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REGISTERED NUMBER: 03243597












Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Spark Mason Ltd

Spark Mason Ltd (Registered number: 03243597)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Spark Mason Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: A G Glendinning





REGISTERED OFFICE: Boston House
Grove Business Park
Downsview Road
Wantage
Oxfordshire
OX12 9FF





REGISTERED NUMBER: 03243597





ACCOUNTANTS: Webb Teasdale Accountancy Ltd
Boston House
Grove Business Park
Downsview Road
Wantage
Oxfordshire
OX12 9FF

Spark Mason Ltd (Registered number: 03243597)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,510 967

CURRENT ASSETS
Debtors 5 147 14,468
Cash at bank 451,951 427,015
452,098 441,483
CREDITORS
Amounts falling due within one year 6 422,245 419,564
NET CURRENT ASSETS 29,853 21,919
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,363

22,886

PROVISIONS FOR LIABILITIES 94 184
NET ASSETS 31,269 22,702

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 31,169 22,602
SHAREHOLDERS' FUNDS 31,269 22,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2025 and were signed by:




A G Glendinning - Director


Spark Mason Ltd (Registered number: 03243597)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Spark Mason Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Spark Mason Ltd (Registered number: 03243597)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023 16,313 2,964 969 20,246
Additions 1,050 - - 1,050
At 31 August 2024 17,363 2,964 969 21,296
DEPRECIATION
At 1 September 2023 15,609 2,903 767 19,279
Charge for year 440 16 51 507
At 31 August 2024 16,049 2,919 818 19,786
NET BOOK VALUE
At 31 August 2024 1,314 45 151 1,510
At 31 August 2023 704 61 202 967

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 14,312
Other debtors 147 156
147 14,468

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 10,692 91
Other creditors 411,553 419,473
422,245 419,564

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Directors loans are repayable on demand, and are interest free up to a limit of £10000 above which interest will be charged at the HMRC specified rate.

As at 31st August 2024 the Company owed the Directors 410,257.03.