1 April 2023 false No description of principal activity Taxfiler 2024.5 02119893business:PrivateLimitedCompanyLtd2023-04-012024-03-31 021198932023-03-31 021198932023-04-012024-03-31 02119893business:AuditExemptWithAccountantsReport2023-04-012024-03-31 02119893business:FilletedAccounts2023-04-012024-03-31 021198932024-03-31 02119893business:Director12023-04-012024-03-31 02119893business:Director22023-04-012024-03-31 02119893business:CompanySecretary12023-04-012024-03-31 02119893business:RegisteredOffice2023-04-012024-03-31 021198932023-03-31 02119893core:WithinOneYear2024-03-31 02119893core:WithinOneYear2023-03-31 02119893core:AfterOneYear2024-03-31 02119893core:AfterOneYear2023-03-31 02119893core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 02119893core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 02119893core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-03-31 02119893core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2023-03-31 02119893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 02119893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 02119893core:PreviouslyStatedAmount2024-03-31 02119893core:PreviouslyStatedAmount2023-03-31 02119893business:SmallEntities2023-04-012024-03-31 02119893countries:EnglandWales2023-04-012024-03-31 02119893core:PlantMachinery2023-04-012024-03-31 02119893core:FurnitureFittings2023-04-012024-03-31 02119893core:PlantMachinery2023-03-31 02119893core:FurnitureFittings2023-03-31 02119893core:PlantMachinery2024-03-31 02119893core:FurnitureFittings2024-03-31 02119893business:Director112023-04-012024-03-31 02119893business:Director112023-03-31 02119893business:Director112024-03-31 02119893business:Director222023-04-012024-03-31 02119893business:Director222023-03-31 02119893business:Director222024-03-31 021198932022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 02119893 (England and Wales)
Runspiral Limited Unaudited accounts for the year ended 31 March 2024
Runspiral Limited Unaudited accounts Contents
Page
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Runspiral Limited Company Information for the year ended 31 March 2024
Directors
Mr Andrew Nesbitt Mrs Sarah Nesbitt
Secretary
Mrs Sarah Nesbitt
Company Number
02119893 (England and Wales)
Registered Office
1 The Park Newark Nottinghamshire NG24 1SD
Accountants
Grace Heathfield + Co Ltd 13 Forest Close Cotgrave Nottinghamshire NG12 3JN
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Runspiral Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,793 
5,020 
Investment property
795,000 
795,000 
800,793 
800,020 
Current assets
Debtors
- 
16,884 
Cash at bank and in hand
62 
36 
62 
16,920 
Creditors: amounts falling due within one year
(65,836)
(39,528)
Net current liabilities
(65,774)
(22,608)
Total assets less current liabilities
735,019 
777,412 
Creditors: amounts falling due after more than one year
(4,881)
(50,258)
Provisions for liabilities
Deferred tax
(53,853)
(53,706)
Net assets
676,285 
673,448 
Capital and reserves
Called up share capital
1,000 
1,000 
Fair value reserve
277,644 
277,644 
Profit and loss account
397,641 
394,804 
Shareholders' funds
676,285 
673,448 
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 29 October 2024 and were signed on its behalf by
Mrs Sarah Nesbitt Director Company Registration No. 02119893
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Runspiral Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Runspiral Limited is a private company, limited by shares, registered in England and Wales, registration number 02119893. The registered office is 1 The Park, Newark, Nottinghamshire, NG24 1SD.
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
20% Straight line
Fixtures & fittings
15% Straight line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
3,665 
44,345 
48,010 
Additions
2,400 
- 
2,400 
At 31 March 2024
6,065 
44,345 
50,410 
Depreciation
At 1 April 2023
2,765 
40,225 
42,990 
Charge for the year
745 
882 
1,627 
At 31 March 2024
3,510 
41,107 
44,617 
Net book value
At 31 March 2024
2,555 
3,238 
5,793 
At 31 March 2023
900 
4,120 
5,020 
5
Investment property
2024 
£ 
Fair value at 1 April 2023
795,000 
At 31 March 2024
795,000 
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Runspiral Limited Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
- 
16,884 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
23,073 
27,074 
Taxes and social security
1,208 
3,144 
Other creditors
5,684 
8,860 
Loans from directors
35,301 
- 
Accruals
570 
450 
65,836 
39,528 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,881 
50,258 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Credit facility - no terms or interest rates stipulated
8,442 
1,084 
9,526 
- 
Credit facility - no terms or interest rates stipulated
8,442 
1,550 
9,992 
- 
16,884 
2,634 
19,518 
- 
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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