SPARROWS HERNE LIMITED

Company Registration Number:
14183188 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SPARROWS HERNE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

SPARROWS HERNE LIMITED

Company Information

for the Period Ended 31 March 2024




Director: James Lau
Registered office: Apartment 1802 Duckman Tower
3 Lincoln Plaza
London
England
E14 9BN
Company Registration Number: 14183188 (England and Wales)

SPARROWS HERNE LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£
9 months to
31 Mar 2023
£
Turnover 92,592 76,694
Cost of sales ( 3,436 ) ( 345 )
Gross Profit or (Loss) 89,156 76,349
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 85,388 ) ( 28,939 )
Operating Profit or (Loss) 3,768 47,410
Interest Receivable and Similar Income 26,993 2,306
Profit or (Loss) Before Tax 30,761 49,716
Tax on Profit ( 5,982 ) -
Profit or (Loss) for Period 24,779 49,716

The notes form part of these financial statements

SPARROWS HERNE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£
9 months to
31 Mar 2023
£
Fixed assets
Intangible assets: 5 9,000 9,000
Tangible assets: 6 2,526 0
Total fixed assets: 11,526 9,000
Current assets
Debtors: 7 388,279 383,060
Cash at bank and in hand: 71,679 59,166
Total current assets: 459,958 442,226
Creditors: amounts falling due within one year: 8 ( 17,960 ) ( 16,977 )
Net current assets (liabilities): 441,998 425,249
Total assets less current liabilities: 453,524 434,249
Creditors: amounts falling due after more than one year: 9 ( 374,533 ) ( 374,533 )
Total net assets (liabilities): 78,991 59,716

The notes form part of these financial statements

SPARROWS HERNE LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£
9 months to
31 Mar 2023
£
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 68,991 49,716
Shareholders funds: 78,991 59,716

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 January 2025
And Signed On Behalf Of The Board By:

Name: James Lau
Status: Director

The notes form part of these financial statements

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024
    9 months to
    31 Mar 2023
    Average number of employees during the period 1 1

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£
9 months to
31 Mar 2023
£
Dividends paid 2,000

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Intangible assets

Other Total
Cost £ £
At 01 April 2023 9,000 9,000
Additions 0 0
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 9,000 9,000
Amortisation
Amortisation at 01 April 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2024 - -
Net book value
Net book value at 31 March 2024 9,000 9,000
Net book value at 31 March 2023 9,000 9,000

Investment in shares of Spring Shaw Limited

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2023 - -
Additions 3,247 3,247
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 3,247 3,247
Depreciation
At 01 April 2023 - -
Charge for year 721 721
On disposals - -
Other adjustments - -
At 31 March 2024 721 721
Net book value
At 31 March 2024 2,526 2,526
At 31 March 2023 - -

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Debtors


2024
£
9 months to
31 Mar 2023
£
Trade debtors 11,677 6,221
Other debtors 376,602 376,839
Total 388,279 383,060

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8.Creditors: amounts falling due within one year note


2024
£
9 months to
31 Mar 2023
£
Trade creditors 1,535 608
Taxation and social security 6,148 3,169
Other creditors 10,277 13,200
Total 17,960 16,977

SPARROWS HERNE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

9.Creditors: amounts falling due after more than one year


2024
£
9 months to
31 Mar 2023
£
Other creditors 374,533 374,533
Total 374,533 374,533