Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09346468 Mr Giles Underhill Mr Permjit Sulh Mr Grahame Seaman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09346468 2022-12-31 09346468 2023-12-31 09346468 2023-01-01 2023-12-31 09346468 frs-core:Non-currentFinancialInstruments 2023-12-31 09346468 frs-core:ShareCapital 2023-12-31 09346468 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09346468 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09346468 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 09346468 frs-bus:SmallEntities 2023-01-01 2023-12-31 09346468 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09346468 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09346468 frs-core:CostValuation 2022-12-31 09346468 frs-core:CostValuation 2023-12-31 09346468 frs-bus:Director1 2023-01-01 2023-12-31 09346468 frs-bus:Director2 2023-01-01 2023-12-31 09346468 frs-bus:Director3 2023-01-01 2023-12-31 09346468 frs-countries:EnglandWales 2023-01-01 2023-12-31 09346468 2021-12-31 09346468 2022-12-31 09346468 2022-01-01 2022-12-31 09346468 frs-core:Non-currentFinancialInstruments 2022-12-31 09346468 frs-core:ShareCapital 2022-12-31 09346468 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09346468
SPAREPENNY LANE LIMITED
ABRIDGED Financial Statements
For The Year Ended 31 December 2023
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Financial Statements
Contents
Page
Accountants' Report 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of SPAREPENNY LANE LIMITED for the year ended 31 December 2023
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SPAREPENNY LANE LIMITED which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of SPAREPENNY LANE LIMITED , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of SPAREPENNY LANE LIMITED and state those matters that we have agreed to state to the directors of SPAREPENNY LANE LIMITED , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SPAREPENNY LANE LIMITED and its directors as a body for our work or for this report.
It is your duty to ensure that SPAREPENNY LANE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of SPAREPENNY LANE LIMITED . You consider that SPAREPENNY LANE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SPAREPENNY LANE LIMITED . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
16 September 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Page 1
Page 2
Abridged Balance Sheet
Registered number: 09346468
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 3 564,157 564,157
564,157 564,157
CURRENT ASSETS
Cash at bank and in hand 911 958
911 958
Creditors: Amounts Falling Due Within One Year (393,637 ) (369,409 )
NET CURRENT ASSETS (LIABILITIES) (392,726 ) (368,451 )
TOTAL ASSETS LESS CURRENT LIABILITIES 171,431 195,706
Creditors: Amounts Falling Due After More Than One Year (252,821 ) (252,820 )
NET LIABILITIES (81,390 ) (57,114 )
CAPITAL AND RESERVES
Called up share capital 4 9 9
Profit and Loss Account (81,399 ) (57,123 )
SHAREHOLDERS' FUNDS (81,390) (57,114)
Page 2
Page 3
For the year ending 31 December 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Giles Underhill
Director
Mr Permjit Sulh
Director
16 September 2024
The notes on page 4 form part of these financial statements.
Page 3
Page 4
Notes to the Abridged Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
3. Investments
Total
£
Cost
As at 1 January 2023 564,157
As at 31 December 2023 564,157
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 564,157
As at 1 January 2023 564,157
4. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 9 9
Page 4