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REGISTERED NUMBER: 13567278 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Spa Design And Build Limited

Spa Design And Build Limited (Registered number: 13567278)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Spa Design And Build Limited

Company Information
for the Year Ended 30 September 2024







Director: T J Coan





Registered office: Unit 8 West Float
Dock Road
Birkenhead
CH41 1AE





Registered number: 13567278 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
114-120 Northgate Street
Chester
CH1 2HT

Spa Design And Build Limited (Registered number: 13567278)

Statement of Financial Position
30 September 2024

30/9/24 30/9/23
as restated
Notes £    £    £    £   
Fixed assets
Tangible assets 4 63,456 57,782

Current assets
Stocks 196,870 125,231
Debtors 5 98,109 343,108
Cash at bank 116,683 31,849
411,662 500,188
Creditors
Amounts falling due within one year 6 394,719 410,541
Net current assets 16,943 89,647
Total assets less current liabilities 80,399 147,429

Provisions for liabilities - 7,474
Net assets 80,399 139,955

Capital and reserves
Called up share capital 100 100
Retained earnings 80,299 139,855
80,399 139,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Spa Design And Build Limited (Registered number: 13567278)

Statement of Financial Position - continued
30 September 2024


The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 January 2025 and were signed by:





T J Coan - Director


Spa Design And Build Limited (Registered number: 13567278)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. Statutory information

Spa Design And Build Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of
ownership have transferred to the buyer, usually on despatch of the goods; the amount of
revenue can be measured reliably; it is probable that the associated economic benefits will
flow to the entity and the costs incurred or to be incurred in respect of the transactions can
be measured reliably.

Profit is recognised on long-term contracts if the final outcome can be assessed with
reasonable certainty, by including in the profit and loss account turnover and related costs as
contract activity advances.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Spa Design And Build Limited (Registered number: 13567278)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 16 (2023 - 16 ) .

4. Tangible fixed assets
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1 October 2023 59,000 11,285 70,285
Additions 18,400 1,357 19,757
Disposals (3,600 ) - (3,600 )
At 30 September 2024 73,800 12,642 86,442
Depreciation
At 1 October 2023 9,338 3,165 12,503
Charge for year 9,114 1,369 10,483
At 30 September 2024 18,452 4,534 22,986
Net book value
At 30 September 2024 55,348 8,108 63,456
At 30 September 2023 49,662 8,120 57,782

Spa Design And Build Limited (Registered number: 13567278)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. Debtors: amounts falling due within one year
30/9/24 30/9/23
as restated
£    £   
Trade debtors - 2,273
Amounts recoverable on
contracts 49,339 235,631
Other debtors 48,770 105,204
98,109 343,108

Included in stock in the accounts for the prior year were balances representing amounts recoverable on contracts totalling £235,631. The comparative figures in these accounts have been re-stated to include these balances under amounts recoverable under contracts in debtors.

6. Creditors: amounts falling due within one year
30/9/24 30/9/23
as restated
£    £   
Payments on account 186,397 16,374
Trade creditors 145,454 317,854
Taxation and social security 56,424 62,326
Other creditors 6,444 13,987
394,719 410,541

7. Other financial commitments

At 30 September 2024 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £147,201 (2023 - £148,750) of which £58,370 (2023 - £42,500) was due within one year.

Spa Design And Build Limited (Registered number: 13567278)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30/9/24 30/9/23
as restated
£    £   
T J Coan
Balance outstanding at start of year 40,051 5,693
Amounts advanced 20,693 106,108
Amounts repaid (51,952 ) (71,750 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,792 40,051

Advances to the director are interest-free, unsecured and repayable on demand. Amounts repaid include £44,107 on 19 July 2024.

The maximum outstanding balance in the year was £50,680.