Company Registration No. 8937421 (England and Wales)
BrightSparks 4Kids Limited
Unaudited accounts
for the year ended 31 March 2024
BrightSparks 4Kids Limited
Unaudited accounts
Contents
BrightSparks 4Kids Limited
Statement of financial position
as at 31 March 2024
Tangible assets
1,313
1,750
Cash at bank and in hand
77,948
56,283
Creditors: amounts falling due within one year
(98,314)
(72,103)
Net current assets
8,493
208
Called up share capital
100
100
Profit and loss account
9,706
1,858
Shareholders' funds
9,806
1,958
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 director acknowledges his 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 and authorised for issue on 6 November 2024 and were signed on its behalf by
S.C. Jones
Director
Company Registration No. 8937421
BrightSparks 4Kids Limited
Notes to the Accounts
for the year ended 31 March 2024
BrightSparks 4Kids Limited is a private company, limited by shares, registered in England and Wales, registration number 8937421. The registered office is 11 Princes Close, Garden Village, Wrexham, LL11 2TT.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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 basis
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
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Tangible fixed assets
Plant & machinery
BrightSparks 4Kids Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
16,467
8,385
Accrued income and prepayments
708
631
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,766
3,347
Loans from directors
79,595
62,534
The company continues to trade with the goodwill of the director who is the main creditor.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2023: 1).