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Company Registration No. 10184374 (England and Wales)
Sparks Europe Ltd Unaudited accounts for the year ended 31 May 2023
Sparks Europe Ltd Unaudited accounts Contents
Page
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Sparks Europe Ltd Company Information for the year ended 31 May 2023
Director
J Liu
Secretary
R Song
Company Number
10184374 (England and Wales)
Registered Office
72 HIGHFIELDS ROAD HIGHFIELDS CALDECOTE CAMBRIDGE CB23 7NX ENGLAND
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Sparks Europe Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
(144)
392 
Current assets
Debtors
9,582 
30,153 
Cash at bank and in hand
1,786 
15,418 
11,368 
45,571 
Creditors: amounts falling due within one year
(1,047)
(9,708)
Net current assets
10,321 
35,863 
Total assets less current liabilities
10,177 
36,255 
Provisions for liabilities
Deferred tax
(300)
(300)
Net assets
9,877 
35,955 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
9,875 
35,953 
Shareholders' funds
9,877 
35,955 
For the year ending 31 May 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 19 February 2023 and were signed on its behalf by
J Liu Director Company Registration No. 10184374
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Sparks Europe Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Sparks Europe Ltd is a private company, limited by shares, registered in England and Wales, registration number 10184374. The registered office is 72 HIGHFIELDS ROAD, HIGHFIELDS CALDECOTE, CAMBRIDGE, CB23 7NX, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
2,678 
At 31 May 2023
2,678 
Depreciation
At 1 June 2022
2,286 
Charge for the year
536 
At 31 May 2023
2,822 
Net book value
At 31 May 2023
(144)
At 31 May 2022
392 
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Sparks Europe Ltd Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,961 
4,331 
Trade debtors
121 
120 
Amounts due from group undertakings etc.
5,500 
25,000 
Other debtors
- 
702 
9,582 
30,153 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
(10)
5,168 
Other creditors
- 
319 
Loans from directors
1,057 
3,421 
Accruals
- 
800 
1,047 
9,708 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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