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REGISTERED NUMBER: 13073112 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Sheran Ltd

Sheran Ltd (Registered number: 13073112)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sheran Ltd

Company Information
for the Year Ended 31 December 2022







DIRECTOR: A A Adam





SECRETARY:





REGISTERED OFFICE: 5 Park Avenue
Washington
Tyne and Wear
NE37 2QX





REGISTERED NUMBER: 13073112 (England and Wales)





ACCOUNTANTS: Renwick Accountancy Services Ltd
357 Old Durham Road
Gateshead
Tyne and Wear
NE9 5LA

Sheran Ltd (Registered number: 13073112)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,000 6,000

CURRENT ASSETS
Stocks 4,361 4,025
Cash at bank and in hand 4,897 2,531
9,258 6,556
CREDITORS
Amounts falling due within one year 5 25,365 15,730
NET CURRENT LIABILITIES (16,107 ) (9,174 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,107

)

(3,174

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (10,207 ) (3,274 )
SHAREHOLDERS' FUNDS (10,107 ) (3,174 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2023 and were signed by:



A A Adam - Director


Sheran Ltd (Registered number: 13073112)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Sheran Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2022
and 31 December 2022 6,000
NET BOOK VALUE
At 31 December 2022 6,000
At 31 December 2021 6,000

Sheran Ltd (Registered number: 13073112)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors 4,554 -
Taxation and social security (29 ) (50 )
Other creditors 20,840 15,780
25,365 15,730