Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12795506 Mr Xavier Sunyer Deu Mr Xavier Sunyer Deu true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12795506 2023-12-31 12795506 2024-12-31 12795506 2024-01-01 2024-12-31 12795506 frs-core:CurrentFinancialInstruments 2024-12-31 12795506 frs-core:ShareCapital 2024-12-31 12795506 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12795506 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12795506 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12795506 frs-bus:SmallEntities 2024-01-01 2024-12-31 12795506 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12795506 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12795506 1 2024-01-01 2024-12-31 12795506 frs-core:CostValuation 2023-12-31 12795506 frs-core:DisposalsRepaymentsInvestments 2024-12-31 12795506 frs-core:CostValuation 2024-12-31 12795506 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 12795506 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 12795506 frs-bus:Director1 2024-01-01 2024-12-31 12795506 frs-countries:EnglandWales 2024-01-01 2024-12-31 12795506 2022-12-31 12795506 2023-12-31 12795506 2023-01-01 2023-12-31 12795506 frs-core:CurrentFinancialInstruments 2023-12-31 12795506 frs-core:ShareCapital 2023-12-31 12795506 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12795506
Spring Fibre Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12795506
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 12,377 100,000
12,377 100,000
CURRENT ASSETS
Debtors 5 1,244 1,256
Cash at bank and in hand 3,060 14,764
4,304 16,020
Creditors: Amounts Falling Due Within One Year 6 (972 ) (52,738 )
NET CURRENT ASSETS (LIABILITIES) 3,332 (36,718 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,709 63,282
NET ASSETS 15,709 63,282
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 15,708 63,281
SHAREHOLDERS' FUNDS 15,709 63,282
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Xavier Sunyer Deu
Director
20/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Spring Fibre Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12795506 . The registered office is 20-22 , Wenlock Road, London, N1 7GU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Other
£
Cost
As at 1 January 2024 100,000
Disposals (87,623 )
As at 31 December 2024 12,377
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 12,377
As at 1 January 2024 100,000
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Shenzhen Spring Optic Comm. Co. 1,094 1,094
VAT 150 162
1,244 1,256
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 900 47,057
Corporation tax - 5,681
Director's loan account 72 -
972 52,738
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Xavier Sunyer Deu by virtue of his ownership of 75% or more of the issued share capital in the company.
Page 3