1 June 2023 false No description of principal activity Taxfiler 2024.5 05459541business:PrivateLimitedCompanyLtd2023-06-012024-05-31 054595412023-05-31 054595412023-06-012024-05-31 05459541business:AuditExemptWithAccountantsReport2023-06-012024-05-31 05459541business:FilletedAccounts2023-06-012024-05-31 054595412024-05-31 05459541business:Director12023-06-012024-05-31 05459541business:Director22023-06-012024-05-31 05459541business:RegisteredOffice2023-06-012024-05-31 054595412023-05-31 05459541core:WithinOneYear2024-05-31 05459541core:WithinOneYear2023-05-31 05459541core:AfterOneYear2024-05-31 05459541core:AfterOneYear2023-05-31 05459541core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 05459541core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 05459541core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 05459541core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 05459541core:PreviouslyStatedAmount2024-05-31 05459541core:PreviouslyStatedAmount2023-05-31 05459541business:SmallEntities2023-06-012024-05-31 05459541countries:EnglandWales2023-06-012024-05-31 05459541core:LandBuildings2023-05-31 05459541core:LandBuildings2024-05-31 05459541business:OrdinaryShareClass12023-06-012024-05-31 05459541business:OrdinaryShareClass12022-06-012023-05-31 054595412022-06-012023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05459541 (England and Wales)
SPANKEY HOMES LIMITED Unaudited accounts for the year ended 31 May 2024
SPANKEY HOMES LIMITED Unaudited accounts Contents
Page
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SPANKEY HOMES LIMITED Company Information for the year ended 31 May 2024
Directors
J Liburd I Mitchell
Company Number
05459541 (England and Wales)
Registered Office
CORNER CHAMBERS 590A KINGSBURY ROAD BIRMINGHAM WEST MIDLANDS B24 9ND
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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SPANKEY HOMES LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
403,109 
403,109 
Current assets
Cash at bank and in hand
5,826 
10,071 
Creditors: amounts falling due within one year
(582)
(564)
Net current assets
5,244 
9,507 
Total assets less current liabilities
408,353 
412,616 
Creditors: amounts falling due after more than one year
(405,079)
(400,771)
Net assets
3,274 
11,845 
Capital and reserves
Called up share capital
501 
501 
Profit and loss account
2,773 
11,344 
Shareholders' funds
3,274 
11,845 
For the year ending 31 May 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 22 July 2024 and were signed on its behalf by
J Liburd Director Company Registration No. 05459541
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SPANKEY HOMES LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SPANKEY HOMES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05459541. The registered office is CORNER CHAMBERS, 590A KINGSBURY ROAD, BIRMINGHAM, WEST MIDLANDS, B24 9ND.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 June 2023
403,109 
At 31 May 2024
403,109 
Depreciation
At 31 May 2024
- 
Net book value
At 31 May 2024
403,109 
At 31 May 2023
403,109 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
582 
564 
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SPANKEY HOMES LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
218,282 
227,566 
Loans from directors
186,797 
173,205 
405,079 
400,771 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
501 Ordinary shares of £1 each
501 
501 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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