Micro-entity Accounts - SPINWELL GLOBAL LIMITED

Micro-entity Accounts - SPINWELL GLOBAL LIMITED


Registered Number 07527825

SPINWELL GLOBAL LIMITED

Micro-entity Accounts

31 July 2017

SPINWELL GLOBAL LIMITED Registered Number 07527825

Micro-entity Balance Sheet as at 31 July 2017

Notes 31/07/2017 31/05/2016
£ £
Fixed Assets - 2
Current Assets 56,627 25,298
Prepayments and accrued income 29,710 -
Creditors: amounts falling due within one year (71,518) (36,992)
Net current assets (liabilities) 14,819 (11,694)
Total assets less current liabilities 14,819 (11,692)
Accruals and deferred income (28,691) (515)
Total net assets (liabilities) (13,872) (12,207)
Capital and reserves (13,872) (12,207)
  • For the year ending 31 July 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 May 2018

And signed on their behalf by:
R Raikundalia, Director

SPINWELL GLOBAL LIMITED Registered Number 07527825

Notes to the Micro-entity Accounts for the period ended 31 July 2017

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
Related party transactions and Ultimate controlling party

The company is controlled by Spinwell Global PTE Limited (company number 200915659Z), a company incorporated in Singapore. Spinwell Global Limited owed Spinwell Global PTE Limited £70,074 (£36,992- 2016) at the year end.

Spinwell Global Risk & Securities Limited

Debtors amounting to £41,237 ( 2016 - £22,037 ) are due from Spinwell Global Risk and Securities Limited, a subsidiary of Spinwell Global PTE, the parent company.