Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Spitz'n'Sparx Limited
Contents
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Spitz'n'Sparx Limited
Company Information
Directors |
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Company secretary |
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Registered office |
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Accountants |
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Spitz'n'Sparx Limited
(Registration number: 06008827)
Abbreviated Balance Sheet at 30 November 2015
Note |
2015
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2014
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' deficit |
( |
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Approved by the Board on
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Mr R G Williams
Director
2
Spitz'n'Sparx Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued
Accounting policies |
Basis of preparation
Going concern
Despite total net liabilities of £35,901 (2014: £31,422), the directors believe it appropriate to prepare the financial statements on a going concern basis as £40,818 (2014: £34,207) is owed to the directors, who have agreed to subordinate their claim to this amount below those of other creditors.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
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Motor vehicles |
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Office equipment |
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Deferred tax
Financial instruments
Spitz'n'Sparx Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 December 2014 |
13,423 |
13,423 |
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At 30 November 2015 |
13,423 |
13,423 |
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Depreciation |
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At 1 December 2014 |
11,909 |
11,909 |
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Charge for the year |
757 |
757 |
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At 30 November 2015 |
12,666 |
12,666 |
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Net book value |
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At 30 November 2015 |
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At 30 November 2014 |
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Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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Related party transactions |
At 30 Novemeber 2015 the balance owed to the directors was £40,818.
Control |
The largest single shareholding in the company is 50% and therefore there is no ultimate controlling party.