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Company Registration No. 13674073 (England and Wales)
Sphere NW Ltd Unaudited accounts for the year ended 31 October 2024
Sphere NW Ltd Unaudited accounts Contents
Page
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Sphere NW Ltd Company Information for the year ended 31 October 2024
Director
Nicola Ann Atherton
Company Number
13674073 (England and Wales)
Registered Office
120 HARTLEY GREEN GARDENS BILLINGE WIGAN GREATER MANCHESTER WN5 7GA ENGLAND
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Sphere NW Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,900 
1,978 
Investment property
286,827 
145,906 
290,727 
147,884 
Current assets
Debtors
228 
- 
Cash at bank and in hand
2,163 
7,634 
2,391 
7,634 
Creditors: amounts falling due within one year
(283,202)
(146,643)
Net current liabilities
(280,811)
(139,009)
Total assets less current liabilities
9,916 
8,875 
Provisions for liabilities
Deferred tax
(659)
(376)
Net assets
9,257 
8,499 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,256 
8,498 
Shareholders' funds
9,257 
8,499 
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 her 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 26 February 2025 and were signed on its behalf by
Nicola Ann Atherton Director Company Registration No. 13674073
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Sphere NW Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Sphere NW Ltd is a private company, limited by shares, registered in England and Wales, registration number 13674073. The registered office is 120 HARTLEY GREEN GARDENS, BILLINGE, WIGAN, GREATER MANCHESTER, WN5 7GA, ENGLAND.
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:
Fixtures & fittings
3 years straight line
Investment property
The directors have not carried out a valuation of the investment property at the balance sheet date as required by FRS 102, Section 16 'Investment Property'. In the absence of a fair value for the investment at the balance sheet date, it is not possible for the balance sheet to reflect the fair value of the investment property. Any consequential adjustment to the carrying amount of the investment property would be recorded in the profit and loss for the year.
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Sphere NW Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2023
5,216 
Additions
5,491 
At 31 October 2024
10,707 
Depreciation
At 1 November 2023
3,238 
Charge for the year
3,569 
At 31 October 2024
6,807 
Net book value
At 31 October 2024
3,900 
At 31 October 2023
1,978 
5
Investment property
2024 
£ 
Fair value at 1 November 2023
145,906 
Additions
140,921 
At 31 October 2024
286,827 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
228 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
210 
180 
Taxes and social security
- 
1,618 
Loans from directors
282,992 
144,845 
283,202 
146,643 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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