SPK Sales & Marketing Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06673706 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2019

for

SPK Sales & Marketing Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P King

REGISTERED OFFICE:

28A Church Lane

Marple

Stockport

SK6 6DE

REGISTERED NUMBER:

06673706 (England and Wales)

ACCOUNTANTS:

Paul Summers & Co

28A Church Lane

Marple

Stockport

Cheshire

SK6 6DE

FIXED ASSETS

Tangible assets

4

2,012

2,682

CURRENT ASSETS

Stocks

499,000

410,000

Debtors

431,460

403,396

Cash at bank

215,973

87,785

1,146,433

901,181

CREDITORS

Amounts falling due within one year

(960,927

)

(734,629

)

NET CURRENT ASSETS

185,506

166,552

TOTAL ASSETS LESS CURRENT LIABILITIES

187,518

169,234

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

187,418

169,134

SHAREHOLDERS' FUNDS

187,518

169,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 10 June 2019 and were signed by:

S P King - Director

1.	STATUTORY INFORMATION

SPK Sales & Marketing Limited 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 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. 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% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2018

and 31 January 2019

6,147

DEPRECIATION

At 1 February 2018

3,465

Charge for year

670

At 31 January 2019

4,135

NET BOOK VALUE

At 31 January 2019

2,012

At 31 January 2018

2,682

5.	ULTIMATE CONTROLLING PARTY