SPROUTO LTD

Company Registration Number:
09297043 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SPROUTO LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SPROUTO LTD

Company Information

for the Period Ended 31 March 2024




Director: SHAKEEL HUSSAIN
Registered office: 1
Balloon St
Manchester
England
M4 4BE
Company Registration Number: 09297043 (England and Wales)

SPROUTO LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 9,898 11,645
Total fixed assets: 9,898 11,645
Current assets
Debtors: 5 47,109 44,356
Cash at bank and in hand: 43,003
Total current assets: 90,112 44,356
Creditors: amounts falling due within one year: 6 ( 77,278 ) ( 88,549 )
Net current assets (liabilities): 12,834 ( 44,193 )
Total assets less current liabilities: 22,732 ( 32,548 )
Provision for liabilities: ( 1,880 )
Total net assets (liabilities): 20,852 ( 32,548 )

The notes form part of these financial statements

SPROUTO LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 20,851 ( 32,549 )
Shareholders funds: 20,852 ( 32,548 )

For the year ending 31 March 2024 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.

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 9 September 2024
And Signed On Behalf Of The Board By:

Name: SHAKEEL HUSSAIN
Status: Director

The notes form part of these financial statements

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 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 represents net invoiced provision of goods & services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever the shorter.

    Furniture and equipment - 15% on reducing balance

    A full years charge is made in the year of addition, but no charge is made in the year of disposal.

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2023 27,971 27,971
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 27,971 27,971
Depreciation
At 01 April 2023 16,326 16,326
Charge for year 1,747 1,747
On disposals - -
Other adjustments - -
At 31 March 2024 18,073 18,073
Net book value
At 31 March 2024 9,898 9,898
At 31 March 2023 11,645 11,645

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors


2024
£

2023
£
Trade debtors 47,109 34,731
Other debtors 9,625
Total 47,109 44,356

SPROUTO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 1,043
Taxation and social security 7,090 1,547
Other creditors 70,188 85,959
Total 77,278 88,549