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Company registration number:
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09343167
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SP Business Management Ltd
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Balance sheet
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as at 31 December 2024
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2024
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2023
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£
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£
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£
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£
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Fixed assets
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613
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1,581
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Current assets
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3,246
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26,973
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Creditors: amounts falling due within one year
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(6,135)
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(28,104)
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Net current liabilities
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(2,889)
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(1,131)
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NET (LIABILITIES)/ASSETS
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(2,276)
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450
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CAPITAL AND RESERVES
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(2,276)
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450
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Notes
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1
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Company information
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SP Business Management Ltd is a private company registered in England and Wales. Its registered
number is 09343167. The company is limited by shares. Its registered office is 16 Dalmore Road, West
Dulwich, London, SE21 8HB.
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2
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Average number of employees
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During the year the average number of employees was 1 (2023 - 2).
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3
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Advances, credit and guarantees granted to the director
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In the year the company repaid the director £50,790 (2023: £152,223) and the director advanced the
company £40,834 (2023: £142,955). At the balance sheet date the company owed the director £2,456
(2023: £12,412). The amount is classified as a current creditor and is repayable on demand, no interest
is charged on amounts owed to the director.
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4
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Transition to FRS 105
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These are the first financial statements that comply with FRS 105. The company transitioned to FRS
105 as at 1 January 2024. This has affected the previously reported financial position as follows (in
relation to deferred tax only that is not recognised under FRS 105):
Balance Sheet - Deferred tax provision removed: DR £300
Balance Sheet - Capital and Reserves restated: CR £300
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The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to
small companies for the year ended 31 December 2024.
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The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
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1
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