Company Registration No. 08170364 (England and Wales)
SPENIC LIMITED
unaudited financial statements
for the year ended 31 August 2024
SPENIC LIMITED
unaudited financial statements
Contents
SPENIC LIMITED
Company Information
for the year ended 31 August 2024
Company Number
08170364 (England and Wales)
Registered Office
SPENIC LIMITED THE LAURELS
STONE
BERKELEY
GLOUCESTERSHIRE
GL13 9LD
Accountants
E-ACCOUNTANTS LTD
Oriel House 26 The Quadrant
RICHMOND
SURREY
TW9 1DL
SPENIC LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
14,179
21,186
Cash at bank and in hand
1,099
7,745
Creditors: amounts falling due within one year
(23,510)
(102,524)
Net current assets
105,566
58,409
Total assets less current liabilities
119,745
79,595
Creditors: amounts falling due after more than one year
(41,501)
(32,764)
Called up share capital
100
100
Profit and loss account
78,144
46,731
Shareholders' funds
78,244
46,831
For the year ending 31 August 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 his 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 29 April 2025 and were signed on its behalf by
Simon Jackson
Director
Company Registration No. 08170364
SPENIC LIMITED
Notes to the Accounts
for the year ended 31 August 2024
SPENIC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08170364. The registered office is SPENIC LIMITED THE LAURELS, STONE, BERKELEY, GLOUCESTERSHIRE, GL13 9LD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
33% written down
Computer equipment
33% written down
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
44,074
2,811
46,885
At 31 August 2024
44,074
2,811
46,885
At 1 September 2023
22,988
2,711
25,699
Charge for the year
6,958
49
7,007
At 31 August 2024
29,946
2,760
32,706
At 31 August 2024
14,128
51
14,179
At 31 August 2023
21,086
100
21,186
Amounts falling due within one year
Trade debtors
5,772
21,453
Amounts falling due after more than one year
Amounts due from group undertakings etc.
118,705
116,318
SPENIC LIMITED
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
375
28,977
Taxes and social security
11,593
15,245
Loans from directors
14,408
55,625
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).