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Company Registration No. 05031311 (England and Wales)
Springbok Enterprise Solutions Ltd Filleted accounts for the year ended 29 February 2024
Springbok Enterprise Solutions Ltd Filleted accounts Contents
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Springbok Enterprise Solutions Ltd Company Information for the year ended 29 February 2024
Director
Umesh Chandra Pankhania
Secretary
Anita Pankhania
Company Number
05031311 (England and Wales)
Registered Office
Hillrise House 35 Launde Road Oadby Leicester LE2 4HH
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Springbok Enterprise Solutions Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
141,691 
147,213 
Cash at bank and in hand
695,400 
803,250 
837,091 
950,463 
Creditors: amounts falling due within one year
(373,693)
(616,796)
Net current assets
463,398 
333,667 
Net assets
463,398 
333,667 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
463,396 
333,665 
Shareholders' funds
463,398 
333,667 
For the year ending 29 February 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 30 November 2024 and were signed on its behalf by
Umesh Chandra Pankhania Director Company Registration No. 05031311
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Springbok Enterprise Solutions Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Springbok Enterprise Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 05031311. The registered office is Hillrise House , 35 Launde Road, Oadby, Leicester, LE2 4HH.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
141,691 
147,213 
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Springbok Enterprise Solutions Ltd Notes to the Accounts for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
32,931 
20,424 
Trade creditors
59,669 
168,833 
Taxes and social security
- 
74,769 
Other creditors
280,039 
351,737 
Accruals
1,054 
1,033 
373,693 
616,796 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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