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Registered Number: 14711896


 

 

 

SPYRO IT SOLUTIONS LTD


Abridged Accounts
 


Period of accounts

Start date: 07 March 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
Fixed assets    
Tangible fixed assets 3 3,367 
3,367 
Current assets    
Debtors 5,040 
Cash at bank and in hand 1,399 
6,439 
Creditors: amount falling due within one year (5,088)
Net current assets 1,351 
 
Total assets less current liabilities 4,718 
Net assets 4,718 
 

Capital and reserves
   
Called up share capital 100 
Profit and loss account 4,618 
Shareholders' funds 4,718 
 


For the period ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 31 May 2024 and were signed by:


-------------------------------
Mr Rakesh RAMAGIRI
Director
1
General Information
SPYRO IT SOLUTIONS LTD is a private company, limited by shares, registered in , registration number 14711896, registration address Building 3, City West Business Park, Gelderd Road, Leeds, United Kingdom, LS12 6LX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 3 Straight Line
2.

Average number of employees

Average number of employees during the period was 4.
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 07 March 2023  
Additions 3,950    3,950 
Disposals  
At 31 March 2024 3,950    3,950 
Depreciation
At 07 March 2023  
Charge for period 583    583 
On disposals  
At 31 March 2024 583    583 
Net book values
Closing balance as at 31 March 2024 3,367    3,367 
Opening balance as at 07 March 2023  


2