SPARTAN RESIDENTIAL LIMITED - Filleted accounts

Registered number

14703388

SPARTAN RESIDENTIAL LIMITED

Filleted Accounts

31 March 2025

SPARTAN RESIDENTIAL LIMITED
Registered number:		14703388
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		241,506			241,506
			241,506			241,506
Current assets
Stocks		-			-
Debtors	4	6,072			6,336
Cash at bank and in hand		3,864			4,444
		9,936			10,780

Creditors: amounts falling due within one year	5	(780)			(780)

Net current assets			9,156			10,000

Total assets less current liabilities			250,662			251,506

Creditors: amounts falling due after more than one year	6		(254,100)			(254,100)

Provisions for liabilities			-			-

Net liabilities			(3,438)			(2,594)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(3,538)			(2,694)

Shareholders' funds			(3,438)			(2,594)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The directors have prepared the accounts under the going concern basis as the company continues to meet its liabilities as and when they fall due.


Dee Davis
Director
Approved by the board on 13 September 2025

SPARTAN RESIDENTIAL LIMITED
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	241,506		-		-		241,506
	Additions	-		-		-		-
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 31 March 2025	241,506		-		-		241,506

	Depreciation
	At 1 April 2024	-		-		-		-
	Charge for the year	-		-		-		-
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 31 March 2025	-		-		-		-

	Net book value
	At 31 March 2025	241,506		-		-		241,506
	At 31 March 2024	241,506		-		-		241,506


	Freehold land and buildings:					2025		2024
£							£
	Historical cost					241,506		-
	Cumulative depreciation based on historical cost					-		-
						241,506		-


4	Debtors					2025		2024
£							£

	Trade debtors					-		-
	Deferred tax asset					-		-
	Other debtors					6,072		6,336
						6,072		6,336

	Amounts due after more than one year included above					-		-

5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					-		-
	Trade creditors					-		-
	Taxation and social security costs					-		-
	Other creditors					780		780
						780		780


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Mortgage advance					138,600		138,600
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		-
	Other creditors					115,500		115,500
						254,100		254,100


7	Related party transactions

	No related party transactions were entered into during the year.


8	Controlling party

	The company was under the control of its directors throughout the year.


9	Other information

	SPARTAN RESIDENTIAL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	22 Winchester Way
	Southampton
	Hampshire
	SO40 8JS