2021-08-01 2022-07-31 false No description of principal activity Debitam - Tax and Accounts 1.0 08136522 bus:FullAccounts 2021-08-01 2022-07-31 08136522 bus:Micro-entities 2021-08-01 2022-07-31 08136522 bus:AuditExempt-NoAccountantsReport 2021-08-01 2022-07-31 08136522 bus:SmallCompaniesRegimeForAccounts 2021-08-01 2022-07-31 08136522 bus:PrivateLimitedCompanyLtd 2021-08-01 2022-07-31 08136522 2021-08-01 2022-07-31 08136522 2022-07-31 08136522 bus:RegisteredOffice 2021-08-01 2022-07-31 08136522 core:WithinOneYear 2022-07-31 08136522 core:AfterOneYear 2022-07-31 08136522 2020-08-01 08136522 bus:Director1 2021-08-01 2022-07-31 08136522 bus:Director1 2022-07-31 08136522 bus:Director1 2020-08-01 2021-07-31 08136522 bus:CompanySecretary1 2021-08-01 2022-07-31 08136522 bus:LeadAgentIfApplicable 2021-08-01 2022-07-31 08136522 2020-08-01 2021-07-31 08136522 2021-07-31 08136522 core:WithinOneYear 2021-07-31 08136522 core:AfterOneYear 2021-07-31 08136522 bus:EntityAccountantsOrAuditors 2020-08-01 2021-07-31 08136522 core:OfficeEquipment 2021-08-01 2022-07-31 08136522 core:OfficeEquipment 2022-07-31 08136522 core:OfficeEquipment 2021-07-31 08136522 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-07-31 08136522 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-07-31 08136522 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 08136522 core:CostValuation core:Non-currentFinancialInstruments 2021-07-31 08136522 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-07-31 08136522 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2022-07-31 08136522 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2022-07-31 08136522 core:Non-currentFinancialInstruments 2022-07-31 08136522 core:Non-currentFinancialInstruments 2021-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08136522
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 31 July 2022

for

SPIN VENTURES LIMITED

 
 
 
£
2022
£
   
£
2021
£
Fixed assets 1,461  1,948 
Current assets 79,316  40,087 
Creditors: amount falling due within one year (37,944) (25,714)
Net current assets 41,372  14,373 
Total assets less current liabilities 42,833  16,321 
Net assets 42,833  16,321 
 
Capital and reserves 42,833  16,321 
 
  1. For the year ended 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Nicola Nic Gorini
Director

Date approved: 19 January 2024
1
Statutory Information
SPIN VENTURES LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 08136522, registration address C/O Apt 27 Mountford Mansion, 100 Battersea Park Road, London, United Kingdom, SW11 4LJ, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Office Equipment25% Reducing Balance
2.

Tangible fixed assets

Cost or Valuation Office Equipment   Total
  £   £
At 01 August 2021 3,743    3,743 
Additions  
Disposals  
At 31 July 2022 3,743    3,743 
Depreciation
At 01 August 2021 1,795    1,795 
Charge for year 487    487 
On disposals  
At 31 July 2022 2,282    2,282 
Net book values
Closing balance as at 31 July 2022 1,461    1,461 
Opening balance as at 01 August 2021 1,948    1,948 

3.

Average number of employees

Average number of employees during the year was 1  (2021: 1).
2