Company Registration No. 13368666 (England and Wales)
SPREN LTD
Unaudited accounts
for the year ended 30 April 2023
SPREN LTD
Unaudited accounts
Contents
SPREN LTD
Company Information
for the year ended 30 April 2023
Directors
Ryan Samuels
Charles Van Lennep
Company Number
13368666 (England and Wales)
Registered Office
THE BARN THE BARN
CARR FARM
BRIGG
DN20 9HP
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
SPREN LTD
Statement of financial position
as at 30 April 2023
Investment property
218,809
218,809
Cash at bank and in hand
244
3,868
Creditors: amounts falling due within one year
(80,541)
(64,836)
Net current liabilities
(80,297)
(60,968)
Total assets less current liabilities
138,512
157,841
Creditors: amounts falling due after more than one year
(132,264)
(155,838)
Called up share capital
2
2
Profit and loss account
6,246
2,001
Shareholders' funds
6,248
2,003
For the year ending 30 April 2023 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 24 December 2023 and were signed on its behalf by
Ryan Samuels
Director
Company Registration No. 13368666
SPREN LTD
Notes to the Accounts
for the year ended 30 April 2023
SPREN LTD is a private company, limited by shares, registered in England and Wales, registration number 13368666. The registered office is THE BARN THE BARN, CARR FARM, BRIGG, DN20 9HP, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 May 2022
218,809
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,465
469
Loans from directors
78,717
64,152
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
132,264
155,838
SPREN LTD
Notes to the Accounts
for the year ended 30 April 2023
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).