Company Registration No. 10784502 (England and Wales)
SPA GAS HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
PAGES FOR FILING WITH REGISTRAR
SPA GAS HOLDINGS LIMITED
COMPANY INFORMATION
Director
Mr M A Fry
Secretary
Mrs T Fry
Company number
10784502
Registered office
Spa Gas Building
Unit 1
130 Worcester Road
Droitwich
Worcestershire
WR9 8AN
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Natwest Bank Plc
1 The Cross
Worcester
Worcestershire
WR1 3PR
SPA GAS HOLDINGS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
SPA GAS HOLDINGS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SPA GAS HOLDINGS LIMITED FOR THE YEAR ENDED 31 MAY 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Spa Gas Holdings Limited for the year ended 31 May 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Spa Gas Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Spa Gas Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Spa Gas Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Spa Gas Holdings Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Spa Gas Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Spa Gas Holdings Limited. You consider that Spa Gas Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Spa Gas Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ormerod Rutter Limited
10 January 2024
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
SPA GAS HOLDINGS LIMITED
BALANCE SHEET
AS AT 31 MAY 2023
31 May 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
1,329,839
1,329,839
Current assets
Debtors
4
81,500
68,000
Cash at bank and in hand
501
12,517
82,001
80,517
Creditors: amounts falling due within one year
5
(444,900)
(542,293)
Net current liabilities
(362,899)
(461,776)
Total assets less current liabilities
966,940
868,063
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
966,840
867,963
Total equity
966,940
868,063

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 31 May 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 10 January 2024.
Mr M A Fry
Director
Company Registration No. 10784502
SPA GAS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
- 3 -
1
Accounting policies
Company information

Spa Gas Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Spa Gas Building, Unit 1, 130 Worcester Road, Droitwich, Worcestershire, WR9 8AN.

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 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 1 (2022 - 1).

3
Fixed asset investments
2023
2022
£
£
Investments
1,329,839
1,329,839
SPA GAS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2023
3
Fixed asset investments
(Continued)
- 4 -
Movements in fixed asset investments
Shares in group undertakings
£
Cost or valuation
At 1 June 2022 & 31 May 2023
1,329,839
Carrying amount
At 31 May 2023
1,329,839
At 31 May 2022
1,329,839
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
81,500
68,000
5
Creditors: amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings
140,449
128,306
Other creditors
304,451
413,987
444,900
542,293
6
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
85 Ordinary A of £1 each
85
85
5 Ordinary B of £1 each
5
5
5 Ordinary C of £1 each
5
5
5 Ordinary D of £1 each
5
5
100
100
7
Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

SPA GAS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2023
- 5 -
8
Ultimate controlling party

The ultimate controlling party is Mr M A Fry.

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