Radio Spunk Ltd - Filleted accounts

Registered number

13173839

Radio Spunk Ltd

Filleted Accounts

28 February 2022

Radio Spunk Ltd
Registered number:		13173839
Balance Sheet
as at 28 February 2022

Notes			2022
£
Current assets
Cash at bank and in hand		1,662

Creditors: amounts falling due within one year	3	(2,815)

Net current liabilities			(1,153)

Net liabilities			(1,153)

Capital and reserves
Called up share capital			1
Profit and loss account			(1,154)

Shareholder's funds			(1,153)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R Ellis
Director
Approved by the board on 13 September 2022

Radio Spunk Ltd
Notes to the Accounts
for the period from 2 February 2021 to 28 February 2022


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	None provided
	Fixtures, fittings, tools and equipment	None provided

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2022
Number

	Average number of persons employed by the company		0


3	Creditors: amounts falling due within one year		2022
£

	Trade creditors		600
	Taxation and social security costs		1,587
	Other creditors		628
			2,815


4	Controlling party

	The controlling party is Mr R Ellis (director) by virtue of his 100% control of the issued share capital.


5	Other information

	Radio Spunk Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	293 Whelley
	Wigan
	England
	WN2 1DA

Radio Spunk Ltd 13173839 false 2021-02-02 2022-02-28 2022-02-28 VT Final Accounts April 2022 R Ellis No description of principal activity 13173839 2021-02-02 2022-02-28 13173839 bus:PrivateLimitedCompanyLtd 2021-02-02 2022-02-28 13173839 bus:AuditExemptWithAccountantsReport 2021-02-02 2022-02-28 13173839 bus:Director40 2021-02-02 2022-02-28 13173839 1 2021-02-02 2022-02-28 13173839 2 2021-02-02 2022-02-28 13173839 countries:England 2021-02-02 2022-02-28 13173839 bus:FRS102 2021-02-02 2022-02-28 13173839 bus:FullAccounts 2021-02-02 2022-02-28 13173839 2022-02-28 13173839 core:WithinOneYear 2022-02-28 13173839 core:ShareCapital 2022-02-28 13173839 core:RetainedEarningsAccumulatedLosses 2022-02-28 13173839 2021-02-01 iso4217:GBP xbrli:pure