SPRING PART MANUFACTURING LIMITED

Company Registration Number:
01189729 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

SPRING PART MANUFACTURING LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

SPRING PART MANUFACTURING LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 402,111 408,064
Total fixed assets: 402,111 408,064
Current assets
Stocks: 487,823 617,603
Debtors:   854,806 727,105
Total current assets: 1,342,629 1,344,708
Creditors: amounts falling due within one year:   (1,215,764) (1,381,589)
Net current assets (liabilities): 126,865 (36,881)
Total assets less current liabilities: 528,976 371,183
Creditors: amounts falling due after more than one year:   (1,881,610) (1,923,263)
Total net assets (liabilities): (1,352,634) (1,552,080)
Capital and reserves
Called up share capital: 5,555 5,555
Profit and loss account: (1,358,189) (1,557,635)
Shareholders funds: (1,352,634) (1,552,080)

The notes form part of these financial statements

SPRING PART MANUFACTURING LIMITED

Balance sheet statements

For the year ending 30 April 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 July 2024
and signed on behalf of the board by:

Name: S J Cann
Status: Director

The notes form part of these financial statements

SPRING PART MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SPRING PART MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 26 25

SPRING PART MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 1,733,817
Additions 29,345
At 30 April 2024 1,763,162
Depreciation
At 01 May 2023 1,325,753
Charge for year 35,298
At 30 April 2024 1,361,051
Net book value
At 30 April 2024 402,111
At 30 April 2023 408,064

SPRING PART MANUFACTURING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Related party transactions

Name of the related party: Entity with Control
Relationship:
Controlling Party
Description of the Transaction: Loan
£
Balance at 01 May 2023 1,844,310
Balance at 30 April 2024 1,819,310
Name of the related party: Other Related Party
Relationship:
Supplier
Description of the Transaction: Trade Creditor
£
Balance at 01 May 2023 200
Balance at 30 April 2024 210