Spritz Creative Ltd

Spritz Creative Ltd

SPRITZ CREATIVE LTD - Company Information

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Acorah Software Products - Accounts Production 6.1.031 false No description of principal activity 1 April 2016 31 March 2017 31 March 2017 04810779 iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04810779 2016-03-31 04810779 2017-03-31 04810779 2016-04-01 2017-03-31 04810779 frs-core:CurrentFinancialInstruments 2017-03-31 04810779 frs-core:CurrentFinancialInstruments 2016-04-01 2017-03-31 04810779 frs-core:Non-currentFinancialInstruments 2017-03-31 04810779 frs-core:Non-currentFinancialInstruments 2016-04-01 2017-03-31 04810779 frs-core:CurrentFinancialInstruments 2016-04-01 2017-03-31 04810779 frs-core:CurrentFinancialInstruments 2017-03-31 04810779 frs-core:AfterOneYear 2016-04-01 2017-03-31 04810779 frs-core:BetweenOneFiveYears 2016-04-01 2017-03-31 04810779 frs-core:BetweenOneFiveYears 2017-03-31 04810779 frs-core:ComputerEquipment 2017-03-31 04810779 frs-core:ComputerEquipment 2016-04-01 2017-03-31 04810779 frs-core:ComputerEquipment 2016-03-31 04810779 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Registered number: 04810779
Spritz Creative Ltd
Financial Statements
For The Year Ended 31 March 2017
Accountax Consultants UK Ltd

Chartered Certified Accountants & Registered Auditors

The Basement
Goodmayes House
45-49 Goodmayes Road
Essex
IG3 9UF
Spritz Creative Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2017
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Spritz Creative Ltd
Balance Sheet
As at 31 March 2017
Balance Sheet
Registered number: 04810779
2017 2016
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 4,939 7,196
4,939 7,196
CURRENT ASSETS
Debtors 6 15,406 20,153
Cash at bank and in hand 3,850 2,731
19,256 22,884
Creditors: Amounts Falling Due Within One Year 7 (42,174 ) (48,154 )
NET CURRENT ASSETS (LIABILITIES) (22,918 ) (25,270 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,979 ) (18,074 )
NET ASSETS (17,979 ) (18,074 )
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and loss account (18,179 ) (18,274 )
SHAREHOLDERS' FUNDS (17,979) (18,074)
Page 1
Spritz Creative Ltd
Balance Sheet (continued)
As at 31 March 2017
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • 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.
  • The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
Mr Muhammad Saiful Alam
21/12/2017

The notes on pages 4 to 5 form part of these financial statements.
Page 2
Spritz Creative Ltd
Statement of Changes in Equity
For The Year Ended 31 March 2017
Statement of Changes in Equity
Share Capital Profit & Loss Account Total
£ £ £
As at 1 April 2015 200 (52,614 ) (52,414)
Profit for the year and total comprehensive income - 34,340 34,340
As at 31 March 2016 and 1 April 2016 200 (18,274 ) (18,074)
Profit for the year and total comprehensive income - 95 95
As at 31 March 2017 200 (18,179 ) (17,979)
Page 3
Spritz Creative Ltd
Notes to the Unaudited Accounts
For The Year Ended 31 March 2017
Notes to the Unaudited Accounts
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 Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 33% on cost
1.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2016 3,019 11,575 19,482 34,076
Additions - - 345 345
Disposals - - (9,798 ) (9,798 )
As at 31 March 2017 3,019 11,575 10,029 24,623
Depreciation
As at 1 April 2016 2,471 9,052 15,357 26,880
Provided during the period 137 631 1,834 2,602
Disposals - - (9,798 ) (9,798 )
As at 31 March 2017 2,608 9,683 7,393 19,684
Net Book Value
As at 31 March 2017 411 1,892 2,636 4,939
As at 1 April 2016 548 2,523 4,125 7,196
Page 4
Spritz Creative Ltd
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 March 2017
6. Debtors
2017 2016
£ £
Due within one year
Trade debtors 14,118 17,315
Other debtors - 2,004
Other taxes and social security 1,288 834
15,406 20,153
7. Creditors: Amounts Falling Due Within One Year
2017 2016
£ £
Trade creditors 3,878 -
VAT 12,556 16,754
Net wages 4,100 1,820
Other creditors - 4,000
Director's loan account 21,640 25,580
42,174 48,154
8. Share Capital
Value Number 2017 2016
Allotted, called up and fully paid £ £ £
Ordinary shares 1.000 200 200 200
9. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
10. General Information
Spritz Creative Ltd Registered number 04810779 is a limited by shares company incorporated in England & Wales. The Registered Office is 50A Micro Business Park, 46-50 Greatorex Street, London, E1 5NP.
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