Spaarks Limited - Limited company - abbreviated - 11.6

Spaarks Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 05882176 (England and Wales)















ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

SPAARKS LIMITED

SPAARKS LIMITED (REGISTERED NUMBER: 05882176)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

SPAARKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: Mr Y Varma
Mrs C M Steele





SECRETARY: SD Company Secretaries Limited





REGISTERED OFFICE: 4 Prince Albert Road
London
NW1 7SN





REGISTERED NUMBER: 05882176 (England and Wales)





ACCOUNTANTS: Scodie Deyong LLP
Chartered Accountants
4 Prince Albert Road
London
NW1 7SN

SPAARKS LIMITED (REGISTERED NUMBER: 05882176)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 11,237 13,943

CURRENT ASSETS
Debtors 53,146 197,513
Cash at bank and in hand 495,710 395,122
548,856 592,635
CREDITORS
Amounts falling due within one year 164,033 227,524
NET CURRENT ASSETS 384,823 365,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

396,060

379,054

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 395,960 378,954
SHAREHOLDERS' FUNDS 396,060 379,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 22 September 2015 and were signed on its behalf
by:



Mrs C M Steele - Director



Mr Y Varma - Director


SPAARKS LIMITED (REGISTERED NUMBER: 05882176)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 30,203
Additions 1,040
At 31 December 2014 31,243
DEPRECIATION
At 1 January 2014 16,260
Charge for year 3,746
At 31 December 2014 20,006
NET BOOK VALUE
At 31 December 2014 11,237
At 31 December 2013 13,943

SPAARKS LIMITED (REGISTERED NUMBER: 05882176)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014


3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
62 Ordinary A £1 62 65
28 Ordinary B £1 28 23
5 Ordinary C £1 5 12
5 Ordinary D £1 5 -
100 100