Sprillers - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09515188 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2017 to 31 May 2018

for

Sprillers

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr T P Sykes

Mr J S Sykes

REGISTERED OFFICE:

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

REGISTERED NUMBER:

09515188 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

BANKERS:

Coutts & Co

1 St Pauls Place

121 Norfolk Street

Sheffield

South Yorkshire

S1 2JF

FIXED ASSETS

Investments

4

5,811,229

5,637,030

Investment property

5

134,758

-

5,945,987

5,637,030

CURRENT ASSETS

Debtors

6

1,697

595

Cash at bank

55,974

136,441

57,671

137,036

CREDITORS

Amounts falling due within one year

7

(5,519,454

)

(5,533,057

)

NET CURRENT LIABILITIES

(5,461,783

)

(5,396,021

)

TOTAL ASSETS LESS CURRENT LIABILITIES

484,204

241,009

PROVISIONS FOR LIABILITIES

(32,185

)

-

NET ASSETS

452,019

241,009

CAPITAL AND RESERVES

Called up share capital

8

6

6

Retained earnings

452,013

241,003

SHAREHOLDERS' FUNDS

452,019

241,009

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2018.

The members have not required the Company to obtain an audit of its financial statements for the period ended 31 May 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 20 February 2019 and were signed on its behalf by:

Mr T P Sykes - Director

1.	STATUTORY INFORMATION

Sprillers is a private unlimited company, registered in England and Wales. The company's registered

number and registered office address can be found on the Company Information page.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

On the 25th May 2018 Sprillers was re-registered from a private limited company to a private unlimited

company.

2.	STATEMENT OF COMPLIANCE

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

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost

convention, modified to include certain items at fair value.

Significant judgements and estimates

The principal accounting policies and significant judgements and estimates applied in the preparation

of these financial statements are set out below. These policies, judgements and estimates have been

consistently applied to all years presented unless otherwise stated.

Investments in associates

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position 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 period 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.

Other investments

Listed investments are measured at fair value. Any aggregate surplus of deficit arising from changes in

fair value is recognised in profit or loss.

4.	FIXED ASSET INVESTMENTS

Interest

in

Other

associate

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2017

2,028,060

3,608,970

5,637,030

Additions

-

329,997

329,997

Disposals

-

(380,095

)

(380,095

)

Revaluations

-

224,297

224,297

At 31 May 2018

2,028,060

3,783,169

5,811,229

NET BOOK VALUE

At 31 May 2018

2,028,060

3,783,169

5,811,229

At 31 March 2017

2,028,060

3,608,970

5,637,030

Cost or valuation at 31 May 2018 is represented by:

Interest

in

Other

associate

investments

Totals

£

£

£

Valuation in 2016

-

(396,579

)

(396,579

)

Valuation in 2017

-

487,016

487,016

Valuation in 2018

-

224,297

224,297

Cost

2,028,060

3,468,435

5,496,495

2,028,060

3,783,169

5,811,229

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

134,758

At 31 May 2018

134,758

NET BOOK VALUE

At 31 May 2018

134,758

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

1,697

595

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

11,187

-

Trade creditors

2,210

-

Other creditors

5,506,057

5,533,057

5,519,454

5,533,057

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1

A Ordinary

£1

1

1

1

B Ordinary

£1

1

1

1

C Ordinary

£1

1

1

1

D Ordinary

£1

1

1

1

E Ordinary

£1

1

1

1

F Ordinary

£1

1

1

6

6

9.	POST BALANCE SHEET EVENTS

On 31st January 2019 Sprillers purchased further shares in it's associate which has resulted in

Sprillers owning 100% of the share capital of the company.