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Company Registration No. 09831844 (England and Wales)
Spice & Spirits Bars Ltd Unaudited accounts for the year ended 31 October 2023
Spice & Spirits Bars Ltd Unaudited accounts Contents
Page
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Spice & Spirits Bars Ltd Company Information for the year ended 31 October 2023
Director
Gurnek Singh Dhillon
Company Number
09831844 (England and Wales)
Registered Office
109 Catherine Street Leicester LE4 6EP England
Accountants
Capital Talks LLP Accountants & Tax consultants 310D - EW Sterling House Langston Road Loughton IG10 3TS
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Spice & Spirits Bars Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
502 
389 
Current assets
Inventories
24,833 
- 
Debtors
42,106 
31,293 
Cash at bank and in hand
37,519 
18,309 
104,458 
49,602 
Creditors: amounts falling due within one year
(31,788)
(9,217)
Net current assets
72,670 
40,385 
Total assets less current liabilities
73,172 
40,774 
Creditors: amounts falling due after more than one year
(76,446)
(36,429)
Net (liabilities)/assets
(3,274)
4,345 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,374)
4,245 
Shareholders' funds
(3,274)
4,345 
For the 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. 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 25 July 2024 and were signed on its behalf by
Gurnek Singh Dhillon Director Company Registration No. 09831844
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Spice & Spirits Bars Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Spice & Spirits Bars Ltd is a private company, limited by shares, registered in England and Wales, registration number 09831844. The registered office is 109 Catherine Street, Leicester, LE4 6EP, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2022
1,550 
Additions
500 
At 31 October 2023
2,050 
Depreciation
At 1 November 2022
1,161 
Charge for the year
387 
At 31 October 2023
1,548 
Net book value
At 31 October 2023
502 
At 31 October 2022
389 
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Spice & Spirits Bars Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,964 
16,600 
Accrued income and prepayments
8,475 
8,475 
Other debtors
5,667 
6,218 
42,106 
31,293 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,240 
6,240 
VAT
12,792 
1,031 
Trade creditors
3,193 
- 
Taxes and social security
8,057 
1,946 
Other creditors
1,389 
- 
Accruals
117 
- 
31,788 
9,217 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
76,446 
36,429 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
The director Gurnek Singh Dhillon controls the company as a result of controlling directly 100% of the issued shares capital.
10
Average number of employees
During the year the average number of employees was 11 (2022: 1).
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