3Spheres UK Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 06843248 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

3Spheres UK Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

I Stock

Mrs V F Stock-Williams

SECRETARY:

Mrs V F Stock-Williams

REGISTERED OFFICE:

Lane End House

Northend Lane

Sampford Arundel

Wellington

Somerset

TA21 9QZ

REGISTERED NUMBER:

06843248 (England and Wales)

ACCOUNTANTS:

A Plus Accountancy & Business Solutions Limited

The Counting House

Tonedale Business Park

Wellington

Somerset

TA21 0AW

FIXED ASSETS

Tangible assets

4

794

1,058

CURRENT ASSETS

Debtors

5

169

213

Cash at bank

41,242

34,057

41,411

34,270

CREDITORS

Amounts falling due within one year

6

37,580

35,237

NET CURRENT ASSETS/(LIABILITIES)

3,831

(967

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,625

91

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

4,623

89

SHAREHOLDERS' FUNDS

4,625

91

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 12 July 2023 and were signed on its behalf by:

I Stock - Director

Mrs V F Stock-Williams - Director

1.	STATUTORY INFORMATION

3Spheres UK 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Office equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2022

and 31 March 2023

2,271

DEPRECIATION

At 1 April 2022

1,213

Charge for year

264

At 31 March 2023

1,477

NET BOOK VALUE

At 31 March 2023

794

At 31 March 2022

1,058

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Other debtors

169

213

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Taxation and social security

2,064

124

Other creditors

35,516

35,113

37,580

35,237

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23

31.3.22

£

£

I Stock

Balance outstanding at start of year

(16,964

)

(16,374

)

Amounts advanced

1,821

1,000

Amounts repaid

(300

)

(1,590

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(15,443

)

(16,964

)

Mrs V F Stock-Williams

Balance outstanding at start of year

(16,964

)

(16,374

)

Amounts advanced

1,821

1,000

Amounts repaid

(300

)

(1,590

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(15,443

)

(16,964

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

A Plus Accountancy & Business Solutions Limited

The Counting House

Tonedale Business Park

Wellington

Somerset

TA21 0AW

Date: .............................................