Company registration number 10274003 (England and Wales)
SPADA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
SPADA LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
1,185
2,174
Current assets
124,344
138,665
Prepayments and accrued income
650
Creditors: amounts falling due within one year
(45,665)
(38,226)
Net current assets
79,329
100,439
Total assets less current liabilities
80,514
102,613
Accruals and deferred income
(1,700)
(2,700)
Net assets
78,814
99,913
Capital and reserves
78,814
99,913
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
The company made the following loans and advances to directors:
Advances to Directors
During the year £120,454 was advanced to a director and £120,356 was subsequently repaid. The balance owed by the director at the beginning of the year was £91,125 and at the end of the year was £91,224. This loan bore interest at the official HMRC rate of 2% when in debit, and was interest free when in credit. The loan is unsecured and has no repayment terms.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Spada Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bishopbrook House, Cathedral Avenue, WELLS, BA5 1FD.
For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
SPADA LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2023
31 December 2023
- 2 -
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on ......................... and are signed on its behalf by:
2024-09-23
..............................................
Mr R Ingham Brooke
Director
Company registration number 10274003 (England and Wales)