2023-04-012024-09-302024-09-30false11232845SPAZIO BIANCO 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SPAZIO BIANCO LTD

Registered Number
11232845
(England and Wales)

Unaudited Financial Statements for the Period ended
30 September 2024

SPAZIO BIANCO LTD
Company Information
for the period from 1 April 2023 to 30 September 2024

Director

MURPHY, Eric

Registered Address

15 Riverside Studios Amethyst Road
Newcastle Business Park
Newcastle Upon Tyne
NE4 7YL

Registered Number

11232845 (England and Wales)
SPAZIO BIANCO LTD
Statement of Financial Position
30 September 2024

Notes

30 Sep 2024

31 Mar 2023

£

£

£

£

Fixed assets
Tangible assets36,27111,179
6,27111,179
Current assets
Debtors-1,474
Cash at bank and on hand1214,079
1215,553
Creditors amounts falling due within one year(626)(14,314)
Net current assets (liabilities)(505)(8,761)
Total assets less current liabilities5,7662,418
Creditors amounts falling due after one year(15,000)(25,300)
Net assets(9,234)(22,882)
Capital and reserves
Called up share capital11
Profit and loss account(9,235)(22,883)
Shareholders' funds(9,234)(22,882)
The financial statements were approved and authorised for issue by the Director on 30 April 2025, and are signed on its behalf by:
MURPHY, Eric
Director
Registered Company No. 11232845
SPAZIO BIANCO LTD
Notes to the Financial Statements
for the period ended 30 September 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.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.
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:

Reducing balance (%)Straight line (years)
Plant and machinery-4
Fixtures and fittings20-
Office Equipment-4
2.Average number of employees

20242023
Average number of employees during the year01
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 2322,687
Additions518
At 30 September 2423,205
Depreciation and impairment
At 01 April 2311,508
Charge for year5,426
At 30 September 2416,934
Net book value
At 30 September 246,271
At 31 March 2311,179