Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-3172023-11-01No description of principal activitytrue8The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetruefalse 12273107 2023-11-01 2024-10-31 12273107 2022-11-01 2023-10-31 12273107 2024-10-31 12273107 2023-10-31 12273107 c:Director1 2023-11-01 2024-10-31 12273107 d:PlantMachinery 2023-11-01 2024-10-31 12273107 d:PlantMachinery 2024-10-31 12273107 d:PlantMachinery 2023-10-31 12273107 d:CurrentFinancialInstruments 2024-10-31 12273107 d:CurrentFinancialInstruments 2023-10-31 12273107 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 12273107 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 12273107 d:ShareCapital 2024-10-31 12273107 d:ShareCapital 2023-10-31 12273107 d:RetainedEarningsAccumulatedLosses 2024-10-31 12273107 d:RetainedEarningsAccumulatedLosses 2023-10-31 12273107 c:FRS102 2023-11-01 2024-10-31 12273107 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12273107 c:FullAccounts 2023-11-01 2024-10-31 12273107 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12273107 4 2023-11-01 2024-10-31 12273107 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 12273107










THE SPREAD EAGLE (CHESTERFIELD) LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
THE SPREAD EAGLE (CHESTERFIELD) LTD
REGISTERED NUMBER: 12273107

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Tangible assets
 4 
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
-
843

Cash at bank and in hand
  
-
3,705

  
-
4,548

Creditors: amounts falling due within one year
 6 
(28,831)
(142,125)

Net current liabilities
  
 
 
(28,831)
 
 
(137,577)

  

Net liabilities
  
(28,831)
(137,577)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(28,931)
(137,677)

  
(28,831)
(137,577)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2025.




P F Jones
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 1

 
THE SPREAD EAGLE (CHESTERFIELD) LTD
REGISTERED NUMBER: 12273107
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024


Page 2

 
THE SPREAD EAGLE (CHESTERFIELD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

The Spread Eagle (Chesterfield) Ltd is a private Company limited by shares, incorporated in England and Wales (registered number: 12273107). Its registered office is 443-445 Sheffield Road, Chesterfield, S41 8LT. The principal activity of the Company throughout the year continued to be that of hotels and restaurants. The Company ceased trading in December 2023. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have not been prepared on a going concern basis. The directors have determined that the Company has ceased trading and there is no realistic prospect of resuming operations. Accordingly, the financial statements have been prepared on a break-up basis, reflecting the anticipated realisable values of assets and settlement values of liabilities. 

Page 3

 
THE SPREAD EAGLE (CHESTERFIELD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight line basis over the lease term.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
THE SPREAD EAGLE (CHESTERFIELD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.


 
2.7

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

The depreciation rates used are:

Plant and machinery
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

Page 5

 
THE SPREAD EAGLE (CHESTERFIELD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2023 - 8).

Page 6

 
THE SPREAD EAGLE (CHESTERFIELD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Plant and machinery

£





At 1 November 2023
18,658


Disposals
(18,658)



At 31 October 2024

-





At 1 November 2023
18,658


Disposals
(18,658)



At 31 October 2024

-



Net book value



At 31 October 2024
-



At 31 October 2023
-


5.


Debtors

2024
2023
£
£


Trade debtors
-
843



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
15,932

Other taxation and social security
-
8,703

Other creditors
28,831
117,490

28,831
142,125


Page 7

 
THE SPREAD EAGLE (CHESTERFIELD) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

7.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £196 (2023 - £2,029). Contributions totalling £nil (2023 - £nil) were payable to the fund at the Balance Sheet date and are included in creditors.

 
Page 8