SPICE I AM LTD

Company Registration Number:
12048146 (England and Wales)

Unaudited abridged accounts for the year ended 29 June 2024

Period of accounts

Start date: 01 July 2023

End date: 29 June 2024

SPICE I AM LTD

Contents of the Financial Statements

for the Period Ended 29 June 2024

Balance sheet
Notes

SPICE I AM LTD

Balance sheet

As at 29 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 127,445 108,926
Total fixed assets: 127,445 108,926
Current assets
Stocks: 11,200 10,500
Debtors:   13,444 26,019
Cash at bank and in hand: 52,376 15,945
Total current assets: 77,020 52,464
Creditors: amounts falling due within one year: 4 (43,349) (19,428)
Net current assets (liabilities): 33,671 33,036
Total assets less current liabilities: 161,116 141,962
Creditors: amounts falling due after more than one year: 5 (89,000) (89,000)
Total net assets (liabilities): 72,116 52,962
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 72,016 52,862
Shareholders funds: 72,116 52,962

The notes form part of these financial statements

SPICE I AM LTD

Balance sheet statements

For the year ending 29 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 June 2025
and signed on behalf of the board by:

Name: Minhaz Nasir
Status: Director

The notes form part of these financial statements

SPICE I AM LTD

Notes to the Financial Statements

for the Period Ended 29 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Fixtures and fittings 25% reducing balance

SPICE I AM LTD

Notes to the Financial Statements

for the Period Ended 29 June 2024

2. Employees

2024 2023
Average number of employees during the period 30 43

SPICE I AM LTD

Notes to the Financial Statements

for the Period Ended 29 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 121,773
Additions 37,540
At 29 June 2024 159,313
Depreciation
At 01 July 2023 12,847
Charge for year 19,021
At 29 June 2024 31,868
Net book value
At 29 June 2024 127,445
At 30 June 2023 108,926

SPICE I AM LTD

Notes to the Financial Statements

for the Period Ended 29 June 2024

4. Creditors: amounts falling due within one year note

2024 Trade creditors £7630 CT £150 Other taxation £31090 Other creditors £4479 2023 Trade creditors £10057 CT £3359 Other taxation £183 Other creditors £5829

SPICE I AM LTD

Notes to the Financial Statements

for the Period Ended 29 June 2024

5. Creditors: amounts falling due after more than one year note

2024 Other creditors £89000 2023 Other creditors £89000