1 September 2023 false Taxfiler 2024.6 08170364business:PrivateLimitedCompanyLtd2023-09-012024-08-31 081703642023-08-31 081703642023-09-012024-08-31 08170364business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 08170364business:FilletedAccounts2023-09-012024-08-31 081703642024-08-31 08170364business:Director12023-09-012024-08-31 08170364business:RegisteredOffice2023-09-012024-08-31 081703642023-08-31 08170364core:WithinOneYear2024-08-31 08170364core:WithinOneYear2023-08-31 08170364core:AfterOneYear2024-08-31 08170364core:AfterOneYear2023-08-31 08170364core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 08170364core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 08170364core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 08170364core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 08170364core:PreviouslyStatedAmount2024-08-31 08170364core:PreviouslyStatedAmount2023-08-31 08170364business:SmallEntities2023-09-012024-08-31 08170364countries:EnglandWales2023-09-012024-08-31 08170364core:PlantMachinery2023-09-012024-08-31 08170364core:ComputerEquipment2023-09-012024-08-31 08170364core:PlantMachinery2023-08-31 08170364core:ComputerEquipment2023-08-31 08170364core:PlantMachinery2024-08-31 08170364core:ComputerEquipment2024-08-31 081703642022-09-012023-08-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
SPENIC LIMITED Company Information for the year ended 31 August 2024
Director
Simon Jackson
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
- 3 -
SPENIC LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,179 
21,186 
Current assets
Inventories
3,500 
15,417 
Debtors
124,477 
137,771 
Cash at bank and in hand
1,099 
7,745 
129,076 
160,933 
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)
Net assets
78,244 
46,831 
Capital and reserves
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
- 4 -
SPENIC LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
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:
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 
Depreciation
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 
Net book value
At 31 August 2024
14,128 
51 
14,179 
At 31 August 2023
21,086 
100 
21,186 
5
Debtors
2024 
2023 
£ 
£ 
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 
- 5 -
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 
VAT
(2,866)
4,183 
Trade creditors
- 
(3,364)
Taxes and social security
11,593 
15,245 
Other creditors
- 
(642)
Loans from directors
14,408 
55,625 
Accruals
- 
2,500 
23,510 
102,524 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
32,764 
32,764 
Trade creditors
8,737 
- 
41,501 
32,764 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -