Company Registration No. 10420817 (England and Wales)
Divine Sparks Limited
Unaudited accounts
for the year ended 31 October 2018
Divine Sparks Limited
Unaudited accounts
Contents
Divine Sparks Limited
Company Information
for the year ended 31 October 2018
Directors
Amandeep Singh Ahluwalia
Preet Ahluwalia
Sarabjit Singh Ahluwalia
Company Number
10420817 (England and Wales)
Registered Office
24 JAMES STREET WEST
BATH
BA1 2BT
UNITED KINGDOM
Accountants
Dead Simple Accounting Ltd
3 Avon Close
Reading
RG31 7YE
Divine Sparks Limited
Statement of financial position
as at 31 October 2018
Cash at bank and in hand
1,736
Creditors: amounts falling due within one year
(89,104)
Net current liabilities
(83,727)
Profit and loss account
(71,593)
Shareholders' funds
(71,592)
For the year ending 31 October 2018 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.
Approved by the Board on 14 March 2019.
Preet Ahluwalia
Director
Company Registration No. 10420817
Divine Sparks Limited
Notes to the Accounts
for the year ended 31 October 2018
Divine Sparks Limited is a private company, limited by shares, registered in England and Wales, registration number 10420817. The registered office is 24 JAMES STREET WEST, BATH, BA1 2BT, UNITED KINGDOM.
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 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.
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:
Computer equipment
3 years on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Other
Divine Sparks Limited
Notes to the Accounts
for the year ended 31 October 2018
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2017
7,149
-
7,149
At 31 October 2018
8,051
600
8,651
At 1 November 2017
2,383
-
2,383
Charge for the year
2,683
200
2,883
At 31 October 2018
5,066
200
5,266
At 31 October 2018
2,985
400
3,385
Accrued income and prepayments
2,216
7
Creditors: amounts falling due within one year
2018
Bank loans and overdrafts
22,594
Taxes and social security
6,507
Loans from directors
55,695
8
Average number of employees
During the year the average number of employees was 8.
