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Company Registration No. 08629571 (England and Wales)
Spurlite Limited Unaudited accounts for the year ended 31 December 2024
Spurlite Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Spurlite Limited Company Information for the year ended 31 December 2024
Director
Neil Spurling
Company Number
08629571 (England and Wales)
Registered Office
Spurlite Ltd Unit 1 6 Portman Road Reading Berkshire RG30 1EA England
Accountants
P A Hull & Co 30 Bolton Road Aspull Wigan Lancashire WN2 1YY
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Spurlite Limited for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Spurlite Limited for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Spurlite Limited, as a body, in accordance with the terms of our engagement letter dated 30 September 2025. Our work has been undertaken solely to prepare for your approval the accounts of Spurlite Limited and state those matters that we have agreed to state to the Board of Directors of Spurlite Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Spurlite Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Spurlite Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Spurlite Limited. You consider that Spurlite Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Spurlite Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
P A Hull & Co Chartered Accountants 30 Bolton Road Aspull Wigan Lancashire WN2 1YY 30 September 2025
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Spurlite Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
3,011
2,925
Current assets
Inventories
71,678
176,791
Debtors
5
541,764
471,370
Cash at bank and in hand
44,318
141,783
657,760
789,944
Creditors: amounts falling due within one year
6
(468,231)
(642,623)
Net current assets
189,529
147,321
Total assets less current liabilities
192,540
150,246
Creditors: amounts falling due after more than one year
7
(23,334)
(63,325)
Provisions for liabilities
Deferred tax
(573)
(731)
Net assets
168,633
86,190
Capital and reserves
Called up share capital
120
120
Capital redemption reserve
108
108
Profit and loss account
168,405
85,962
Shareholders' funds
168,633
86,190
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
Neil Spurling Director Company Registration No. 08629571
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Spurlite Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Spurlite Limited is a private company, limited by shares, registered in England and Wales, registration number 08629571. The registered office is Spurlite Ltd, Unit 1, 6 Portman Road, Reading, Berkshire, RG30 1EA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
5 Years Straight line method
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 January 2024
16,817
Additions
2,021
At 31 December 2024
18,838
Depreciation
At 1 January 2024
13,892
Charge for the year
1,935
At 31 December 2024
15,827
Net book value
At 31 December 2024
3,011
At 31 December 2023
2,925
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Spurlite Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
303,258
331,252
Accrued income and prepayments
29,370
21,015
Other debtors
209,136
119,103
541,764
471,370
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
40,000
40,008
VAT
69,107
85,982
Trade creditors
301,078
438,681
Taxes and social security
8,024
15,824
Accruals
50,022
62,128
468,231
642,623
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
23,334
63,325
8
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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