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REGISTERED NUMBER: 07802421 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

SP-Building Services Limited

SP-Building Services Limited (Registered number: 07802421)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

SP-Building Services Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mr Sebastien Ponari





REGISTERED OFFICE: 16 Barnwell House
Barnwell Drive
Cambridge
CB5 8UU





REGISTERED NUMBER: 07802421 (England and Wales)





ACCOUNTANTS: Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU

SP-Building Services Limited (Registered number: 07802421)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 130,742 165,512

CURRENT ASSETS
Debtors 5 860,678 728,464
Cash at bank and in hand 43,523 72,675
904,201 801,139
CREDITORS
Amounts falling due within one year 6 611,006 460,043
NET CURRENT ASSETS 293,195 341,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

423,937

506,608

CREDITORS
Amounts falling due after more than
one year

7

133,492

186,762
NET ASSETS 290,445 319,846

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 290,444 319,845
SHAREHOLDERS' FUNDS 290,445 319,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

SP-Building Services Limited (Registered number: 07802421)

Balance Sheet - continued
31 October 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 director and authorised for issue on 31 January 2025 and were signed by:





Mr Sebastien Ponari - Director


SP-Building Services Limited (Registered number: 07802421)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

SP-Building Services 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.

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 - 25% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33.3% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 56,420 1,256 166,900 7,739 232,315
Additions - - 15,640 1,749 17,389
At 31 October 2024 56,420 1,256 182,540 9,488 249,704
DEPRECIATION
At 1 November 2023 33,212 371 30,397 2,823 66,803
Charge for year 14,052 252 35,430 2,425 52,159
At 31 October 2024 47,264 623 65,827 5,248 118,962
NET BOOK VALUE
At 31 October 2024 9,156 633 116,713 4,240 130,742
At 31 October 2023 23,208 885 136,503 4,916 165,512

SP-Building Services Limited (Registered number: 07802421)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 127,097 -
Other Debtors 315,000 315,000
Other Debtors- Accrued Income 225,000 249,701
Other Debtors - 17,500
Other Debtors - Loan 54,200 -
Other Debtors - Retention 42,751 -
Director's current account 8,102 -
VAT 73,737 143,888
Prepayments 14,791 2,375
860,678 728,464

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts - 46,994
Trade creditors 332,412 170,665
Net Wages - 3,750
Loan 87,654 107,615
Corporation Tax 111,343 70,027
Social security and other taxes 23,767 21,679
Pensions 392 515
Lloyds Credit Card 29,741 -
Director's current account - 3,830
Accrued expenses - 1,000
Hire Purchase 25,697 33,968
611,006 460,043

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Loan - LDF Finance 19,139 1,031
HP - MotoNovo 4,090 7,118
HP - BNP Paribas 2,730 2,071
HP - Close - 2,709
HP - Ultimate Assets 5,067 7,114
Loan - CBILS 71,910 89,579
Loan - Funding Circle 30,556 77,140
133,492 186,762

SP-Building Services Limited (Registered number: 07802421)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
1 Ordinary 1 1 1

9. RESERVES
Retained
earnings
£   

At 1 November 2023 319,845
Profit for the year 93,599
Dividends (123,000 )
At 31 October 2024 290,444

SP-Building Services Limited

Report of the Accountants to the Director of
SP-Building Services Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU


Date: .............................................