SPSM CONSTRUCTION LTD

Company Registration Number:
12418163 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

SPSM CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SPSM CONSTRUCTION LTD

Company Information

for the Period Ended 31 January 2024




Director: Stefan Petkov Stefanov
Registered office: 19
Gramer Close
London
England
E11 4PF
Company Registration Number: 12418163 (England and Wales)

SPSM CONSTRUCTION LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

The company's principal activity during the period was construction services,painting.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Stefan Petkov Stefanov

This report was approved by the board of directors on 11 October 2024
And Signed On Behalf Of The Board By:

Name: Stefan Petkov Stefanov
Status: Director

SPSM CONSTRUCTION LTD

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 44,326 43,356
Cost of sales ( 25,820 ) ( 25,209 )
Gross Profit or (Loss) 18,506 18,147
Administrative Expenses ( 16,664 ) ( 16,542 )
Operating Profit or (Loss) 1,842 1,605
Profit or (Loss) Before Tax 1,842 1,605
Tax on Profit ( 350 ) ( 305 )
Profit or (Loss) for Period 1,492 1,300

The notes form part of these financial statements

SPSM CONSTRUCTION LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 816
Cash at bank and in hand: 14,968 15,150
Total current assets: 14,968 15,966
Creditors: amounts falling due within one year: 5 ( 2,241 ) ( 2,731 )
Net current assets (liabilities): 12,727 13,235
Total assets less current liabilities: 12,727 13,235
Creditors: amounts falling due after more than one year: 6 ( 5,441 ) ( 7,440 )
Total net assets (liabilities): 7,286 5,795

The notes form part of these financial statements

SPSM CONSTRUCTION LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,186 5,695
Shareholders funds: 7,286 5,795

For the year ending 31 January 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 11 October 2024
And Signed On Behalf Of The Board By:

Name: Stefan Petkov Stefanov
Status: Director

The notes form part of these financial statements

SPSM CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SPSM CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

SPSM CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

SPSM CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors


2024
£

2023
£
Other debtors 816
Total 816

SPSM CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 1,891 2,426
Taxation and social security 350 305
Total 2,241 2,731

SPSM CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 5,441 7,440
Total 5,441 7,440