19 March 2023 false No description of principal activity Taxfiler 2024.5 14740430business:PrivateLimitedCompanyLtd2023-03-192024-02-29 147404302023-03-18 147404302023-03-192024-02-29 14740430business:AuditExemptWithAccountantsReport2023-03-192024-02-29 14740430business:FilletedAccounts2023-03-192024-02-29 147404302024-02-29 14740430business:Director12023-03-192024-02-29 14740430business:Director22023-03-192024-02-29 14740430business:RegisteredOffice2023-03-192024-02-29 14740430core:WithinOneYear2024-02-29 14740430core:AfterOneYear2024-02-29 14740430core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 14740430core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 14740430core:PreviouslyStatedAmount2024-02-29 14740430business:SmallEntities2023-03-192024-02-29 14740430countries:EnglandWales2023-03-192024-02-29 14740430core:MoreThanFiveYears2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 14740430 (England and Wales)
Spence Lettings Limited Unaudited accounts for the period from 19 March 2023 to 29 February 2024
Spence Lettings Limited Unaudited accounts Contents
Page
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Spence Lettings Limited Company Information for the period from 19 March 2023 to 29 February 2024
Directors
Abbie Louise Spence Paul Adrian Spence
Company Number
14740430 (England and Wales)
Registered Office
59 PRINCIPAL RISE DRINGHOUSES YORK YO24 1UF ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Spence Lettings Limited Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Investment property
187,091 
Current assets
Cash at bank and in hand
1,035 
Creditors: amounts falling due within one year
(81,640)
Net current liabilities
(80,605)
Total assets less current liabilities
106,486 
Creditors: amounts falling due after more than one year
(106,247)
Net assets
239 
Capital and reserves
Called up share capital
2 
Profit and loss account
237 
Shareholders' funds
239 
For the period 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 1 October 2024 and were signed on its behalf by
Abbie Louise Spence Director Company Registration No. 14740430
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Spence Lettings Limited Notes to the Accounts for the period from 19 March 2023 to 29 February 2024
1
Statutory information
Spence Lettings Limited is a private company, limited by shares, registered in England and Wales, registration number 14740430. The registered office is 59 PRINCIPAL RISE, DRINGHOUSES, YORK, YO24 1UF, 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 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Additions
187,091 
At 29 February 2024
187,091 
5
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
56 
Loans from directors
80,984 
Accruals
600 
81,640 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
106,247 
Aggregate of amounts that fall due for payment after five years
106,247 
7
Average number of employees
During the period the average number of employees was 0.
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