S Spot Limited - Accounts

	Registered number
	13145055

	S Spot Limited
	Report and Unaudited Accounts
	for the year ended
	31 December 2024

Directors
Miss K Bolton
Miss H Jackson

Accountants
Tax Navigator Ltd
22 Kingsclere Close
London
SW15 4EY

Registered Office
7 Bell Yard
London
WC2A 2JR
England

Registered Number
13145055

The directors submit the report and financial statements for the year ended 31 December 2024.

Directors
The directors shown below held office during the whole of the accounting period:

Miss K Bolton

Miss H Jackson

The report of the directors has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

This report was approved by the board on 30 September 2024.

..........................

Miss K Bolton

Director

	Notes	2024 £	2023 £
Turnover		78,510	25,485
Cost of sales		(4,281)	(12,980)
Gross profit		74,229	12,505

Distribution costs		(67,470)	(17,768)
Administrative expenses		(100,776)	(15,196)
Operating profit/(loss)		(94,017)	(20,459)

Other operating income		0	175
Profit/(loss) on ordinary activities before taxation	2	(94,017)	(20,284)

Tax on ordinary activities		(0)	(0)
Profit/(loss) on ordinary activities after taxation		(94,017)	(20,284)

	2024 £	2023 £
Profit (loss) after taxation	(94,017)	(20,284)
Total comprehensive income	(94,017)	(20,284)

S Spot Limited Balance Sheet as at 31 December 2024
	Notes		2024 £		2023 £
Fixed assets
Tangible assets			0		751
			0		751

Current assets
Stocks		41,635		6,462
Debtors	4	282		28
Cash at bank and in hand		106,409		135,601
		148,326		142,091

Prepayments and accrued income:		1,856		0

Creditors: amounts falling due within one year	5	(58,581)		(33,257)

Net current assets / (liabilities)			91,601		108,834

Total assets less current liabilities			91,601		109,585

Provisions for liabilities			(0)		(0)

Accruals and deferred income			(1,300)		(200)

Total net assets (liabilities)			90,301		109,385

Capital and reserves
Called up share capital			109		106
Share premium account			233,930		159,000
Profit and loss account			(143,738)		(49,721)
Shareholders' funds			90,301		109,385

These accounts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Miss H Jackson

Director

Approved by the board on 30 September 2024

Company Number: 13145055 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

7 Bell Yard
London
WC2A 2JR
England

S Spot Limited
Statement of Change in Equity
for the year ended 31 December 2024

	Retained Earnings	Share Capital	Share Premium	Total
For the year ending 31 December 2023:
Balance brought forward	(29,437)	100		(29,337)
Share issues (net fair value)		6	159,000	159,006
Profit for the period	(20,284)			(20,284)
Balance carried forward	(49,721)	106	159,000	109,385
For the year ending 31 December 2024:
Balance brought forward	(49,721)	106	159,000	109,385
Share issues (net fair value)		3	74,930	74,933
Profit for the period	(94,017)			(94,017)
Balance carried forward	(143,738)	109	233,930	90,301

S Spot Limited
Notes to the Accounts
for the year ended 31 December 2024

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Computer equipment

0% Straight Line

Profit or loss
Profit before tax is stated after charging the following:	2024	2023
	£	£
Directors' remuneration	45,813	0

Employees
	2024	2023
Average number of employees during the period	2	2

Debtors
	2024	2023
	£	£
Other debtors	282	28
	282	28

Creditors: amounts falling due within one year
	2024	2023
	£	£
Trade creditors	58,581	33,257
	58,581	33,257

Dividends
	2024	2023
	£	£
Total dividend payment	0	0

S Spot Limited Trading and Profit & Loss Account For the year ended 31 December 2024 for the information of the Directors only
.	.	2024 £	.	2023 £
Sales
Continuing Operations
Turnover		78,510		25,485
		78,510		25,485
Cost of Sales
Opening work in progress		6,462		1,723
Material costs		39,454		17,719
Less: Closing work in progress		(41,635)		(6,462)
		4,281		12,980
Selling & Distribution Costs
Packaging material costs		6,412		6,466
Warehouse and storage expenses		29,433		-
Advertising and promotional costs		31,625		11,302
		67,470		17,768
Administrative Expenses
Staff Costs
Directors' salaries		45,813		-
Employers' National Insurance		4,858		-
Staff travel and subsistence expenses		363		146
Entertainment expenses incurred by staff		438		-
Entertaining of staff		486		1,202
		51,958		1,348
Premise Costs
Rent of premises		4,788		1,416
		4,788		1,416
General
Computer software, IT consumables		249		38
Business insurance		2,945		644
Printing, postage and stationery		656		111
Publication and other information subscriptions		2,767		1,248
Depreciation of tangible fixed assets		751		1,245
Donations		480		137
Other office costs		798		215
		8,646		3,638
Legal & Professional
Consultancy fees		7,750		-
Legal fees		1,552		1,917
Accountancy fees		4,234		1,870
Marketing & PR costs		10,759		3,159
Advertising and promotional costs		8,567		-
Other legal and professional fees		793		840
		33,655		7,786
Finance Charges
Bank charges		1,729		1,008
		1,729		1,008
		100,776		15,196
.
Operating Profit		(94,017)		(20,459)