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REGISTERED NUMBER: 06091930 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

SPRINGING DRAGON LIMITED

SPRINGING DRAGON LIMITED (Registered number: 06091930)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPRINGING DRAGON LIMITED

Company Information
for the Year Ended 30 APRIL 2024







DIRECTORS: R A Harrison
Ms S J Coe





SECRETARY: Ms S J Coe





REGISTERED OFFICE: 21 Vale Road
Tunbridge Wells
TN1 1BS





REGISTERED NUMBER: 06091930 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

SPRINGING DRAGON LIMITED (Registered number: 06091930)

Balance Sheet
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 511,314 481,508

CURRENT ASSETS
Debtors 5 5,243 6,593
Cash at bank 5,459 14,564
10,702 21,157
CREDITORS
Amounts falling due within one year 6 64,710 12,099
NET CURRENT (LIABILITIES)/ASSETS (54,008 ) 9,058
TOTAL ASSETS LESS CURRENT
LIABILITIES

457,306

490,566

CREDITORS
Amounts falling due after more than one year 7 (4,366 ) (54,128 )

PROVISIONS FOR LIABILITIES 9 - (116 )
NET ASSETS 452,940 436,322

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 452,840 436,222
SHAREHOLDERS' FUNDS 452,940 436,322

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

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

The directors acknowledge their 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.

SPRINGING DRAGON LIMITED (Registered number: 06091930)

Balance Sheet - continued
30 APRIL 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 January 2025 and were signed on its behalf by:




R A Harrison - Director



Ms S J Coe - Director


SPRINGING DRAGON LIMITED (Registered number: 06091930)

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

1. STATUTORY INFORMATION

SPRINGING DRAGON 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 represents the invoiced value of goods and services supplied by the company, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 4 (2023 - 4 ) .

SPRINGING DRAGON LIMITED (Registered number: 06091930)

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

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 May 2023 481,203 916 482,119
Additions 30,111 - 30,111
At 30 April 2024 511,314 916 512,230
DEPRECIATION
At 1 May 2023 - 611 611
Charge for year - 305 305
At 30 April 2024 - 916 916
NET BOOK VALUE
At 30 April 2024 511,314 - 511,314
At 30 April 2023 481,203 305 481,508

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 5,118 -
Other debtors 10 48
VAT 115 6,545
5,243 6,593

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 275 3,167
Trade creditors 1,453 -
Directors' current accounts 61,582 7,632
Accrued expenses 1,400 1,300
64,710 12,099

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 298 3,227
Bank loans - 2-5 years 1,042 9,800
Bank loans more 5 yr by instal 3,026 41,101
4,366 54,128

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,026 41,101

SPRINGING DRAGON LIMITED (Registered number: 06091930)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 4,641 57,295

The bank loan is secured by way of a fixed and floating charge over the assets of the company together with a fixed charge over the freehold property.

9. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax
Accelerated capital allowances - 116

Deferred
tax
£   
Balance at 1 May 2023 116
Provided during year (116 )
Balance at 30 April 2024 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

During the year, the company paid for the use of a practice management system totalling £850 from Upixa Limited, a company in which Mr R A Harrison is a director and shareholder.

12. ULTIMATE CONTROLLING PARTY

The company is under the control of Ms S Coe and R Harrison by virtue of their controlling shareholdings.