IRIS Accounts Production v24.1.9.2 03554361 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false A Ordinary shares 1.00000 B Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035543612023-03-31035543612024-03-31035543612023-04-012024-03-31035543612022-03-31035543612022-04-012023-03-31035543612023-03-3103554361ns15:EnglandWales2023-04-012024-03-3103554361ns14:PoundSterling2023-04-012024-03-3103554361ns10:Director12023-04-012024-03-3103554361ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103554361ns10:SmallEntities2023-04-012024-03-3103554361ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103554361ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103554361ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103554361ns10:AbridgedAccounts2023-04-012024-03-3103554361ns10:OrdinaryShareClass22023-04-012024-03-3103554361ns10:OrdinaryShareClass32023-04-012024-03-3103554361ns5:CurrentFinancialInstruments2024-03-3103554361ns5:CurrentFinancialInstruments2023-03-3103554361ns5:ShareCapital2024-03-3103554361ns5:ShareCapital2023-03-3103554361ns5:RetainedEarningsAccumulatedLosses2024-03-3103554361ns5:RetainedEarningsAccumulatedLosses2023-03-3103554361ns10:RegisteredOffice2023-04-012024-03-3103554361ns5:FurnitureFittings2023-04-012024-03-3103554361ns5:ComputerEquipment2023-04-012024-03-3103554361ns10:OrdinaryShareClass22024-03-3103554361ns10:OrdinaryShareClass32024-03-31
REGISTERED NUMBER: 03554361 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ISPITT LIMITED

ISPITT LIMITED (REGISTERED NUMBER: 03554361)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


ISPITT LIMITED (REGISTERED NUMBER: 03554361)

ABRIDGED BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,317 1,529

CURRENT ASSETS
Debtors 63,955 41,966
Cash at bank 51,448 88,462
115,403 130,428
CREDITORS
Amounts falling due within one year 90,201 91,047
NET CURRENT ASSETS 25,202 39,381
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,519

40,910

PROVISIONS FOR LIABILITIES 435 382
NET ASSETS 26,084 40,528

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 25,984 40,428
SHAREHOLDERS' FUNDS 26,084 40,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ISPITT LIMITED (REGISTERED NUMBER: 03554361)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2024 and were signed on its behalf by:





N D Quan - Director


ISPITT LIMITED (REGISTERED NUMBER: 03554361)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

ISPITT Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03554361

Registered office: 13 Castlecombe Drive
London
SW19 6RR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statement have been prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Office equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

ISPITT LIMITED (REGISTERED NUMBER: 03554361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 34,890
Additions 977
At 31 March 2024 35,867
DEPRECIATION
At 1 April 2023 33,361
Charge for year 1,189
At 31 March 2024 34,550
NET BOOK VALUE
At 31 March 2024 1,317
At 31 March 2023 1,529

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
70 A Ordinary shares 1.00 70 70
30 B Ordinary shares 1.00 30 30
100 100