Company registration number 11035392 (England and Wales)
SPRINGER HOMES THANET LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
SPRINGER HOMES THANET LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SPRINGER HOMES THANET LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
4,139
4,348
Current assets
Debtors
4
13,733
13,733
Cash at bank and in hand
2,987
2,323
16,720
16,056
Creditors: amounts falling due within one year
5
(53,342)
(36,913)
Net current liabilities
(36,622)
(20,857)
Total assets less current liabilities
(32,483)
(16,509)
Creditors: amounts falling due after more than one year
6
(15,620)
(19,166)
Net liabilities
(48,103)
(35,675)
Capital and reserves
Called up share capital
76
76
Profit and loss reserves
(48,179)
(35,751)
Total equity
(48,103)
(35,675)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 17 April 2025 and are signed on its behalf by:
Mr J C Dudden
Director
Company registration number 11035392 (England and Wales)
SPRINGER HOMES THANET LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information
Springer Homes Thanet Limited is a private company limited by shares incorporated in England and Wales. The registered office is 60 High Street, Broadstairs, Kent, England, CT10 1JT.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
20% on reducing balance
Computers
20% on reducing balance
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
3
SPRINGER HOMES THANET LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
3
Tangible fixed assets
Leasehold improvements
Fixtures and fittings
Computers
Total
£
£
£
£
Cost
At 1 October 2023 and 30 September 2024
3,300
1,200
1,799
6,299
Depreciation and impairment
At 1 October 2023
798
1,153
1,951
Depreciation charged in the year
80
129
209
At 30 September 2024
878
1,282
2,160
Carrying amount
At 30 September 2024
3,300
322
517
4,139
At 30 September 2023
3,300
402
646
4,348
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
13,733
13,733
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
3,023
2,500
Trade creditors
23,200
18,576
Corporation tax
2,815
2,815
Other taxation and social security
3,930
5,740
Other creditors
15,484
4,852
Accruals and deferred income
4,890
2,430
53,342
36,913
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
15,620
19,166