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REGISTERED NUMBER: 08709407 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

SPIRO LIMITED

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

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


SPIRO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: S Fishgang





REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH





REGISTERED NUMBER: 08709407 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,266 3,825

CURRENT ASSETS
Debtors 5 50,802 20,589
Cash at bank 19,600 16,318
70,402 36,907
CREDITORS
Amounts falling due within one year 6 23,969 12,165
NET CURRENT ASSETS 46,433 24,742
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,699

28,567

PROVISIONS FOR LIABILITIES 7 566 727
NET ASSETS 48,133 27,840

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 48,033 27,740
SHAREHOLDERS' FUNDS 48,133 27,840

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 director acknowledges his 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.

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2024 and were signed by:





S Fishgang - Director


SPIRO LIMITED (REGISTERED NUMBER: 08709407)

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


1. STATUTORY INFORMATION

Spiro 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

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


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 17,913
Additions 791
At 31 March 2024 18,704
DEPRECIATION
At 1 April 2023 14,088
Charge for year 2,350
At 31 March 2024 16,438
NET BOOK VALUE
At 31 March 2024 2,266
At 31 March 2023 3,825

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 50,802 20,589

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 847 384
Taxation and social security 22,940 11,380
Other creditors 182 401
23,969 12,165

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 566 727

Deferred
tax
£   
Balance at 1 April 2023 727
Credit to Income Statement during year (161 )
Accelerated capital allowances
Balance at 31 March 2024 566

SPIRO LIMITED (REGISTERED NUMBER: 08709407)

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


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100

9. RELATED PARTY DISCLOSURES

Warebee Limited
A company in which Mr Fishgang is a director and shareholder.

During the year, the company advanced non-interest bearing loans totalling £34,472 to Warebee Ltd (2023: £9,199). The loans are repayable on demand. Warebee Ltd repaid £300 during the year.

The company provided no services to Warebee Ltd during the year.

The amount due from related party at the balance sheet date was £43,372 (2023: £9,199).

10. ULTIMATE CONTROLLING PARTY

The controlling party is S Fishgang.