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Company registration number: 06894202
Sapphire Spinning Limited
Unaudited filleted financial statements
31 May 2023
Sapphire Spinning Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Sapphire Spinning Limited
Directors and other information
Directors D.E. Robinson
E.C. Borg
Secretary E.C. Borg
Company number 06894202
Registered office Unit 5
Twyford Road
Bishop's Stortford
Hertfordshire
CM23 3LJ
Sapphire Spinning Limited
Statement of financial position
31 May 2023
2023 2022
£ £ £ £
Fixed assets 23,410 15,779
_______ _______
Current assets 99,024 87,351
Prepayments and accrued income 21,426 18,116
_______ _______
120,450 105,467
Creditors: amounts falling due within one year ( 146,836) ( 161,676)
_______ _______
Net current liabilities ( 26,386) ( 56,209)
_______ _______
Total assets less current liabilities ( 2,976) ( 40,430)
Accruals and deferred income ( 2,750) ( 4,175)
_______ _______
Net liabilities ( 5,726) ( 44,605)
_______ _______
Capital and reserves ( 5,726) ( 44,605)
_______ _______
Notes to the financial statements
Sapphire Spinning Limited
Year ended 31 May 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2022: 4 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
D.E. Robinson 51,142 36,565 ( 51,179) 36,528
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
D.E. Robinson 39,014 30,128 ( 18,000) 51,142
_______ _______ _______ _______
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.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 31 August 2023 , and are signed on behalf of the board by:
D.E. Robinson
Director
The company is a private company limited by shares, registered in England & Wales.