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Company Registration No. 08418638 (England and Wales)
Springfield Hill Associates Ltd Unaudited accounts for the year ended 29 February 2024
Springfield Hill Associates Ltd Unaudited accounts Contents
Page
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Springfield Hill Associates Ltd Company Information for the year ended 29 February 2024
Directors
Mr D Murphy Mrs M C Murphy
Company Number
08418638 (England and Wales)
Registered Office
12 Cwrt Y Parc, Earlswood Road Ty Glas, Llanishen Cardiff CF14 5GH
Accountants
williams lester accountants ltd 12 Cwrt Y Parc, Earlswood Road Llanishen Cardiff Cardiff CF14 5GH
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Springfield Hill Associates Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
707 
339 
Investments
56,220 
48,325 
56,927 
48,664 
Current assets
Debtors
6,720 
7,654 
Cash at bank and in hand
45,519 
58,988 
52,239 
66,642 
Creditors: amounts falling due within one year
(20,150)
(23,332)
Net current assets
32,089 
43,310 
Net assets
89,016 
91,974 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
(11,523)
(19,418)
Profit and loss account
100,538 
111,391 
Shareholders' funds
89,016 
91,974 
For the year ending 29 February 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2024 and were signed on its behalf by
Mr D Murphy Director Company Registration No. 08418638
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Springfield Hill Associates Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Springfield Hill Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 08418638. The registered office is 12 Cwrt Y Parc, Earlswood Road, Ty Glas, Llanishen, Cardiff, CF14 5GH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% sltraight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
3,165 
Additions
807 
At 29 February 2024
3,972 
Depreciation
At 1 March 2023
2,826 
Charge for the year
439 
At 29 February 2024
3,265 
Net book value
At 29 February 2024
707 
At 28 February 2023
339 
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Springfield Hill Associates Ltd Notes to the Accounts for the year ended 29 February 2024
5
Investments
Other investments 
£ 
Valuation at 1 March 2023
48,325 
Additions
7,895 
Valuation at 29 February 2024
56,220 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,720 
7,654 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,313 
12,328 
Taxes and social security
8,928 
11,137 
Loans from directors
(1,091)
(133)
20,150 
23,332 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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