2022-11-012023-10-312023-10-31false11047700SPARK BUSINESS DEVELOPMENT LTD2024-07-3070229iso4217:GBPxbrli:pure110477002022-11-01110477002023-10-31110477002022-11-012023-10-31110477002021-11-01110477002022-10-31110477002021-11-012022-10-3111047700bus:SmallEntities2022-11-012023-10-3111047700bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3111047700bus:FullAccounts2022-11-012023-10-3111047700bus:PrivateLimitedCompanyLtd2022-11-012023-10-3111047700core:WithinOneYear2023-10-3111047700core:AfterOneYear2023-10-3111047700core:WithinOneYear2022-10-3111047700core:AfterOneYear2022-10-3111047700core:ShareCapital2023-10-3111047700core:SharePremium2023-10-3111047700core:RevaluationReserve2023-10-3111047700core:OtherReservesSubtotal2023-10-3111047700core:RetainedEarningsAccumulatedLosses2023-10-3111047700core:ShareCapital2022-10-3111047700core:SharePremium2022-10-3111047700core:RevaluationReserve2022-10-3111047700core:OtherReservesSubtotal2022-10-3111047700core:RetainedEarningsAccumulatedLosses2022-10-3111047700core:LandBuildings2023-10-3111047700core:PlantMachinery2023-10-3111047700core:Vehicles2023-10-3111047700core:FurnitureFittings2023-10-3111047700core:OfficeEquipment2023-10-3111047700core:NetGoodwill2023-10-3111047700core:IntangibleAssetsOtherThanGoodwill2023-10-3111047700core:ListedExchangeTraded2023-10-3111047700core:UnlistedNon-exchangeTraded2023-10-3111047700core:LandBuildings2022-10-3111047700core:PlantMachinery2022-10-3111047700core:Vehicles2022-10-3111047700core:FurnitureFittings2022-10-3111047700core:OfficeEquipment2022-10-3111047700core:NetGoodwill2022-10-3111047700core:IntangibleAssetsOtherThanGoodwill2022-10-3111047700core:ListedExchangeTraded2022-10-3111047700core:UnlistedNon-exchangeTraded2022-10-3111047700core:LandBuildings2022-11-012023-10-3111047700core:PlantMachinery2022-11-012023-10-3111047700core:Vehicles2022-11-012023-10-3111047700core:FurnitureFittings2022-11-012023-10-3111047700core:OfficeEquipment2022-11-012023-10-3111047700core:NetGoodwill2022-11-012023-10-3111047700core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111047700core:ListedExchangeTraded2022-11-012023-10-3111047700core:UnlistedNon-exchangeTraded2022-11-012023-10-3111047700core:MoreThanFiveYears2022-11-012023-10-3111047700core:Non-currentFinancialInstruments2023-10-3111047700core:Non-currentFinancialInstruments2022-10-3111047700dpl:CostSales2022-11-012023-10-3111047700dpl:DistributionCosts2022-11-012023-10-3111047700core:LandBuildings2022-11-012023-10-3111047700core:PlantMachinery2022-11-012023-10-3111047700core:Vehicles2022-11-012023-10-3111047700core:FurnitureFittings2022-11-012023-10-3111047700core:OfficeEquipment2022-11-012023-10-3111047700dpl:AdministrativeExpenses2022-11-012023-10-3111047700core:NetGoodwill2022-11-012023-10-3111047700core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111047700dpl:GroupUndertakings2022-11-012023-10-3111047700dpl:ParticipatingInterests2022-11-012023-10-3111047700dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3111047700core:ListedExchangeTraded2022-11-012023-10-3111047700dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3111047700core:UnlistedNon-exchangeTraded2022-11-012023-10-3111047700dpl:CostSales2021-11-012022-10-3111047700dpl:DistributionCosts2021-11-012022-10-3111047700core:LandBuildings2021-11-012022-10-3111047700core:PlantMachinery2021-11-012022-10-3111047700core:Vehicles2021-11-012022-10-3111047700core:FurnitureFittings2021-11-012022-10-3111047700core:OfficeEquipment2021-11-012022-10-3111047700dpl:AdministrativeExpenses2021-11-012022-10-3111047700core:NetGoodwill2021-11-012022-10-3111047700core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3111047700dpl:GroupUndertakings2021-11-012022-10-3111047700dpl:ParticipatingInterests2021-11-012022-10-3111047700dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3111047700core:ListedExchangeTraded2021-11-012022-10-3111047700dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3111047700core:UnlistedNon-exchangeTraded2021-11-012022-10-3111047700core:NetGoodwill2023-10-3111047700core:IntangibleAssetsOtherThanGoodwill2023-10-3111047700core:LandBuildings2023-10-3111047700core:PlantMachinery2023-10-3111047700core:Vehicles2023-10-3111047700core:FurnitureFittings2023-10-3111047700core:OfficeEquipment2023-10-3111047700core:AfterOneYear2023-10-3111047700core:WithinOneYear2023-10-3111047700core:ListedExchangeTraded2023-10-3111047700core:UnlistedNon-exchangeTraded2023-10-3111047700core:ShareCapital2023-10-3111047700core:SharePremium2023-10-3111047700core:RevaluationReserve2023-10-3111047700core:OtherReservesSubtotal2023-10-3111047700core:RetainedEarningsAccumulatedLosses2023-10-3111047700core:NetGoodwill2022-10-3111047700core:IntangibleAssetsOtherThanGoodwill2022-10-3111047700core:LandBuildings2022-10-3111047700core:PlantMachinery2022-10-3111047700core:Vehicles2022-10-3111047700core:FurnitureFittings2022-10-3111047700core:OfficeEquipment2022-10-3111047700core:AfterOneYear2022-10-3111047700core:WithinOneYear2022-10-3111047700core:ListedExc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SPARK BUSINESS DEVELOPMENT LTD

Registered Number
11047700
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

SPARK BUSINESS DEVELOPMENT LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

FOX, John Martin

Registered Address

20-22 Wenlock Road
London
N1 7GU

Registered Number

11047700 (England and Wales)
SPARK BUSINESS DEVELOPMENT LTD
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3-503
-503
Current assets
Cash at bank and on hand3682,592
3682,592
Creditors amounts falling due within one year4(8,250)(8,758)
Net current assets (liabilities)(7,882)(6,166)
Total assets less current liabilities(7,882)(5,663)
Net assets(7,882)(5,663)
Capital and reserves
Called up share capital22
Profit and loss account(7,884)(5,665)
Shareholders' funds(7,882)(5,663)
The financial statements were approved and authorised for issue by the Director on 30 July 2024, and are signed on its behalf by:
FOX, John Martin
Director
Registered Company No. 11047700
SPARK BUSINESS DEVELOPMENT LTD
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 November 223,2433,243
At 31 October 233,2433,243
Depreciation and impairment
At 01 November 222,7402,740
Charge for year503503
At 31 October 233,2433,243
Net book value
At 31 October 23--
At 31 October 22503503
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables-288
Other creditors8,2508,470
Total8,2508,758
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.