SC460164 (Scotland)
SPANISHALLEYCAT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
SPANISHALLEYCAT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SPANISHALLEYCAT LIMITED
BALANCE SHEET
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
250,100
250,100
Current assets
Debtors
4
206,640
171,640
Cash at bank and in hand
86,580
37,817
293,220
209,457
Creditors: amounts falling due within one year
5
(60,592)
(58,644)
Net current assets
232,628
150,813
Net assets
482,728
400,913
Capital and reserves
Called up share capital
6
2
2
Share premium account
154,910
154,910
Profit and loss reserves
327,816
246,001
Total equity
482,728
400,913
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 24 January 2024
Mr E Estelles
Director
Company Registration No. SC460164
SPANISHALLEYCAT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information
SpanishAlleyCat Limited is a private company limited by shares incorporated in Scotland. The registered office is Titanium 1, King's Inch Place, Renfrew, Renfrewshire, United Kingdom, PA4 8WF.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
1.2
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
250,100
250,100
SPANISHALLEYCAT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 3 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
206,640
171,640
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
60,592
58,644
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of 1p each
180
180
2
2
Ordinary B Shares of 1p each
20
20
-
-
7
Related party transactions
Included in debtors is an amount owed by R.E.M.M.T. Ltd, a company under common control, of £206,640 (2022 - £171,640). The amount is unsecured, interest free and has no fixed terms of repayment.
Included in creditors is amounts owed to the subsidiary company MOZZY Ltd of £9,000 (2022 - £7,000). The amount is unsecured, interest free and has no fixed terms of repayment.
8
Directors' transactions
Included within creditors is £51,232 (2022: £51,232) owed to the directors. The amount is unsecured, interest free and has no fixed terms of repayment.
9
Ultimate controlling party
In the opinion of the directors, E Estelles is the ultimate controlling party by virtue of his shareholding.