Registration number:
Springfield Trading Ltd
for the Year Ended 31 October 2023
Springfield Trading Ltd
Contents
Abridged Balance Sheet |
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Notes to the Unaudited Abridged Financial Statements |
Springfield Trading Ltd
(Registration number: 12051972)
Abridged Balance Sheet as at 31 October 2023
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2023 |
2022 |
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Fixed assets |
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Investments |
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Other financial assets |
124,665 |
59,309 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Revaluation reserve |
( |
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Profit and loss account |
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Total equity |
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Springfield Trading Ltd
(Registration number: 12051972)
Abridged Balance Sheet as at 31 October 2023
For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
All of the Company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
Mr S J Davies
Director
Miss C Powell
Director
Springfield Trading Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Wales
These financial statements were authorised for issue by the
Accounting policies |
Statement of compliance
These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Investments
Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment. The fair value used for listed equity shares and bonds is the closing market price at the balance sheet date.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investments |
Total |
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Cost or valuation |
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At 1 November 2022 |
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Carrying amount |
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At 31 October 2023 |
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At 31 October 2022 |
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Springfield Trading Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2023
Other financial assets (current and non-current) |
Financial assets at fair value through profit and loss |
Total |
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Non-current financial assets |
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Cost or valuation |
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At 1 November 2022 |
59,309 |
59,309 |
Fair value adjustments |
16,970 |
16,970 |
Additions |
127,268 |
127,268 |
Disposals |
(78,882) |
(78,882) |
At 31 October 2023 |
124,665 |
124,665 |
Carrying amount |
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At 31 October 2023 |
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124,665 |
Related party transactions |
Advances to directors |
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