IRIS Accounts Production v24.2.0.383 04895806 director 1.3.23 29.2.24 29.2.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048958062023-02-28048958062024-02-29048958062023-03-012024-02-29048958062022-02-28048958062022-03-012023-02-28048958062023-02-2804895806ns15:EnglandWales2023-03-012024-02-2904895806ns14:PoundSterling2023-03-012024-02-2904895806ns10:Director12023-03-012024-02-2904895806ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2904895806ns10:SmallEntities2023-03-012024-02-2904895806ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2904895806ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2904895806ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2904895806ns10:FullAccounts2023-03-012024-02-290489580612023-03-012024-02-2904895806ns10:CompanySecretary12023-03-012024-02-2904895806ns10:RegisteredOffice2023-03-012024-02-2904895806ns5:CurrentFinancialInstruments2024-02-2904895806ns5:CurrentFinancialInstruments2023-02-2804895806ns5:Non-currentFinancialInstruments2024-02-2904895806ns5:Non-currentFinancialInstruments2023-02-2804895806ns5:ShareCapital2024-02-2904895806ns5:ShareCapital2023-02-2804895806ns5:RetainedEarningsAccumulatedLosses2024-02-2904895806ns5:RetainedEarningsAccumulatedLosses2023-02-2804895806ns5:NetGoodwill2023-03-012024-02-2904895806ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2904895806ns5:NetGoodwill2023-02-2804895806ns5:NetGoodwill2024-02-2904895806ns5:NetGoodwill2023-02-2804895806ns5:PlantMachinery2023-02-2804895806ns5:PlantMachinery2023-03-012024-02-2904895806ns5:PlantMachinery2024-02-2904895806ns5:PlantMachinery2023-02-2804895806ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2904895806ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28
REGISTERED NUMBER: 04895806 (England and Wales)










SPA DAIRY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






SPA DAIRY LIMITED (REGISTERED NUMBER: 04895806)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPA DAIRY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: K S Mann





SECRETARY: Mrs B Kaur





REGISTERED OFFICE: Unit 1, Milverton House
Court Street
Leamington Spa
CV31 2BB





REGISTERED NUMBER: 04895806 (England and Wales)





ACCOUNTANTS: Bansal Accountants Limited
94 Marlborough Road
Coventry
West Midlands
CV2 4ER

SPA DAIRY LIMITED (REGISTERED NUMBER: 04895806)

BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 30,175 35,957
30,175 35,957

CURRENT ASSETS
Stocks 22,150 36,216
Debtors 6 127,969 115,064
Cash at bank and in hand 49,610 13,690
199,729 164,970
CREDITORS
Amounts falling due within one year 7 172,433 168,805
NET CURRENT ASSETS/(LIABILITIES) 27,296 (3,835 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,471

32,122

CREDITORS
Amounts falling due after more than one
year

8

33,820

40,342
NET ASSETS/(LIABILITIES) 23,651 (8,220 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,551 (8,320 )
23,651 (8,220 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SPA DAIRY LIMITED (REGISTERED NUMBER: 04895806)

BALANCE SHEET - continued
29 FEBRUARY 2024


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

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

The financial statements were approved by the director and authorised for issue on 19 September 2024 and were signed by:





K S Mann - Director


SPA DAIRY LIMITED (REGISTERED NUMBER: 04895806)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

SPA Dairy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

SPA DAIRY LIMITED (REGISTERED NUMBER: 04895806)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 80,000
AMORTISATION
At 1 March 2023
and 29 February 2024 80,000
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 109,192
DEPRECIATION
At 1 March 2023 73,235
Charge for year 5,782
At 29 February 2024 79,017
NET BOOK VALUE
At 29 February 2024 30,175
At 28 February 2023 35,957

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 100,717 107,983
Other debtors 27,252 7,081
127,969 115,064

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 161,594 166,931
Taxation and social security 9,339 152
Other creditors 1,500 1,722
172,433 168,805

SPA DAIRY LIMITED (REGISTERED NUMBER: 04895806)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 33,820 40,342

Amounts falling due in more than five years:

Repayable by instalments
Long Term bank loan 33,820 40,342