1 January 2023 true No description of principal activity Taxfiler 2024.5 05659725business:PrivateLimitedCompanyLtd2023-01-012023-12-31 056597252022-12-31 05659725business:EntityNoLongerTradingButTradedInPast2023-01-012023-12-31 056597252023-01-012023-12-31 05659725business:AuditExemptWithAccountantsReport2023-01-012023-12-31 05659725business:AbridgedAccounts2023-01-012023-12-31 056597252023-12-31 05659725business:Director12023-01-012023-12-31 05659725business:CompanySecretary12023-01-012023-12-31 05659725business:RegisteredOffice2023-01-012023-12-31 056597252022-12-31 05659725core:WithinOneYear2023-12-31 05659725core:WithinOneYear2022-12-31 05659725core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 05659725core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 05659725core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 05659725core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 05659725core:PreviouslyStatedAmount2023-12-31 05659725core:PreviouslyStatedAmount2022-12-31 05659725business:SmallEntities2023-01-012023-12-31 05659725countries:EnglandWales2023-01-012023-12-31 056597252022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05659725 (England and Wales)
Sparti Assets (UK) Limited Unaudited accounts for the year ended 31 December 2023
Sparti Assets (UK) Limited Unaudited accounts Contents
Page
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Sparti Assets (UK) Limited Company Information for the year ended 31 December 2023
Director
Andre Misso
Secretary
Andre Misso
Company Number
05659725 (England and Wales)
Registered Office
G14 MOULTON PARK BUSINESS CENTRE REDHOUSE ROAD NORTHAMPTON NN3 6AQ ENGLAND
Accountants
The Tax Shop Group Ltd Moulton Park Business Centre Redhouse Road Northampton Northamptonshire NN3 6AQ
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Sparti Assets (UK) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
62 
62 
Creditors: amounts falling due within one year
(987,667)
(987,667)
Net current liabilities
(987,605)
(987,605)
Net liabilities
(987,605)
(987,605)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(987,705)
(987,705)
Shareholders' funds
(987,605)
(987,605)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 the year in accordance with Section 444(2A).
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 and authorised for issue on 16 September 2024 and were signed on its behalf by
Andre Misso Director Company Registration No. 05659725
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Sparti Assets (UK) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Sparti Assets (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 05659725. The registered office is G14 MOULTON PARK BUSINESS CENTRE, REDHOUSE ROAD, NORTHAMPTON, NN3 6AQ, ENGLAND.
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.
4
Transactions with related parties
Included in other debtors are balances of £347,066 (2022: £347,066), £160,364 (2022: £160,364) and £27,399 (2022: £27,399) owed by Tebai Investment Limited, Ithaca Assets Limited and Sparti Assets Limited respectively. A full provision has been made against these loans. These companies are incorporated in Israel. Included in other creditors is a loan from R J Brown (holdings) Limited (the company's parent undertaking) amounting £987,667 (2022 £987,667) at the balance sheet date.
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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