Spoke Innovation Ltd - Period Ending 2020-03-31

Registration number: 08013813

Spoke Innovation Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2020

Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB

 

Spoke Innovation Ltd

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 5
Notes to the Unaudited Financial Statements	4

Spoke Innovation Ltd

Company Information

Directors

Mr K Vanberg Mrs A Vanberg

Registered office

8 Malden Hill Gardens New Malden Surrey KT3 4HS

Bankers

HSBC 5 Wimbledon Hill Road London SW19 7NF

Accountants

Sherwin Currid Accountancy Limited Chartered Certified Accountants 32 London Road Guildford Surrey GU1 2AB

Page 1

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Spoke Innovation Ltd
for the Year Ended 31 March 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Spoke Innovation Ltd for the year ended 31 March 2020 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Spoke Innovation Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Spoke Innovation Ltd and state those matters that we have agreed to state to the Board of Directors of Spoke Innovation Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.doc.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Spoke Innovation Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Spoke Innovation Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Spoke Innovation Ltd. You consider that Spoke Innovation Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Spoke Innovation Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB

18 December 2020

Page 2

Spoke Innovation Ltd

(Registration number: 08013813)
Balance Sheet as at 31 March 2020

	31 March 2020 £	31 March 2019 £
Current assets	21,908	19,171
Creditors: Amounts falling due within one year	(19,701)	(17,702)
	2,207	1,469
Capital and reserves	2,207	1,469

Page 3

Spoke Innovation Ltd

(Registration number: 08013813)
Balance Sheet as at 31 March 2020

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
8 Malden Hill Gardens
New Malden
Surrey
KT3 4HS
England

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2019 - 1).

3	Related party transactions

Transactions with directors

2020	At 1 April 2019 £	Repayments by director £	At 31 March 2020 £
Mr K Vanberg
Loan paid to director	7,500	(7,500)	-
	7,500	(7,500)	-

2019	At 1 April 2018 £	Advances to directors £	Repayments by director £	At 31 March 2019 £
Mr K Vanberg
Loan paid to director	10,007	8,500	(11,007)	7,500
	10,007	8,500	(11,007)	7,500

Page 4

Spoke Innovation Ltd

(Registration number: 08013813)
Balance Sheet as at 31 March 2020

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 18 December 2020 and signed on its behalf by:
 

.........................................

Mr K Vanberg

Director

Page 5