Company Registration No. 03731879 (England and Wales)
Sphere Holdings Ltd
Unaudited accounts
for the year ended 30 June 2024
Sphere Holdings Ltd
Unaudited accounts
Contents
Sphere Holdings Ltd
Company Information
for the year ended 30 June 2024
Directors
Mr Baljit Singh Sandhu
Mr Jason Singh Sandhu
Mr Justin Singh Sandhu
Company Number
03731879 (England and Wales)
Registered Office
18 Main Road
Biggin Hill
Westerham
Kent
TN16 3EB
UK
Sphere Holdings Ltd
Statement of financial position
as at 30 June 2024
Debtors
1,628,196
1,619,896
Cash at bank and in hand
3,221
4,728
Creditors: amounts falling due within one year
(33,054)
(34,021)
Net current assets
1,598,363
1,590,603
Net assets
1,598,513
1,590,753
Called up share capital
150
150
Profit and loss account
1,598,363
1,590,603
Shareholders' funds
1,598,513
1,590,753
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 2 May 2025 and were signed on its behalf by
Mr Jason Singh Sandhu
Director
Company Registration No. 03731879
Sphere Holdings Ltd
Notes to the Accounts
for the year ended 30 June 2024
Sphere Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 03731879. The registered office is 18 Main Road, Biggin Hill, Westerham, Kent, TN16 3EB, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 July 2023
150
Valuation at 30 June 2024
150
Amounts falling due within one year
Amounts due from group undertakings etc.
1,628,196
1,619,896
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
254
1,521
Other creditors
25,000
25,000
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).