1 April 2023 false No description of principal activity Taxfiler 2024.5 true 08965773business:PrivateLimitedCompanyLtd2023-04-012024-03-31 089657732023-03-31 089657732023-04-012024-03-31 08965773business:AuditExemptWithAccountantsReport2023-04-012024-03-31 08965773business:FilletedAccounts2023-04-012024-03-31 089657732024-03-31 08965773business:Director12023-04-012024-03-31 08965773business:Director22023-04-012024-03-31 08965773business:RegisteredOffice2023-04-012024-03-31 089657732023-03-31 08965773core:WithinOneYear2024-03-31 08965773core:WithinOneYear2023-03-31 08965773core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08965773core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08965773core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08965773core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08965773core:PreviouslyStatedAmount2024-03-31 08965773core:PreviouslyStatedAmount2023-03-31 08965773business:SmallEntities2023-04-012024-03-31 08965773countries:EnglandWales2023-04-012024-03-31 08965773core:PlantMachinery2023-04-012024-03-31 08965773core:MotorVehicles2023-04-012024-03-31 08965773core:PlantMachinery2023-03-31 08965773core:MotorVehicles2023-03-31 08965773core:PlantMachinery2024-03-31 08965773core:MotorVehicles2024-03-31 089657732022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08965773 (England and Wales)
SPARROW DECOR LTD Unaudited accounts for the year ended 31 March 2024
SPARROW DECOR LTD Unaudited accounts Contents
Page
- 2 -
SPARROW DECOR LTD Company Information for the year ended 31 March 2024
Directors
Barry James Rowing Maureen Rowing
Company Number
08965773 (England and Wales)
Registered Office
TOP FLOOR, CORNER HOUSE MARKET PLACE BRAINTREE CM7 3HQ ENGLAND
Accountants
ST Accountancy Services Ltd Corner House Market Place Braintree Essex CM7 3HQ
- 3 -
SPARROW DECOR LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
410 
3,202 
Investments
12,800 
12,800 
13,210 
16,002 
Current assets
Inventories
150 
150 
Debtors
4,299 
780 
Cash at bank and in hand
5,792 
2,278 
10,241 
3,208 
Creditors: amounts falling due within one year
(50,306)
(28,930)
Net current liabilities
(40,065)
(25,722)
Net liabilities
(26,855)
(9,720)
Capital and reserves
Called up share capital
60 
60 
Profit and loss account
(26,915)
(9,780)
Shareholders' funds
(26,855)
(9,720)
For the year ending 31 March 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 4 October 2024 and were signed on its behalf by
Barry James Rowing Director Company Registration No. 08965773
- 4 -
SPARROW DECOR LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SPARROW DECOR LTD is a private company, limited by shares, registered in England and Wales, registration number 08965773. The registered office is TOP FLOOR, CORNER HOUSE, MARKET PLACE, BRAINTREE, CM7 3HQ, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Going concern
The accounts are prepared on the going concern basis and have been supported by the directors contributions.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
1,424 
21,200 
22,624 
Disposals
- 
(21,200)
(21,200)
At 31 March 2024
1,424 
- 
1,424 
Depreciation
At 1 April 2023
877 
18,545 
19,422 
Charge for the year
137 
(18,545)
(18,408)
At 31 March 2024
1,014 
- 
1,014 
Net book value
At 31 March 2024
410 
- 
410 
At 31 March 2023
547 
2,655 
3,202 
- 5 -
SPARROW DECOR LTD Notes to the Accounts for the year ended 31 March 2024
5
Investments
Other investments 
£ 
Valuation at 1 April 2023
12,800 
Valuation at 31 March 2024
12,800 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,299 
780 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
24,445 
24,445 
VAT
839 
1,024 
Taxes and social security
396 
(665)
Loans from directors
24,226 
3,726 
Accruals
400 
400 
50,306 
28,930 
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
- 6 -