2023-06-012024-05-312024-05-31false12583022SPARVIERO LTD2025-01-16falseiso4217:GBPxbrli:pure125830222023-06-01125830222024-05-31125830222023-06-012024-05-31125830222022-06-01125830222023-05-31125830222022-06-012023-05-3112583022bus:SmallEntities2023-06-012024-05-3112583022bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3112583022bus:FullAccounts2023-06-012024-05-3112583022bus:PrivateLimitedCompanyLtd2023-06-012024-05-3112583022core:WithinOneYear2024-05-3112583022core:AfterOneYear2024-05-3112583022core:WithinOneYear2023-05-3112583022core:AfterOneYear2023-05-3112583022core:ShareCapital2024-05-3112583022core:SharePremium2024-05-3112583022core:RevaluationReserve2024-05-3112583022core:OtherReservesSubtotal2024-05-3112583022core:RetainedEarningsAccumulatedLosses2024-05-3112583022core:ShareCapital2023-05-3112583022core:SharePremium2023-05-3112583022core:RevaluationReserve2023-05-3112583022core:OtherReservesSubtotal2023-05-3112583022core:RetainedEarningsAccumulatedLosses2023-05-3112583022core:LandBuildings2024-05-3112583022core:PlantMachinery2024-05-3112583022core:Vehicles2024-05-3112583022core:FurnitureFittings2024-05-3112583022core:OfficeEquipment2024-05-3112583022core:NetGoodwill2024-05-3112583022core:IntangibleAssetsOtherThanGoodwill2024-05-3112583022core:ListedExchangeTraded2024-05-3112583022core:UnlistedNon-exchangeTraded2024-05-3112583022core:LandBuildings2023-05-3112583022core:PlantMachinery2023-05-3112583022core:Vehicles2023-05-3112583022core:FurnitureFittings2023-05-3112583022core:OfficeEquipment2023-05-3112583022core:NetGoodwill2023-05-3112583022core:IntangibleAssetsOtherThanGoodwill2023-05-3112583022core:ListedExchangeTraded2023-05-3112583022core:UnlistedNon-exchangeTraded2023-05-3112583022core:LandBuildings2023-06-012024-05-3112583022core:PlantMachinery2023-06-012024-05-3112583022core:Vehicles2023-06-012024-05-3112583022core:FurnitureFittings2023-06-012024-05-3112583022core:OfficeEquipment2023-06-012024-05-3112583022core:NetGoodwill2023-06-012024-05-3112583022core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112583022core:ListedExchangeTraded2023-06-012024-05-3112583022core:UnlistedNon-exchangeTraded2023-06-012024-05-3112583022core:MoreThanFiveYears2023-06-012024-05-3112583022core:Non-currentFinancialInstruments2024-05-3112583022core:Non-currentFinancialInstruments2023-05-3112583022dpl:CostSales2023-06-012024-05-3112583022dpl:DistributionCosts2023-06-012024-05-3112583022core:LandBuildings2023-06-012024-05-3112583022core:PlantMachinery2023-06-012024-05-3112583022core:Vehicles2023-06-012024-05-3112583022core:FurnitureFittings2023-06-012024-05-3112583022core:OfficeEquipment2023-06-012024-05-3112583022dpl:AdministrativeExpenses2023-06-012024-05-3112583022core:NetGoodwill2023-06-012024-05-3112583022core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3112583022dpl:GroupUndertakings2023-06-012024-05-3112583022dpl:ParticipatingInterests2023-06-012024-05-3112583022dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3112583022core:ListedExchangeTraded2023-06-012024-05-3112583022dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3112583022core:UnlistedNon-exchangeTraded2023-06-012024-05-3112583022dpl:CostSales2022-06-012023-05-3112583022dpl:DistributionCosts2022-06-012023-05-3112583022core:LandBuildings2022-06-012023-05-3112583022core:PlantMachinery2022-06-012023-05-3112583022core:Vehicles2022-06-012023-05-3112583022core:FurnitureFittings2022-06-012023-05-3112583022core:OfficeEquipment2022-06-012023-05-3112583022dpl:AdministrativeExpenses2022-06-012023-05-3112583022core:NetGoodwill2022-06-012023-05-3112583022core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3112583022dpl:GroupUndertakings2022-06-012023-05-3112583022dpl:ParticipatingInterests2022-06-012023-05-3112583022dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3112583022core:ListedExchangeTraded2022-06-012023-05-3112583022dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3112583022core:UnlistedNon-exchangeTraded2022-06-012023-05-3112583022core:NetGoodwill2024-05-3112583022core:IntangibleAssetsOtherThanGoodwill2024-05-3112583022core:LandBuildings2024-05-3112583022core:PlantMachinery2024-05-3112583022core:Vehicles2024-05-3112583022core:FurnitureFittings2024-05-3112583022core:OfficeEquipment2024-05-3112583022core:AfterOneYear2024-05-3112583022core:WithinOneYear2024-05-3112583022core:ListedExchangeTraded2024-05-3112583022core:UnlistedNon-exchangeTraded2024-05-3112583022core:ShareCapital2024-05-3112583022core:SharePremium2024-05-3112583022core:RevaluationReserve2024-05-3112583022core:OtherReservesSubtotal2024-05-3112583022core:RetainedEarningsAccumulatedLosses2024-05-3112583022core:NetGoodwill2023-05-3112583022core:IntangibleAssetsOtherThanGoodwill2023-05-3112583022core:LandBuildings2023-05-3112583022core:PlantMachinery2023-05-3112583022core:Vehicles2023-05-3112583022core:FurnitureFittings2023-05-3112583022core:OfficeEquipment2023-05-3112583022core:AfterOneYear2023-05-3112583022core:WithinOneYear2023-05-3112583022core:ListedExchangeTraded2023-05-3112583022core:UnlistedNon-exchangeTraded2023-05-3112583022core:ShareCapital2023-05-3112583022core:SharePremium2023-05-3112583022core:RevaluationReserve2023-05-3112583022core:OtherReservesSubtotal2023-05-3112583022core:RetainedEarningsAccumulatedLosses2023-05-3112583022core:NetGoodwill2022-06-0112583022core:IntangibleAssetsOtherThanGoodwill2022-06-0112583022core:LandBuildings2022-06-0112583022core:PlantMachinery2022-06-0112583022core:Vehicles2022-06-0112583022core:FurnitureFittings2022-06-0112583022core:OfficeEquipment2022-06-0112583022core:AfterOneYear2022-06-0112583022core:WithinOneYear2022-06-0112583022core:ListedExchangeTraded2022-06-0112583022core:UnlistedNon-exchangeTraded2022-06-0112583022core:ShareCapital2022-06-0112583022core:SharePremium2022-06-0112583022core:RevaluationReserve2022-06-0112583022core:OtherReservesSubtotal2022-06-0112583022core:RetainedEarningsAccumulatedLosses2022-06-0112583022core:AfterOneYear2023-06-012024-05-3112583022core:WithinOneYear2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3112583022core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3112583022core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3112583022core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3112583022core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3112583022core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3112583022core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3112583022core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3112583022core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3112583022core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3112583022core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3112583022core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3112583022core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3112583022core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3112583022core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3112583022core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3112583022core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3112583022core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3112583022core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3112583022bus:Director12023-06-012024-05-31

SPARVIERO LTD

Registered Number
12583022
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

SPARVIERO LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

MIRACOLI, Angelo

Registered Address

Sparviero Ltd
85 Great Portland Street
London
W1W 7LT

Registered Number

12583022 (England and Wales)
SPARVIERO LTD
Statement of Financial Position
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,9712,622
1,9712,622
Current assets
Debtors9,33111,341
Cash at bank and on hand13,59163,349
22,92274,690
Creditors amounts falling due within one year4(4,092)(15,348)
Net current assets (liabilities)18,83059,342
Total assets less current liabilities20,80161,964
Net assets20,80161,964
Capital and reserves
Called up share capital110110
Profit and loss account20,69161,854
Shareholders' funds20,80161,964
The financial statements were approved and authorised for issue by the Board of Directors on 16 January 2025, and are signed on its behalf by:
MIRACOLI, Angelo
Director
Registered Company No. 12583022
SPARVIERO LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20242023
Average number of employees during the year44
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 June 234,3834,383
At 31 May 244,3834,383
Depreciation and impairment
At 01 June 231,7611,761
Charge for year651651
At 31 May 242,4122,412
Net book value
At 31 May 241,9711,971
At 31 May 232,6222,622
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security2,90814,381
Other creditors31699
Accrued liabilities and deferred income868868
Total4,09215,348
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.