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Company Registration No. 11606083 (England and Wales)
SP CONSTRUCTION MIDLANDS LTD Unaudited accounts for the year ended 31 October 2024
SP CONSTRUCTION MIDLANDS LTD Unaudited accounts Contents
Page
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SP CONSTRUCTION MIDLANDS LTD Company Information for the year ended 31 October 2024
Director
Mr Steven Horace Freeman
Company Number
11606083 (England and Wales)
Registered Office
11 VERNEY AVENUE BIRMINGHAM WEST MIDLANDS B33 0QE
Accountants
The Digital Accountant 59 Pear Tree Ave Chorley Lancashire PR7 4NL
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SP CONSTRUCTION MIDLANDS LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,715 
2,715 
Current assets
Debtors
28,675 
35,116 
Cash at bank and in hand
(1,474)
2,842 
27,201 
37,958 
Creditors: amounts falling due within one year
(37,996)
(47,761)
Net current liabilities
(10,795)
(9,803)
Net liabilities
(8,080)
(7,088)
Capital and reserves
Profit and loss account
(8,080)
(7,088)
Shareholders' funds
(8,080)
(7,088)
For the year ending 31 October 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 27 January 2025 and were signed on its behalf by
Mr Steven Horace Freeman Director Company Registration No. 11606083
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SP CONSTRUCTION MIDLANDS LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
SP CONSTRUCTION MIDLANDS LTD is a private company, limited by shares, registered in England and Wales, registration number 11606083. The registered office is 11 VERNEY AVENUE, BIRMINGHAM, WEST MIDLANDS, B33 0QE.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2023
2,715 
At 31 October 2024
2,715 
Depreciation
At 31 October 2024
- 
Net book value
At 31 October 2024
2,715 
At 31 October 2023
2,715 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
20 
Accrued income and prepayments
- 
6,421 
Other debtors
28,675 
28,675 
28,675 
35,116 
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SP CONSTRUCTION MIDLANDS LTD Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
37,996 
37,996 
VAT
- 
229 
Taxes and social security
- 
4,428 
Other creditors
- 
1,983 
Loans from directors
- 
(3,160)
Accruals
- 
6,285 
37,996 
47,761 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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