0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-08-26 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 05532944 2023-08-26 2024-08-25 05532944 2024-08-25 05532944 2023-08-25 05532944 2022-08-26 2023-08-25 05532944 2023-08-25 05532944 2022-08-25 05532944 bus:Director2 2023-08-26 2024-08-25 05532944 core:WithinOneYear 2024-08-25 05532944 core:WithinOneYear 2023-08-25 05532944 core:ShareCapital 2024-08-25 05532944 core:ShareCapital 2023-08-25 05532944 core:RetainedEarningsAccumulatedLosses 2024-08-25 05532944 core:RetainedEarningsAccumulatedLosses 2023-08-25 05532944 bus:SmallEntities 2023-08-26 2024-08-25 05532944 bus:AuditExemptWithAccountantsReport 2023-08-26 2024-08-25 05532944 bus:SmallCompaniesRegimeForAccounts 2023-08-26 2024-08-25 05532944 bus:PrivateLimitedCompanyLtd 2023-08-26 2024-08-25 05532944 bus:FullAccounts 2023-08-26 2024-08-25
COMPANY REGISTRATION NUMBER: 05532944
SPV 1023J LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
25 August 2024
SPV 1023J LTD
STATEMENT OF FINANCIAL POSITION
25 August 2024
2024
2023
Note
£
£
£
Current assets
Debtors
4
28,525
26,929
Cash at bank and in hand
1,682
---------
---------
28,525
28,611
Creditors: amounts falling due within one year
5
49,415
46,736
---------
---------
Net current liabilities
20,890
18,125
---------
---------
Total assets less current liabilities
( 20,890)
( 18,125)
---------
---------
Net liabilities
( 20,890)
( 18,125)
---------
---------
Capital and reserves
Called up share capital
2
2
Profit and loss account
( 20,892)
( 18,127)
---------
---------
Shareholders deficit
( 20,890)
( 18,125)
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 25 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- 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 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
SPV 1023J LTD
STATEMENT OF FINANCIAL POSITION (continued)
25 August 2024
These financial statements were approved by the board of directors and authorised for issue on 13 May 2025 , and are signed on behalf of the board by:
Mr L J Cottingham
Director
Company registration number: 05532944
SPV 1023J LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 25 AUGUST 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 168 Church Road, Hove, BN3 2DL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
4. Debtors
2024
2023
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
28,525
26,925
Other debtors
4
---------
---------
28,525
26,929
---------
---------
5. Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
19,331
19,331
Amount owed to The Cottingham Retirement Benefit Scheme
10,407
10,407
Other creditors
19,677
16,998
---------
---------
49,415
46,736
---------
---------
6. Controlling party
The ultimate parent company is LC365 Ltd who own all of the company's issued share capital. At the balance sheet date, the company was owed £28,525 by LC365 Ltd (2023: £26,925).