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Company Registration No. 05243807 (England and Wales)
Sparkle Quality Coatings Limited Unaudited accounts for the year ended 31 January 2026
Sparkle Quality Coatings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Sparkle Quality Coatings Limited Company Information for the year ended 31 January 2026
Directors
Neil Willey Neil Wilkinson Ian Carruthers
Company Number
05243807 (England and Wales)
Registered Office
10 LEE CLOSE PATTINSON NORTH WASHINGTON TYNE & WEAR NE38 8QF ENGLAND
Accountants
The Accounts Dept NE Ltd G21, The Avenues Eleventh Avenue, Team Valley Trading Est Gateshead Tyne & Wear NE11 0NJ
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Sparkle Quality Coatings Limited Statement of financial position as at 31 January 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
8,975
11,622
Current assets
Inventories
6,966
6,966
Debtors
5
97,344
102,340
Cash at bank and in hand
87,273
98,470
191,583
207,776
Creditors: amounts falling due within one year
6
(44,444)
(52,515)
Net current assets
147,139
155,261
Total assets less current liabilities
156,114
166,883
Creditors: amounts falling due after more than one year
7
-
(4,577)
Net assets
156,114
162,306
Capital and reserves
Called up share capital
50,000
50,000
Profit and loss account
106,114
112,306
Shareholders' funds
156,114
162,306
For the year ending 31 January 2026 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 5 June 2026 and were signed on its behalf by
Neil Wilkinson Director Company Registration No. 05243807
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Sparkle Quality Coatings Limited Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Sparkle Quality Coatings Limited is a private company, limited by shares, registered in England and Wales, registration number 05243807. The registered office is 10 LEE CLOSE, PATTINSON NORTH, WASHINGTON, TYNE & WEAR, NE38 8QF, 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:
Plant & machinery
20%
Motor vehicles
25%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2025
88,236
30,600
118,836
At 31 January 2026
88,236
30,600
118,836
Depreciation
At 1 February 2025
83,066
24,148
107,214
Charge for the year
1,034
1,613
2,647
At 31 January 2026
84,100
25,761
109,861
Net book value
At 31 January 2026
4,136
4,839
8,975
At 31 January 2025
5,170
6,452
11,622
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Sparkle Quality Coatings Limited Notes to the Accounts for the year ended 31 January 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
94,723
99,702
Accrued income and prepayments
2,621
2,638
97,344
102,340
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
21,887
24,643
Trade creditors
23
-
Taxes and social security
11,611
11,822
Other creditors
5,472
10,599
Loans from directors
5,451
5,451
44,444
52,515
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
-
4,577
8
Average number of employees
During the year the average number of employees was 9 (2025: 9).
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