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REGISTERED NUMBER: 10605306 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

SP Alpha Limited

SP Alpha Limited (Registered number: 10605306)






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




Page

Balance Sheet 1


SP Alpha Limited (Registered number: 10605306)

Balance Sheet
31 May 2023

31.5.23 31.5.22
£    £   
FIXED ASSETS 2,680,737 2,681,884

CURRENT ASSETS 195,158 175,495

CREDITORS
Amounts falling due within one year (182,234 ) (140,059 )
NET CURRENT ASSETS 12,924 35,436
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,693,661

2,717,320

CREDITORS
Amounts falling due after more than one
year

(2,862,000

)

(2,919,672

)
NET LIABILITIES (168,339 ) (202,352 )

CAPITAL AND RESERVES (168,339 ) (202,352 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

SP Alpha Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10605306

Registered office: 63 Regent Road
Leicester
Leicestershire
LE1 6YF

2. AVERAGE NUMBER OF EMPLOYEES

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

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
M A S Till
Balance outstanding at start of year (2,919,672 ) (3,129,721 )
Amounts advanced 156,329 296,308
Amounts repaid (98,657 ) (86,259 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,862,000 ) (2,919,672 )

Related Party

During the year SP Alpha Limited entered into transactions on an arm's length basis with My Student Digs Limited for which NR Morris is a director.

SP Alpha Limited (Registered number: 10605306)

Balance Sheet - continued
31 May 2023

NOTES TO THE FINANCIAL STATEMENTS

4. GOING CONCERN

The financial statements have been prepared on the going concern basis as a result of the continued financial support from the directors.



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

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

The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2024 and were signed on its behalf by:





N R Morris - Director