IRIS Accounts Production v23.3.1.45 10799386 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107993862022-12-31107993862023-12-31107993862023-01-012023-12-31107993862021-12-31107993862022-01-012022-12-31107993862022-12-3110799386ns10:Originalns15:EnglandWales2023-01-012023-12-3110799386ns14:PoundSterlingns10:Original2023-01-012023-12-3110799386ns10:Originalns10:Director12023-01-012023-12-3110799386ns10:Original2023-01-012023-12-3110799386ns10:Original2023-12-3110799386ns10:Originalns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110799386ns10:Originalns10:SmallEntities2023-01-012023-12-3110799386ns10:Originalns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110799386ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110799386ns10:SmallCompaniesRegimeForAccountsns10:Original2023-01-012023-12-3110799386ns10:Originalns10:FullAccounts2023-01-012023-12-3110799386ns10:Original2022-01-012022-12-3110799386ns10:Originalns10:OrdinaryShareClass12023-01-012023-12-3110799386ns10:Originalns10:RegisteredOffice2023-01-012023-12-3110799386ns10:Original2022-12-3110799386ns10:Originalns5:CurrentFinancialInstruments2023-12-3110799386ns10:Originalns5:CurrentFinancialInstruments2022-12-3110799386ns10:Originalns5:Non-currentFinancialInstruments2023-12-3110799386ns10:Originalns5:Non-currentFinancialInstruments2022-12-3110799386ns5:ShareCapitalns10:Original2023-12-3110799386ns5:ShareCapitalns10:Original2022-12-3110799386ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-12-3110799386ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3110799386ns10:Originalns5:PlantMachinery2022-12-3110799386ns10:Originalns5:FurnitureFittings2022-12-3110799386ns10:Originalns5:ComputerEquipment2022-12-3110799386ns10:Original2022-12-3110799386ns10:Originalns5:PlantMachinery2023-01-012023-12-3110799386ns10:Originalns5:FurnitureFittings2023-01-012023-12-3110799386ns10:Originalns5:ComputerEquipment2023-01-012023-12-3110799386ns10:Originalns5:PlantMachinery2023-12-3110799386ns10:Originalns5:FurnitureFittings2023-12-3110799386ns10:Originalns5:ComputerEquipment2023-12-3110799386ns10:Originalns5:PlantMachinery2022-12-3110799386ns10:Originalns5:FurnitureFittings2022-12-3110799386ns10:Originalns5:ComputerEquipment2022-12-3110799386ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110799386ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110799386ns10:Originalns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 10799386 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Spinsisters Ltd

Spinsisters Ltd (Registered number: 10799386)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Spinsisters Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: L J Harvey





REGISTERED OFFICE: Spinsisters Ltd
85 Great Portland Street
Lower Ground Floor
London
W1W 7LT





REGISTERED NUMBER: 10799386 (England and Wales)





ACCOUNTANTS: Millward, May & Co
Suite 9 Market House
21 Market Place
Wokingham
Berkshire
RG40 1AP

Spinsisters Ltd (Registered number: 10799386)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,498 3,932

CURRENT ASSETS
Debtors 5 8,922 10,101
Cash at bank 6,638 6,714
15,560 16,815
CREDITORS
Amounts falling due within one year 6 11,847 12,864
NET CURRENT ASSETS 3,713 3,951
TOTAL ASSETS LESS CURRENT LIABILITIES 6,211 7,883

CREDITORS
Amounts falling due after more than one year 7 (4,936 ) (7,125 )

PROVISIONS FOR LIABILITIES (475 ) (747 )
NET ASSETS 800 11

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 799 10
SHAREHOLDERS' FUNDS 800 11

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

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

The director acknowledges her 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2024 and were signed by:





L J Harvey - Director


Spinsisters Ltd (Registered number: 10799386)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Spinsisters Ltd 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.

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.

Fixtures and fittings - 3 year straight line
Computer equipment - 3 year straight line
DJ Costumes - 3 year straight line

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2022 - NIL).

Spinsisters Ltd (Registered number: 10799386)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 1,007 660 9,301 10,968
Additions - - 1,184 1,184
At 31 December 2023 1,007 660 10,485 12,152
DEPRECIATION
At 1 January 2023 168 543 6,325 7,036
Charge for year 336 117 2,165 2,618
At 31 December 2023 504 660 8,490 9,654
NET BOOK VALUE
At 31 December 2023 503 - 1,995 2,498
At 31 December 2022 839 117 2,976 3,932

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 8,922 10,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 2,190 2,136
Taxation and social security 4,509 3,184
Other creditors 5,148 7,544
11,847 12,864

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 4,936 7,125

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1 Ordinary £1 1 1

9. RELATED PARTY DISCLOSURES

During the period the director maintained a loan account with the company. At the period end the Director owed the company £4,512 (2022 - £5,681). This loan is interest free, repayable on demand and shown within other debtors.