Spritelab Ltd - Filleted accounts

Spritelab Ltd
Registered number:		05217747
Balance Sheet
as at 31 August 2018

Notes			2018			2017
£				£
Current assets
Debtors	2	7,140			-
Cash at bank and in hand		23,457			10,829
		30,597			10,829

Creditors: amounts falling due within one year	3	(14,262)			(4,991)

Net current assets			16,335			5,838

Net assets			16,335			5,838

Capital and reserves
Called up share capital			1			1
Profit and loss account			16,334			5,837

Shareholder's funds			16,335			5,838

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




N Sidhu
Director
Approved by the board on 11 February 2019

Spritelab Ltd
Notes to the Accounts
for the year ended 31 August 2018


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.


2	Debtors	2018		2017
£			£

	Trade debtors	7,140		-


3	Creditors: amounts falling due within one year	2018		2017
£			£

	Bank loans and overdrafts	10		5
	Trade creditors	158		158
	Corporation tax	8,134		1,632
	Other taxes and social security costs	5,047		2,308
	Other creditors	913		888
		14,262		4,991


4	Other information

	Spritelab Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	87 Garrick Close
	London
	SW18 1JH

Spritelab Ltd 05217747 false 2017-09-01 2018-08-31 2018-08-31 VT Final Accounts March 2017 N Sidhu No description of principal activity 05217747 core:WithinOneYear 2017-08-31 05217747 core:ShareCapital 2017-08-31 05217747 core:RetainedEarningsAccumulatedLosses 2017-08-31 05217747 2017-09-01 2018-08-31 05217747 bus:PrivateLimitedCompanyLtd 2017-09-01 2018-08-31 05217747 bus:AuditExemptWithAccountantsReport 2017-09-01 2018-08-31 05217747 bus:Director40 2017-09-01 2018-08-31 05217747 countries:England 2017-09-01 2018-08-31 05217747 bus:FRS102 2017-09-01 2018-08-31 05217747 bus:FullAccounts 2017-09-01 2018-08-31 05217747 2018-08-31 05217747 core:WithinOneYear 2018-08-31 05217747 core:ShareCapital 2018-08-31 05217747 core:RetainedEarningsAccumulatedLosses 2018-08-31 05217747 2017-08-31 iso4217:GBP