IRIS Accounts Production v24.3.0.553 00181111 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh001811112023-03-31001811112024-03-31001811112023-04-012024-03-31001811112022-03-31001811112022-04-012023-03-31001811112023-03-3100181111ns15:EnglandWales2023-04-012024-03-3100181111ns14:PoundSterling2023-04-012024-03-3100181111ns10:Director12023-04-012024-03-3100181111ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3100181111ns10:SmallEntities2023-04-012024-03-3100181111ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3100181111ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3100181111ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3100181111ns10:FullAccounts2023-04-012024-03-3100181111ns10:Director22023-04-012024-03-3100181111ns10:CompanySecretary12023-04-012024-03-3100181111ns10:RegisteredOffice2023-04-012024-03-3100181111ns5:CurrentFinancialInstruments2024-03-3100181111ns5:CurrentFinancialInstruments2023-03-3100181111ns5:Non-currentFinancialInstruments2024-03-3100181111ns5:Non-currentFinancialInstruments2023-03-3100181111ns5:ShareCapital2024-03-3100181111ns5:ShareCapital2023-03-3100181111ns5:RetainedEarningsAccumulatedLosses2024-03-3100181111ns5:RetainedEarningsAccumulatedLosses2023-03-3100181111ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3100181111ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 00181111 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

SPOORS LIMITED

SPOORS LIMITED (REGISTERED NUMBER: 00181111)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPOORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M G P C Williams
R K Dore



SECRETARY: R K Dore



REGISTERED OFFICE: Rudland House
Railway Street
Bishop Auckland
Co. Durham
DL14 7LR



REGISTERED NUMBER: 00181111 (England and Wales)



SOLICITORS: Hewitts
207 Newgate Street
Bishop Auckland
County Durham
DL14 7EL

SPOORS LIMITED (REGISTERED NUMBER: 00181111)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £
CURRENT ASSETS
Debtors 4 33,951 9,986
Cash at bank 100 84,701
34,051 94,687
CREDITORS
Amounts falling due within one year 5 900 39,963
NET CURRENT ASSETS 33,151 54,724
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,151

54,724

CREDITORS
Amounts falling due after more than one
year

6

2,670

2,670
NET ASSETS 30,481 52,054

CAPITAL AND RESERVES
Called up share capital 5,024 5,024
Retained earnings 25,457 47,030
SHAREHOLDERS' FUNDS 30,481 52,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SPOORS LIMITED (REGISTERED NUMBER: 00181111)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2024 and were signed on its behalf by:





M G P C Williams - Director


SPOORS LIMITED (REGISTERED NUMBER: 00181111)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Spoors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is the total amount receivable by the company in respect of work done and the sale of goods, excluding VAT.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

In the case of the sale of goods, this is when the goods are dispatched. In the case of provision of services, this is when the work is carried out.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SPOORS LIMITED (REGISTERED NUMBER: 00181111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors - 3,028
Amount owed by holding company 33,951 -
Directors' current accounts - 2,545
Corporation tax - 4,413
33,951 9,986

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors - 3,786
Amount owed to holding company - 875
Social security and other taxes - 1,465
Other creditors - 6,260
Amount owed to related company - 21,700
Accruals and deferred income 900 5,877
900 39,963

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Preference shares classed as a liability 2,670 2,670

SPOORS LIMITED (REGISTERED NUMBER: 00181111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. RELATED PARTY DISCLOSURES

The directors of this company are also the directors of London Lending Library (Durham) Limited and GW Rudd Limited. They also have a shareholding interest in London Lending Library (Durham) Limited and GW Rudd Limited. Details of transactions between Spoors Limited and these companies are as follows:-

Balance due to related parties at 31 March 2024

London Lending Library (Durham) Limited: Nil (2023 - £21,700)

GW Rudd Limited: £NIL (2023 - £875)

Balance due from related parties at 31 March 2024

GW Rudd Limited: £33,951 (2023 - £NIL)

No interest is payable on the above balances and there are no set repayment terms.