Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31truefalsefalse22022-11-01No description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11629669 2022-11-01 2023-10-31 11629669 2021-11-01 2022-10-31 11629669 2023-10-31 11629669 2022-10-31 11629669 c:Director2 2022-11-01 2023-10-31 11629669 d:CurrentFinancialInstruments 2023-10-31 11629669 d:CurrentFinancialInstruments 2022-10-31 11629669 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 11629669 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 11629669 d:ShareCapital 2023-10-31 11629669 d:ShareCapital 2022-10-31 11629669 c:FRS102 2022-11-01 2023-10-31 11629669 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 11629669 c:FullAccounts 2022-11-01 2023-10-31 11629669 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11629669 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 11629669









S & P DEVELOPMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
S & P DEVELOPMENTS LIMITED
REGISTERED NUMBER: 11629669

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2023
2022
2022
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,157
2,436

  
2,157
2,436

Creditors: amounts falling due within one year
 5 
(2,057)
(2,336)

Net current assets
  
 
 
100
 
 
100

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 July 2024.




P Bajaj
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
S & P DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

S & P Developments Limited is a private limited company incorporated and domiciled in England.  Its registered office is situated at Cromwell House, 68 West Gate, Mansfield, Nottinghamshire NG18 1RR.  Its principal place of business is The James Darby Building, Byron Avenue, Lowmoor Business Park, Kirkby-in-Ashfield, Nottinghamshire NG17 7LA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company relies on financial support given by the directors.
The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company is expected to generate positive cash flows for the foreseeable future and should therefore be able to operate within the current level of working capital.
At the date of approving the financial statements, there remains a degree of uncertainty surrounding the full impact of brexit, combined with the cost of living pressures and the wider geopolitical environment, however these have not had a significant impact on the company's operations.
Hence, the directors believe it is appropriate to adopt the going concern basis of preparation of the financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 2

 
S & P DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Other debtors
100
100

Prepayments and accrued income
2,057
2,336

2,157
2,436



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
2,057
2,336


 
Page 3