IRIS Accounts Production v24.1.0.576 07860861 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078608612022-11-30078608612023-11-30078608612022-12-012023-11-30078608612021-11-30078608612021-12-012022-11-30078608612022-11-3007860861ns15:EnglandWales2022-12-012023-11-3007860861ns14:PoundSterling2022-12-012023-11-3007860861ns10:Director12022-12-012023-11-3007860861ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3007860861ns10:SmallEntities2022-12-012023-11-3007860861ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3007860861ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3007860861ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3007860861ns10:FullAccounts2022-12-012023-11-300786086112022-12-012023-11-3007860861ns10:OrdinaryShareClass12022-12-012023-11-3007860861ns10:OrdinaryShareClass22022-12-012023-11-3007860861ns10:Director22022-12-012023-11-3007860861ns10:RegisteredOffice2022-12-012023-11-3007860861ns5:CurrentFinancialInstruments2023-11-3007860861ns5:CurrentFinancialInstruments2022-11-3007860861ns5:ShareCapital2023-11-3007860861ns5:ShareCapital2022-11-3007860861ns5:RetainedEarningsAccumulatedLosses2023-11-3007860861ns5:RetainedEarningsAccumulatedLosses2022-11-3007860861ns5:NetGoodwill2022-12-012023-11-3007860861ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3007860861ns5:NetGoodwill2022-11-3007860861ns5:NetGoodwill2023-11-3007860861ns5:NetGoodwill2022-11-3007860861ns5:PlantMachinery2022-12-012023-11-3007860861ns5:FurnitureFittings2022-12-012023-11-3007860861ns5:ComputerEquipment2022-12-012023-11-3007860861ns5:PlantMachinery2023-11-3007860861ns5:FurnitureFittings2023-11-3007860861ns5:ComputerEquipment2023-11-3007860861ns10:OrdinaryShareClass12023-11-3007860861ns10:OrdinaryShareClass22023-11-3007860861ns5:RetainedEarningsAccumulatedLosses2022-11-3007860861ns5:RetainedEarningsAccumulatedLosses2022-12-012023-11-30
REGISTERED NUMBER: 07860861 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

P Sparks Limited

P Sparks Limited (Registered number: 07860861)

Contents of the Financial Statements
for the year ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

P Sparks Limited

Company Information
for the year ended 30 November 2023







DIRECTORS: Mrs J M Sparks
P R Sparks





REGISTERED OFFICE: Ventura Claremont Road
Kingsdown
Deal
Kent
CT14 8BU





REGISTERED NUMBER: 07860861 (England and Wales)





ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG

P Sparks Limited (Registered number: 07860861)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,000 13,500
Tangible assets 5 7,575 -
19,575 13,500

CURRENT ASSETS
Debtors 6 8,969 12,683
Cash at bank 18,979 5,642
27,948 18,325
CREDITORS
Amounts falling due within one year 7 13,762 13,802
NET CURRENT ASSETS 14,186 4,523
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,761

18,023

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 9 33,758 18,020
SHAREHOLDERS' FUNDS 33,761 18,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

P Sparks Limited (Registered number: 07860861)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by:





P R Sparks - Director


P Sparks Limited (Registered number: 07860861)

Notes to the Financial Statements
for the year ended 30 November 2023


1. STATUTORY INFORMATION

P Sparks Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of twelve years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

P Sparks Limited (Registered number: 07860861)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 18,000
AMORTISATION
At 1 December 2022 4,500
Amortisation for year 1,500
At 30 November 2023 6,000
NET BOOK VALUE
At 30 November 2023 12,000
At 30 November 2022 13,500

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
Additions 1,083 6,611 1,673 9,367
At 30 November 2023 1,083 6,611 1,673 9,367
DEPRECIATION
Charge for year 218 1,323 251 1,792
At 30 November 2023 218 1,323 251 1,792
NET BOOK VALUE
At 30 November 2023 865 5,288 1,422 7,575

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,969 12,683

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 8,183 8,836
VAT 4,859 3,760
Directors' current accounts - 606
Accrued expenses 720 600
13,762 13,802

P Sparks Limited (Registered number: 07860861)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary A £1 2 2
1 Ordinary B £1 1 1
3 3

9. RESERVES
Retained
earnings
£   

At 1 December 2022 18,020
Profit for the year 40,959
Dividends (25,221 )
At 30 November 2023 33,758

P Sparks Limited

Report of the Accountants to the Directors of
P Sparks Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG


Date: .............................................