New Sparta Holdings Limited
New Sparta Holdings Limited
Registered number: 08696420
Unaudited Financial Statements
For The Year Ended
31 December 2021
HJO Tax Consultancy
New Sparta Holdings Limited
Unaudited Financial Statements
For The Year Ended
31 December 2021
Unaudited Financial Statements
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| Page | |
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| Accountant's Report | 1 |
| Statement of Financial Position | 2—3 |
| Notes to the Financial Statements | 4—5 |
New Sparta Holdings Limited
Accountant's Report
For The Year Ended
31 December 2021
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of
New Sparta Holdings Limited
For The Year Ended 31 December 2021
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of
New Sparta Holdings Limited
which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member 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 to the director of
New Sparta Holdings Limited
, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of
New Sparta Holdings Limited
and state those matters that we have agreed to state to the director of
New Sparta Holdings Limited
, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
New Sparta Holdings Limited
and its director as a body for our work or for this report.
It is your duty to ensure that
New Sparta Holdings Limited
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 or loss of
New Sparta Holdings Limited
. You consider that
New Sparta Holdings Limited
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
New Sparta Holdings Limited
. 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 financial statements.
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Chartered Certified Accountant
100 Wulfstan Way
Cambridge
CB1 8QJ
New Sparta Holdings Limited
Statement of Financial Position
As at
31 December 2021
Statement of Financial Position
Registered number:
08696420
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
| 2021 | 2020 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 6 |
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| NET LIABILITIES |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Share premium account |
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| Income Statement |
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| SHAREHOLDERS' FUNDS | (22,016,993) | (21,997,528) | |||
New Sparta Holdings Limited
Statement of Financial Position (continued)
As at
31 December 2021
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
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Director
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The notes on pages 4 to 5 form part of these financial statements.
New Sparta Holdings Limited
Notes to the Financial Statements
For The Year Ended
31 December 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover represents the income received from group companies by way of interest and dividend.
1.3.
Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2020: 1)
3.
Investments
| Unlisted | Other | Total | |||
|---|---|---|---|---|---|
| £ | £ | £ | |||
| Cost | |||||
| As at
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70,100 | 9,114,811 | 9,184,911 | ||
| Additions | (153,765) | (153,765) | |||
| As at
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70,100 | 8,961,046 | 9,031,146 | ||
| Provision | |||||
| As at
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- | - | - | ||
| As at
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- | - | - | ||
| Net Book Value | |||||
| As at
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70,100 | 8,961,046 | 9,031,146 | ||
| As at
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70,100 | 9,114,811 | 9,184,911 | ||
4.
Debtors
| 2021 | 2020 | ||
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| £ | £ | ||
| Due within one year | |||
| VAT debtor |
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| Other loans by the company |
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| Due after more than one year | |||
| Prepayments and accrued income |
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New Sparta Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2021
5.
Creditors: Amounts Falling Due Within One Year
| 2021 | 2020 | ||
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| £ | £ | ||
| Other creditors |
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6.
Creditors: Amounts Falling Due After More Than One Year
| 2021 | 2020 | ||
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| £ | £ | ||
| Directors loan account |
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8.
General Information
New Sparta Holdings Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
08696420
. The registered office is Willowdene, Barneshall Avenue, Worcester, WR5 3EU.