1 April 2023 false No description of principal activity Taxfiler 2024.6 04691128business:PrivateLimitedCompanyLtd2023-04-012024-03-31 046911282023-03-31 046911282023-04-012024-03-31 04691128business:AuditExemptWithAccountantsReport2023-04-012024-03-31 04691128business:FilletedAccounts2023-04-012024-03-31 046911282024-03-31 04691128business:Director12023-04-012024-03-31 04691128business:Director22023-04-012024-03-31 04691128business:CompanySecretary12023-04-012024-03-31 04691128business:RegisteredOffice2023-04-012024-03-31 046911282023-03-31 04691128core:WithinOneYear2024-03-31 04691128core:WithinOneYear2023-03-31 04691128core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04691128core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 04691128core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04691128core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 04691128core:PreviouslyStatedAmount2024-03-31 04691128core:PreviouslyStatedAmount2023-03-31 04691128business:SmallEntities2023-04-012024-03-31 04691128countries:EnglandWales2023-04-012024-03-31 04691128core:ComputerEquipment2023-04-012024-03-31 04691128core:OtherPropertyPlantEquipment2023-04-012024-03-31 04691128core:FurnitureFittings2023-03-31 04691128core:ComputerEquipment2023-03-31 04691128core:FurnitureFittings2024-03-31 04691128core:ComputerEquipment2024-03-31 04691128core:FurnitureFittings2023-04-012024-03-31 04691128core:AfterOneYear2024-03-31 04691128core:AfterOneYear2023-03-31 046911282022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04691128 (England and Wales)
Sphere Creative Ltd Unaudited accounts for the year ended 31 March 2024
Sphere Creative Ltd Unaudited accounts Contents
Page
- 2 -
Sphere Creative Ltd Company Information for the year ended 31 March 2024
Directors
J.D.Starling Miss A.Trozzo
Secretary
Miss A. Trozzo
Company Number
04691128 (England and Wales)
Registered Office
Whiteoaks Blacknest Road Isington Alton Hants GU34 4PT United Kingdom
Accountants
DJK Accounting Limited Glendale Burnhams Road Little Bookham Surrey KT23 3BA
- 3 -
Sphere Creative Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,178 
1,512 
Current assets
Debtors
5,874 
- 
Cash at bank and in hand
5,201 
11,582 
11,075 
11,582 
Creditors: amounts falling due within one year
(5,732)
(11,263)
Net current assets
5,343 
319 
Net assets
6,521 
1,831 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,421 
1,731 
Shareholders' funds
6,521 
1,831 
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 25 November 2024 and were signed on its behalf by
J.D.Starling Director Company Registration No. 04691128
- 4 -
Sphere Creative Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Sphere Creative Ltd is a private company, limited by shares, registered in England and Wales, registration number 04691128. The registered office is Whiteoaks, Blacknest Road, Isington Alton, Hants, GU34 4PT, United Kingdom.
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:
Computer equipment
20% on cost
Other tangible fixed assets
15% on written down value
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
7,985 
21,610 
29,595 
At 31 March 2024
7,985 
21,610 
29,595 
Depreciation
At 1 April 2023
6,785 
21,298 
28,083 
Charge for the year
180 
154 
334 
At 31 March 2024
6,965 
21,452 
28,417 
Net book value
At 31 March 2024
1,020 
158 
1,178 
At 31 March 2023
1,200 
312 
1,512 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
5,667 
- 
Other debtors
207 
- 
5,874 
- 
- 5 -
Sphere Creative Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,932 
3,801 
Other creditors
800 
800 
Loans from directors
- 
6,662 
5,732 
11,263 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -