Spyro Tech Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10461887 (England and Wales)

Spyro Tech Ltd

Unaudited Financial Statements

for the Year Ended 30 November 2019

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

C Jennings

Registered office:

12-14 Shaws Road

Altrincham

Cheshire

WA14 1QU

Registered number:

10461887 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

1,462

-

Current assets

Stocks

-

100

Debtors

5

234

1,000

Cash at bank

544

74

778

1,174

Creditors

Amounts falling due within one year

6

10,014

5,285

Net current liabilities

(9,236

)

(4,111

)

Total assets less current liabilities

(7,774

)

(4,111

)

Capital and reserves

Called up share capital

100

100

Retained earnings

(7,874

)

(4,211

)

Shareholders' funds

(7,774

)

(4,111

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 4 February 2021 and were signed by:

C Jennings - Director

1.	Statutory information

Spyro Tech Ltd 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

The financial statements have been prepared on a going concern basis on the grounds that the director will continue to provide sufficient finance to enable the company to continue trading for the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding VAT.

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.

3.	Employees and directors

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

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

Additions

1,948

At 30 November 2019

1,948

Depreciation

Charge for year

486

At 30 November 2019

486

Net book value

At 30 November 2019

1,462

5.

Debtors: amounts falling due within one year

30.11.19

30.11.18

£

£

Other debtors

234

1,000

6.

Creditors: amounts falling due within one year

30.11.19

30.11.18

£

£

Taxation and social security

827

-

Other creditors

9,187

5,285

10,014

5,285