SHEBA CONCEPTS LIMITED

Company Registration Number:
02785768 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

SHEBA CONCEPTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

SHEBA CONCEPTS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 606,105 605,843
Total fixed assets: 606,105 605,843
Current assets
Debtors:   451 381
Cash at bank and in hand: 6,957 5,830
Total current assets: 7,408 6,211
Creditors: amounts falling due within one year:   (7,711) (7,256)
Net current assets (liabilities): (303) (1,045)
Total assets less current liabilities: 605,802 604,798
Provision for liabilities: (3,060) (3,010)
Total net assets (liabilities): 602,742 601,788
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:4448,994448,994
Profit and loss account: 153,648 152,694
Shareholders funds: 602,742 601,788

The notes form part of these financial statements

SHEBA CONCEPTS LIMITED

Balance sheet statements

For the year ending 31 July 2023 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 September 2023
and signed on behalf of the board by:

Name: Mrs S Burgoyne
Status: Director

The notes form part of these financial statements

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 620,541
Additions 539
At 31 July 2023 621,080
Depreciation
At 01 August 2022 14,698
Charge for year 277
At 31 July 2023 14,975
Net book value
At 31 July 2023 606,105
At 31 July 2022 605,843

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Revaluation reserve

2023
£
Balance at 01 August 2022 448,994
Surplus or deficit after revaluation 0
Balance at 31 July 2023 448,994

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Related party transactions

Name of the related party: Mrs S Burgoyne
Relationship:
Director and shareholder
Description of the Transaction: Amount due to Mrs S Burgoyne
£
Balance at 01 August 2022 486
Balance at 31 July 2023 749

Dividends were paid during the year to Mrs Burgoyne of £17,000 (2022 - £16,500).