Company Registration No. 12653425 (England and Wales)
B-Spoke Group Ltd
Unaudited accounts
for the year ended 31 August 2023
B-Spoke Group Ltd
Unaudited accounts
Contents
B-Spoke Group Ltd
Company Information
for the year ended 31 August 2023
Company Number
12653425 (England and Wales)
B-Spoke Group Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
7,590
8,564
Cash at bank and in hand
36,724
49,688
Creditors: amounts falling due within one year
(32,373)
(45,848)
Net current assets
10,060
6,932
Called up share capital
2
2
Profit and loss account
17,648
15,494
Shareholders' funds
17,650
15,496
For the year ending 31 August 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 2 January 2024 and were signed on its behalf by
Ismail Dhan
Director
Company Registration No. 12653425
B-Spoke Group Ltd
Notes to the Accounts
for the year ended 31 August 2023
B-Spoke Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12653425.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2022
5,750
7,199
12,949
At 31 August 2023
5,750
8,123
13,873
At 1 September 2022
2,070
2,315
4,385
Charge for the year
736
1,162
1,898
At 31 August 2023
2,806
3,477
6,283
At 31 August 2023
2,944
4,646
7,590
At 31 August 2022
3,680
4,884
8,564
Amounts falling due within one year
Accrued income and prepayments
1,366
1,117
B-Spoke Group Ltd
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
24,307
26,140
Taxes and social security
3,051
382
Loans from directors
2,914
18,885
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).