| Registered Number:14679091 |
For the year ended 28 February 2025
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2025
Spares4bms Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Spares4bms Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
7,426
8,194
2
7,426
8,194
46,149
56,410
3
| Trade and other receivables |
2,305
2,536
4
73,796
| Cash and cash equivalents |
80,559
139,505
122,250
| Trade and other payables: amounts falling due within one |
| year |
(36,192)
(37,678)
5
86,058
101,827
Net current assets
| Total assets less current liabilities |
109,253
94,252
109,253
Net assets
94,252
3
3
109,250
94,249
109,253
94,252
Shareholders' funds
| For the year ended 28 February 2025 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Lukasz Bochonko Director |
| These financial statements were approved and authorised for issue by the Board on 14 July 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 28 February 2025
Spares4bms Ltd
Notes to the Financial Statements
Statutory Information
| Spares4bms Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 14679091. |
Unit 4 Cookley Wharf
Leys Road
Brierley Hill
DY5 3UP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Furniture and Fittings
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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For the year ended 28 February 2025
Spares4bms Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
9,025
2,275
6,250
500
1,439
549
890
-
500
7,140
2,824
10,464
| Provision for depreciation and impairment |
831
445
271
115
Charge for year
2,207
728
1,354
125
3,038
1,173
1,625
240
260
5,515
1,651
7,426
385
5,979
1,830
8,194
2024
2025
56,410
46,149
| 4. Trade and other receivables |
2024
2025
2,536
2,305
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
4,005
3,529
| Taxation and social security |
28,316
30,250
5,357
2,413
37,678
36,192
| 6. Average number of persons employed |
During the year the average number of employees was 3 (2024 : 3)
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