Spannverbund Ltd Filleted Accounts Cover
Spannverbund Ltd
Company No. 12268604
Information for Filing with The Registrar
31 December 2023
Spannverbund Ltd Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 December 2023.
Principal activities
The principal activity of the company during the year under review was structural engineering consulting and manufacturing.
Directors
The Directors who served at any time during the year were as follows:
S. Bohling
A. Fernandez Iglesias
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
S. Bohling
Director
12 November 2024
Spannverbund Ltd Balance Sheet Registrar
at
31 December 2023
Company No.
12268604
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
957-
957-
Current assets
Debtors
5
-63,370
Cash at bank and in hand
529,14391,644
529,143155,014
Creditors: Amount falling due within one year
6
(251,979)
(29,071)
Net current assets
277,164125,943
Total assets less current liabilities
278,121125,943
Provisions for liabilities
Other provisions
(89,247)
-
Net assets
188,874125,943
Capital and reserves
Called up share capital
100100
Profit and loss account
8
188,774125,843
Total equity
188,874125,943
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 December 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 12 November 2024
And signed on its behalf by:
S. Bohling
Director
12 November 2024
Spannverbund Ltd Notes to the Accounts Registrar
for the year ended 31 December 2023
1
General information
Its registered number is: 12268604
Its registered office is:
International House
36-38 Cornhill
London, England
EC3V 3NG
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
33.33%% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors including expectations of future events that are believed to be reasonable under the circumstances.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
11
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
Additions
999999
At 31 December 2023
999999
Depreciation
Charge for the year
4242
At 31 December 2023
4242
Net book values
At 31 December 2023
957957
5
Debtors
2023
2022
£
£
Trade debtors
-1,130
Other debtors
-266
Prepayments and accrued income
-61,974
-63,370
6
Creditors:
amounts falling due within one year
2023
2022
£
£
Trade creditors
116,328-
Taxes and social security
43,422
27,951
Other creditors
520520
Accruals and deferred income
91,709600
251,97929,071
7
Share Capital
Alloted, called up and fully paid share capital 100 @ £1 each.
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
9
Dividends
2023
2022
£
£
Dividends for the period:
Dividends paid in the period
66,903
39,525
66,903
39,525
Dividends by type:
Equity dividends
66,90339,525
66,903
39,525
10
Related party disclosures
Transactions with related parties
The company has taken advantage of the exemption available according with Section 33 of FRS 102 "Related party disclosure" not to disclose transactions entered into between two or more members of a group that are wholly owned.
Parent Company
The name of the parent of the smallest group for which consolidated financial statements are drawn up of which this entity is a member:
SPANNVERBUND GROUP AG
The parent's registered office address is:
Seetalstrasse 185
6032 Emmen
Switzerland
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