THUNDER SPARKS LTD

Company Registration Number:
12277528 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

THUNDER SPARKS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

THUNDER SPARKS LTD

Company Information

for the Period Ended 31 October 2023




Director: Jody John Fowler
Bartosz Maziarz
Registered office: Jody Fowler
16 Station Road
Billericay
Essex
England
CM12 9DP
Company Registration Number: 12277528 (England and Wales)

THUNDER SPARKS LTD

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

The company's principal activity during the period was the Electrical installation.

Additional information

Statement of directors' responsibilities: The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions: This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Jody John Fowler
Bartosz Maziarz

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Jody John Fowler
Status: Director

THUNDER SPARKS LTD

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 30,796 24,304
Total fixed assets: 30,796 24,304
Current assets
Debtors: 164,040 133,626
Cash at bank and in hand: 11,450 21,812
Total current assets: 175,490 155,438
Creditors: amounts falling due within one year: ( 89,071 ) ( 69,566 )
Net current assets (liabilities): 86,419 85,872
Total assets less current liabilities: 117,215 110,176
Creditors: amounts falling due after more than one year: ( 14,563 ) ( 0 )
Accruals and deferred income: ( 350 ) ( 700 )
Total net assets (liabilities): 102,302 109,476

The notes form part of these financial statements

THUNDER SPARKS LTD

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 102,202 109,376
Shareholders funds: 102,302 109,476

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Jody John Fowler
Status: Director

The notes form part of these financial statements

THUNDER SPARKS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
    tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such
    that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by
    reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs
    incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives:

    Computer equipment 33% straight line
    Fixture and Fittings 25% straight line
    Plant & Machinery 20% straight line
    Motor Vehicle 20% straight line

    Other 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.

THUNDER SPARKS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 4

THUNDER SPARKS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

THUNDER SPARKS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 30,488
Additions 16,267
Disposals -
Revaluations -
Transfers -
At 31 October 2023 46,755
Depreciation
At 01 November 2022 6,184
Charge for year 9,775
On disposals -
Other adjustments -
At 31 October 2023 15,959
Net book value
At 31 October 2023 30,796
At 31 October 2022 24,304