1 November 2022 false No description of principal activity Taxfiler 2024.5 11606083business:PrivateLimitedCompanyLtd2022-11-012023-10-31 116060832022-10-31 116060832022-11-012023-10-31 11606083business:AuditExempt-NoAccountantsReport2022-11-012023-10-31 11606083business:FilletedAccounts2022-11-012023-10-31 116060832023-10-31 11606083business:Director12022-11-012023-10-31 11606083business:RegisteredOffice2022-11-012023-10-31 116060832022-10-31 11606083core:WithinOneYear2023-10-31 11606083core:WithinOneYear2022-10-31 11606083core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 11606083core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 11606083core:PreviouslyStatedAmount2023-10-31 11606083core:PreviouslyStatedAmount2022-10-31 11606083business:SmallEntities2022-11-012023-10-31 11606083countries:EnglandWales2022-11-012023-10-31 11606083core:Goodwill2022-10-31 11606083core:Goodwill2022-11-012023-10-31 11606083core:Goodwill2023-10-31 11606083core:MotorVehicles2022-10-31 11606083core:MotorVehicles2023-10-31 116060832021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 11606083 (England and Wales)
SP CONSTRUCTION MIDLANDS LTD Unaudited accounts for the year ended 31 October 2023
SP CONSTRUCTION MIDLANDS LTD Unaudited accounts Contents
Page
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SP CONSTRUCTION MIDLANDS LTD Company Information for the year ended 31 October 2023
Director
Mr Steven Horace Freeman
Company Number
11606083 (England and Wales)
Registered Office
11 VERNEY AVENUE BIRMINGHAM WEST MIDLANDS B33 0QE
Accountants
The Digital Accountant 20 Hampson Ave Clayton-Le-Woods Lancashire PR25 5TH
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SP CONSTRUCTION MIDLANDS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
16,710 
Tangible assets
2,715 
2,715 
2,715 
19,425 
Current assets
Debtors
35,116 
8,044 
Cash at bank and in hand
2,842 
3,429 
37,958 
11,473 
Creditors: amounts falling due within one year
(47,761)
(44,933)
Net current liabilities
(9,803)
(33,460)
Net liabilities
(7,088)
(14,035)
Capital and reserves
Profit and loss account
(7,088)
(14,035)
Shareholders' funds
(7,088)
(14,035)
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 18 July 2024 and were signed on its behalf by
Mr Steven Horace Freeman Director Company Registration No. 11606083
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SP CONSTRUCTION MIDLANDS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
SP CONSTRUCTION MIDLANDS LTD is a private company, limited by shares, registered in England and Wales, registration number 11606083. The registered office is 11 VERNEY AVENUE, BIRMINGHAM, WEST MIDLANDS, B33 0QE.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
16,710 
Disposals
(16,710)
At 31 October 2023
- 
Amortisation
At 1 November 2022
- 
At 31 October 2023
- 
Net book value
At 31 October 2023
- 
At 31 October 2022
16,710 
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SP CONSTRUCTION MIDLANDS LTD Notes to the Accounts for the year ended 31 October 2023
5
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2022
2,715 
At 31 October 2023
2,715 
Depreciation
At 31 October 2023
- 
Net book value
At 31 October 2023
2,715 
At 31 October 2022
2,715 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
124 
Trade debtors
20 
1,499 
Accrued income and prepayments
6,421 
6,421 
Other debtors
28,675 
- 
35,116 
8,044 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
37,996 
38,876 
VAT
229 
- 
Taxes and social security
4,428 
4,856 
Other creditors
1,983 
(2,010)
Loans from directors
(3,160)
(3,075)
Accruals
6,285 
6,286 
47,761 
44,933 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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