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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
Page
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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
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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
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SPANISH BAY GED INVESTMENTS LIMITED Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
695,930 
720,850 
Current assets
Debtors
29,410 
29,410 
Cash at bank and in hand
17,909 
222,268 
47,319 
251,678 
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 
Capital and reserves
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
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SPANISH BAY GED INVESTMENTS LIMITED Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
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.
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.
Investments
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 
Disposals
(24,920)
Valuation at 30 April 2023
695,930 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
29,410 
29,410 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
- 
250,000 
Loans from directors
25,610 
5,620 
Accruals
1,800 
900 
27,410 
256,520 
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SPANISH BAY GED INVESTMENTS LIMITED Notes to the Accounts for the year ended 30 April 2023
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Gregory Spaenjaers
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).
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