Registration number:
Springbutton Limited
for the Year Ended 31 December 2024
Springbutton Limited
Contents
|
Company Information |
|
|
Director's Report |
|
|
Income statement |
|
|
Statement of financial position |
|
|
Notes to the Unaudited Financial Statements |
Springbutton Limited
Company Information
|
Director |
A J Sperrin |
|
Company secretary |
J Naish |
|
Registered office |
|
|
Accountants |
|
Springbutton Limited
Director's Report for the Year Ended 31 December 2024
The director presents the annual report on the affairs of Springbutton Limited, together with the financial statements for the year ended 31 December 2024.
Principal activity
The principal activity of the company is that of an investment holding company.
Director of the company
The director who held office during the year and up to the date of authorisation of this report was as follows:
Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore the director continues to adopt the going concern basis in preparing the annual financial statements.
Small companies provision statement
The director has taken advantage of the small companies exemptions provided by sections 414B and 415A of the Companies Act 2006 from the requirement to prepare a strategic report and in preparing the director's report on the grounds that the company is entitled to prepare its accounts for the year in accordance with the small companies regime.
The
|
......................................... |
Springbutton Limited
Income statement
for the Year Ended 31 December 2024
The company has not traded during the current or preceding year. During these years the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Springbutton Limited
(Registration number: 04871463)
Statement of financial position as at 31 December 2024
|
Note |
2024 |
2023 |
|
|
Non current assets |
|||
|
Investments |
|
|
|
|
Equity |
|||
|
Called up share capital |
|
|
For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
The financial statements of Springbutton Limited were approved and authorised for issue by the
.........................................
Director
Springbutton Limited
Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024
|
General information |
Springbutton Limited (the 'company') is a private company limited by share capital, registered in England and Wales under the Companies Act. The address of the registered office is given on page 1. The nature of the company's operations and its principal activities are set out in the director's report on page 2.
|
Accounting policies |
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis in preparing the annual financial statements.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).
Judgements and key sources of estimation uncertainties
There were no critical judgements, estimates or assumptions made by the director in the process of applying the company’s accounting policies which have a significant effect on the amounts recognised in the financial statements.
Investments
Non-current assets comprise an unlisted security which is stated at cost less impairment.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Springbutton Limited
Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2024 (continued)
|
2 |
Accounting policies (continued) |
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Financial instruments
|
Average number of employees |
The average number of persons employed by the company (including the director) during the year, was
|
Investments |
|
2024 |
2023 |
|
|
Investments |
1 |
1 |
Details of undertakings
The unlisted investment represents an investment in an associated company where the company holds 20% or more of the nominal value of any class of share capital are as follows:
|
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
|
|
2024 |
2023 |
|||
|
Subsidiary undertakings |
||||
|
|
England and Wales |
Ordinary shares |
|
|
The principal activity of C & S Bull Limited is property trading, management and investments.
The loss for the financial period ending 31 December 2024 of C & S Bull Limited was £2,874 (2023: profit £45,858) and the aggregate amount of the total equity at the end of the period was £76,378 (2023: £79,252).