SPARK ROAM LIMITED

Company Registration Number:
13747268 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

SPARK ROAM LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

SPARK ROAM LIMITED

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Called up share capital not paid: 9,000,000 9,500,000
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 400,000 250,000
Total fixed assets: 400,000 250,000
Current assets
Stocks: 400,000 0
Debtors:   0 0
Cash at bank and in hand: 100,000 0
Investments: 4 100,000 250,000
Total current assets: 600,000 250,000
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 600,000 250,000
Total assets less current liabilities: 10,000,000 10,000,000
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 10,000,000 10,000,000
Capital and reserves
Called up share capital: 10,000,000 10,000,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 0 0
Shareholders funds: 10,000,000 10,000,000

The notes form part of these financial statements

SPARK ROAM LIMITED

Balance sheet statements

For the year ending 30 November 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 05 December 2024
and signed on behalf of the board by:

Name: Pankaj Kumar Singh
Status: Director

The notes form part of these financial statements

SPARK ROAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 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

SPARK ROAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 15 8

The average number of persons employed by the company during the year was 15 (2023: 8). The increase in the number of employees reflects the growth of the company's operations. Our team is based in various countries, which supports the international scope of our business.

SPARK ROAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Fixed investments

Intangible Assets: Cost of Investment: £300,000 (representing the development of the app and software platform) Amortisation for the year: £60,000 (calculated on a straight-line basis over an estimated useful life of 5 years) Net Book Value at 30 November 2024: £240,000 (£300,000 less £60,000)

SPARK ROAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Current investments

Current Investments: Amount: £100,000 (2023: £250,000) Explanation: These investments are held with the intent to be traded in the short term. The company's portfolio consists of various assets, including crypto, that are held for short-term capital appreciation.