Company Registration No. 11932453 (England and Wales)
SPANISH BAY GED INVESTMENTS LIMITED
Unaudited accounts
for the year ended 30 April 2023
SPANISH BAY GED INVESTMENTS LIMITED
Unaudited accounts
Contents
SPANISH BAY GED INVESTMENTS LIMITED
Company Information
for the year ended 30 April 2023
Director
Gregory Spaenjaers
Company Number
11932453 (England and Wales)
Registered Office
FLAT 6 CUNNINGHAM COURT
MAIDA VALE
LONDON
W9 1AE
ENGLAND
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
SPANISH BAY GED INVESTMENTS LIMITED
Accountants' report
Accountants' report to the director of SPANISH BAY GED INVESTMENTS LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 April 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SPANISH BAY GED INVESTMENTS LIMITED for the year ended
30 April 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SPANISH BAY GED INVESTMENTS LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SPANISH BAY GED INVESTMENTS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SPANISH BAY GED INVESTMENTS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SPANISH BAY GED INVESTMENTS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SPANISH BAY GED INVESTMENTS LIMITED. You consider that SPANISH BAY GED INVESTMENTS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SPANISH BAY GED INVESTMENTS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
29 February 2024
SPANISH BAY GED INVESTMENTS LIMITED
Statement of financial position
as at 30 April 2023
Investments
695,930
720,850
Cash at bank and in hand
17,909
222,268
Creditors: amounts falling due within one year
(27,410)
(256,520)
Net current assets/(liabilities)
19,909
(4,842)
Net assets
715,839
716,008
Called up share capital
100
100
Profit and loss account
715,739
715,908
Shareholders' funds
715,839
716,008
For the year ending 30 April 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 29 February 2024 and were signed on its behalf by
Gregory Spaenjaers
Director
Company Registration No. 11932453
SPANISH BAY GED INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 30 April 2023
SPANISH BAY GED INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11932453. The registered office is FLAT 6 CUNNINGHAM COURT, MAIDA VALE, LONDON, W9 1AE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
Restatement of comparative year
The comparative year figures have been restated due to a return in capital of £7,079 which was incorrectly classified as revenue.
4
Investments
Other investments
Valuation at 1 May 2022
720,850
Valuation at 30 April 2023
695,930
Amounts falling due within one year
Other debtors
29,410
29,410
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
25,610
5,620
SPANISH BAY GED INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 30 April 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Amount owed to director
(5,620)
(20,000)
-
(25,620)
(5,620)
(20,000)
-
(25,620)
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).