REGISTERED NUMBER: 05679028 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

SPARK LEADERSHIP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E A Golden Coffey

R A Golden

REGISTERED OFFICE:

83 Cambridge Street

Pimlico

London

SW1V 4PS

REGISTERED NUMBER:

05679028 (England and Wales)

ACCOUNTANTS:

George Hay & Company

Chartered Accountants

83 Cambridge Street

London

SW1V 4PS

FIXED ASSETS

Tangible assets

4

2,404

4,697

CURRENT ASSETS

Debtors

5

1,323,110

1,418,318

Cash at bank

5,897

24,980

1,329,007

1,443,298

CREDITORS

Amounts falling due within one year

6

507,742

471,108

NET CURRENT ASSETS

821,265

972,190

TOTAL ASSETS LESS CURRENT LIABILITIES

823,669

976,887

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

823,668

976,886

SHAREHOLDERS' FUNDS

823,669

976,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd December 2025 and were signed on its behalf by:

E A Golden Coffey - Director

1.	STATUTORY INFORMATION

Spark Leadership Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% straight line

Computer equipment

-

25% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Financial instruments

The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st January 2024

and 31st December 2024

8,216

18,676

26,892

DEPRECIATION

At 1st January 2024

7,649

14,546

22,195

Charge for year

310

1,983

2,293

At 31st December 2024

7,959

16,529

24,488

NET BOOK VALUE

At 31st December 2024

257

2,147

2,404

At 31st December 2023

567

4,130

4,697

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

77,122

83,369

Amounts owed by associates

507,703

437,213

Director's current accounts

721,003

880,473

Tax

17,282

15,433

Prepayments

-

1,830

1,323,110

1,418,318

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

15,169

11,985

Tax

263,967

251,067

Social security and other taxes

2,877

-

VAT

203,300

188,332

Other creditors

5,000

-

Credit card account

8,641

9,030

Accruals

8,788

10,694

507,742

471,108

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2024 and 31st December 2023:

2024

2023

£

£

E A Golden Coffey

Balance outstanding at start of year

867,014

786,994

Amounts advanced

157,484

294,453

Amounts repaid

(322,434

)

(214,433

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

702,064

867,014

R A Golden

Balance outstanding at start of year

13,459

13,908

Amounts advanced

8,213

100

Amounts repaid

(2,733

)

(549

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

18,939

13,459