Handlespark Limited - Accounts to registrar (filleted) - small 18.1

Handlespark Limited - Accounts to registrar (filleted) - small 18.1

HANDLESPARK LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.1.2.30 03642105 director 1.10.16 30.9.17 30.9.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure036421052016-09-30036421052017-09-30036421052016-10-012017-09-30036421052015-09-30036421052015-10-012016-09-30036421052016-09-3003642105ns15:EnglandWales2016-10-012017-09-3003642105ns14:PoundSterling2016-10-012017-09-3003642105ns10:Director12016-10-012017-09-3003642105ns10:PrivateLimitedCompanyLtd2016-10-012017-09-3003642105ns10:SmallEntities2016-10-012017-09-3003642105ns10:AuditExempt-NoAccountantsReport2016-10-012017-09-3003642105ns10:SmallCompaniesRegimeForDirectorsReport2016-10-012017-09-3003642105ns10:SmallCompaniesRegimeForAccounts2016-10-012017-09-3003642105ns10:FullAccounts2016-10-012017-09-3003642105ns10:RegisteredOffice2016-10-012017-09-3003642105ns5:CurrentFinancialInstruments2017-09-3003642105ns5:CurrentFinancialInstruments2016-09-3003642105ns5:Non-currentFinancialInstruments2017-09-3003642105ns5:Non-currentFinancialInstruments2016-09-3003642105ns5:ShareCapital2017-09-3003642105ns5:ShareCapital2016-09-3003642105ns5:FurtherSpecificReserve2ComponentTotalEquity2017-09-3003642105ns5:FurtherSpecificReserve2ComponentTotalEquity2016-09-3003642105ns5:RetainedEarningsAccumulatedLosses2017-09-3003642105ns5:RetainedEarningsAccumulatedLosses2016-09-3003642105ns5:LandBuildings2016-09-3003642105ns5:LandBuildings2016-10-012017-09-3003642105ns5:LandBuildings2017-09-3003642105ns5:LandBuildings2016-09-3003642105ns5:CostValuation2016-09-3003642105ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-09-3003642105ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-09-30


REGISTERED NUMBER: 03642105 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

HANDLESPARK LIMITED
HANDLESPARK LIMITED (REGISTERED NUMBER: 03642105)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HANDLESPARK LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2017







DIRECTOR: J M Brunton





REGISTERED OFFICE: c/o Core Law
4-6 Dudley bRoad
Tunbridge Wells
Kent
TN1 1LF





REGISTERED NUMBER: 03642105 (England and Wales)





ACCOUNTANTS: WaightSharnock
8b Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU
Page 1
HANDLESPARK LIMITED (REGISTERED NUMBER: 03642105)

BALANCE SHEET
30 September 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 1,045,000 947,131
Investments 4 99,900 99,900
1,144,900 1,047,031

CURRENT ASSETS
Debtors 5 8,099 63,621
Cash at bank 3,390 547
11,489 64,168
CREDITORS
Amounts falling due within one year 6 27,575 39,379
NET CURRENT (LIABILITIES)/ASSETS (16,086 ) 24,789
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,128,814
1,071,820

CREDITORS
Amounts falling due after more than one
year
7
453,040
525,992
NET ASSETS 675,774 545,828

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Other reserves 97,869 -
Retained earnings 477,905 445,828
675,774 545,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
HANDLESPARK LIMITED (REGISTERED NUMBER: 03642105)

BALANCE SHEET - continued
30 September 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 22 June 2018 and were signed by:





J M Brunton - Director


The notes form part of these financial statements

Page 3
HANDLESPARK LIMITED (REGISTERED NUMBER: 03642105)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

Handlespark Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 October 2016 947,131
Revaluations 97,869
At 30 September 2017 1,045,000
NET BOOK VALUE
At 30 September 2017 1,045,000
At 30 September 2016 947,131

Page 4 continued...
HANDLESPARK LIMITED (REGISTERED NUMBER: 03642105)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2017

3. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 September 2017 is represented by:

Land and
buildings
£   
Valuation in 2016 947,131
Valuation in 2017 97,869
1,045,000

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2016
and 30 September 2017 99,900
NET BOOK VALUE
At 30 September 2017 99,900
At 30 September 2016 99,900

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Other debtors 8,099 63,621

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade creditors 1,992 1,814
Taxation and social security 23,920 35,902
Other creditors 1,663 1,663
27,575 39,379

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.17 30.9.16
£    £   
Bank loans 453,040 525,992

Page 5