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Company Registration No. 12207126 (England and Wales)
SPS DRYWALL LTD Unaudited accounts for the year ended 31 August 2024
SPS DRYWALL LTD Unaudited accounts Contents
Page
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SPS DRYWALL LTD Company Information for the year ended 31 August 2024
Director
Stanimir TSONEV
Company Number
12207126 (England and Wales)
Registered Office
6 Harrison Road Dagenham Essex RM10 8RS England
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SPS DRYWALL LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
958 
Current assets
Debtors
3,621 
9,578 
Cash at bank and in hand
49,982 
42,629 
53,603 
52,207 
Creditors: amounts falling due within one year
(50,090)
(50,858)
Net current assets
3,513 
1,349 
Net assets
3,513 
2,307 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,413 
2,207 
Shareholders' funds
3,513 
2,307 
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 28 May 2025 and were signed on its behalf by
Stanimir TSONEV Director Company Registration No. 12207126
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SPS DRYWALL LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
SPS DRYWALL LTD is a private company, limited by shares, registered in England and Wales, registration number 12207126. The registered office is 6 Harrison Road, Dagenham, Essex, RM10 8RS, England.
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:
Computer equipment
50%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
10,264 
At 31 August 2024
10,264 
Depreciation
At 1 September 2023
9,306 
Charge for the year
958 
At 31 August 2024
10,264 
Net book value
At 31 August 2024
- 
At 31 August 2023
958 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
229 
931 
Trade debtors
3,392 
7,693 
Other debtors
- 
954 
3,621 
9,578 
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SPS DRYWALL LTD Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
13,932 
9,498 
Other creditors
36,158 
41,360 
50,090 
50,858 
7
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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