SPARC GROUP DEVELOPMENT LTD

Company Registration Number:
12491349 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

SPARC GROUP DEVELOPMENT LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

SPARC GROUP DEVELOPMENT LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 33,020 50,822
Investments:   0 0
Total fixed assets: 33,020 50,822
Current assets
Stocks: 0 0
Debtors: 4 0 1,140,000
Cash at bank and in hand: 0 467
Investments:   0 0
Total current assets: 0 1,140,467
Creditors: amounts falling due within one year: 5 (30,888) (459,074)
Net current assets (liabilities): (30,888) 681,393
Total assets less current liabilities: 2,132 732,215
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 2,132 732,215
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 2,032 732,115
Shareholders funds: 2,132 732,215

The notes form part of these financial statements

SPARC GROUP DEVELOPMENT LTD

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 January 2024
and signed on behalf of the board by:

Name: Louisa Mills (Director)
Status: Director

The notes form part of these financial statements

SPARC GROUP DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

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

SPARC GROUP DEVELOPMENT 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 2

SPARC GROUP DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 71,208
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2023 71,208
Depreciation
At 01 April 2022 20,386
Charge for year 17,802
On disposals 0
Other adjustments 0
At 31 March 2023 38,188
Net book value
At 31 March 2023 33,020
At 31 March 2022 50,822

SPARC GROUP DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 1,140,000

SPARC GROUP DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

£30888 Other payables