Registered number
13148333
SPARKSS LTD
Filleted Accounts
31 December 2024
SPARKSS LTD
Registered number: 13148333
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 37,153 23,174
Current assets
Stocks 2,750 -
Debtors 4 10,733 7,979
Cash at bank and in hand 9,932 9,800
23,415 17,779
Creditors: amounts falling due within one year 5 (32,928) (18,264)
Net current liabilities (9,513) (485)
Net assets 27,640 22,689
Capital and reserves
Called up share capital 1 1
Profit and loss account 27,639 22,688
Shareholder's funds 27,640 22,689
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Anton Radev
Director
Approved by the board on 17 January 2025
SPARKSS LTD
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 3
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2024 - 28,968 28,968
Additions 11,947 27,249 39,196
Disposals - (28,968) (28,968)
At 31 December 2024 11,947 27,249 39,196
Depreciation
At 1 January 2024 - 5,794 5,794
Charge for the year - 2,043 2,043
On disposals - (5,794) (5,794)
At 31 December 2024 - 2,043 2,043
Net book value
At 31 December 2024 11,947 25,206 37,153
At 31 December 2023 - 23,174 23,174
4 Debtors 2024 2023
£ £
Trade debtors 10,733 7,979
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 23,965 1,303
Director's account (6,693) -
Taxation and social security costs 15,656 9,772
Other creditors - 7,189
32,928 18,264
6 Other information
SPARKSS LTD is a private company limited by shares and incorporated in England. Its registered office is:
6 Berners Way
Broxbourne
EN10 6NP
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