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REGISTERED NUMBER: 08709407 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

SPIRO LIMITED

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPIRO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: S Fishgang





REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH





REGISTERED NUMBER: 08709407 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,825 6,254

CURRENT ASSETS
Debtors 5 20,589 21,262
Cash at bank 16,318 63,088
36,907 84,350
CREDITORS
Amounts falling due within one year 6 12,165 32,119
NET CURRENT ASSETS 24,742 52,231
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,567

58,485

PROVISIONS FOR LIABILITIES 7 727 1,188
NET ASSETS 27,840 57,297

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 27,740 57,197
SHAREHOLDERS' FUNDS 27,840 57,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2023 and were signed by:





S Fishgang - Director


SPIRO LIMITED (REGISTERED NUMBER: 08709407)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Spiro Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2022 20,132
Additions 207
Disposals (2,426 )
At 31 March 2023 17,913
DEPRECIATION
At 1 April 2022 13,878
Charge for year 2,636
Eliminated on disposal (2,426 )
At 31 March 2023 14,088
NET BOOK VALUE
At 31 March 2023 3,825
At 31 March 2022 6,254

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 7,230
Other debtors 20,589 14,032
20,589 21,262

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 384 23,495
Taxation and social security 11,380 4,025
Other creditors 401 4,599
12,165 32,119

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 727 1,188

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 1,188
Provided during year (461 )
Accelerated capital allowances
Balance at 31 March 2023 727

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100

9. RELATED PARTY DISCLOSURES

Satmind Limited
A company in which Mr Fishgang is a director and shareholder.

During previous years, the company advanced non-interest bearing loans to Satmind Ltd. The loans are repayable on demand. No further advances were made during this year, and the entire £5,416 loan was repaid.

The company provided no services to Satmind Ltd during the year.

The amount due from related party at the balance sheet date was £NIL.

Warebee Limited
A company in which Mr Fishgang is a director and shareholder.

During the year, the company advanced non-interest bearing loans totalling £9,199 to Warebee Ltd. The loans are repayable on demand.

The company provided no services to Warebee Ltd during the year.

The amount due from related party at the balance sheet date was £9,199.

10. ULTIMATE CONTROLLING PARTY

The controlling party is S Fishgang.