Company Registration No. 11572909 (England and Wales)
The Sparrows Cup Ltd
Unaudited accounts
for the year ended 31 March 2025
The Sparrows Cup Ltd
Unaudited accounts
Contents
The Sparrows Cup Ltd
Company Information
for the year ended 31 March 2025
Directors
David Abbott
James Northern
Charlotte Abbott
Lorraine Northern
Company Number
11572909 (England and Wales)
Registered Office
The Old Forge
Manor Farm
Bygrave
Baldock
Hertfordshire
SG7 5EE
England
Accountants
Project H Limited Accountants
Beadle House
Bull Plain
Hertford
Hertfordshire
SG14 1DT
The Sparrows Cup Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
708,812
723,277
Cash at bank and in hand
249,460
15,822
Creditors: amounts falling due within one year
(199,727)
(195,104)
Net current assets/(liabilities)
60,006
(62,249)
Total assets less current liabilities
768,818
661,028
Creditors: amounts falling due after more than one year
(192,348)
(437,353)
Net assets
576,470
223,675
Called up share capital
4
4
Profit and loss account
576,466
223,671
Shareholders' funds
576,470
223,675
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by
David Abbott
Director
Company Registration No. 11572909
The Sparrows Cup Ltd
Notes to the Accounts
for the year ended 31 March 2025
The Sparrows Cup Ltd is a private company, limited by shares, registered in England and Wales, registration number 11572909. The registered office is The Old Forge, Manor Farm, Bygrave, Baldock, Hertfordshire, SG7 5EE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
2% reducing balance
4
Tangible fixed assets
Land & buildings
Charge for the year
14,465
Amounts falling due within one year
Accrued income and prepayments
(60,000)
-
The Sparrows Cup Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
122,421
63,250
Loans from directors
77,272
76,735
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
192,348
437,353
8
Transactions with related parties
Included within debtors is a balance of £272 (2024: £1,136) owed by connected companies. The companies are connected by
virtue of common directors.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).