IRIS Accounts Production v23.2.0.158 00457427 director 30.3.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh004574272022-03-29004574272023-03-31004574272022-03-302023-03-31004574272021-03-29004574272021-03-302022-03-29004574272022-03-2900457427ns10:Originalns15:EnglandWales2022-03-302023-03-3100457427ns14:PoundSterlingns10:Original2022-03-302023-03-3100457427ns10:Originalns10:Director12022-03-302023-03-3100457427ns10:Original2022-03-302023-03-3100457427ns10:Original2023-03-3100457427ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-302023-03-3100457427ns10:Originalns10:SmallEntities2022-03-302023-03-3100457427ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-302023-03-3100457427ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-302023-03-3100457427ns10:Originalns10:FullAccounts2022-03-302023-03-3100457427ns10:Originalns10:OrdinaryShareClass12022-03-302023-03-3100457427ns10:CompanySecretary1ns10:Original2022-03-302023-03-3100457427ns10:Originalns10:RegisteredOffice2022-03-302023-03-3100457427ns10:Original2022-03-2900457427ns10:Originalns5:CurrentFinancialInstruments2023-03-3100457427ns10:Originalns5:CurrentFinancialInstruments2022-03-2900457427ns10:Originalns5:Non-currentFinancialInstruments2023-03-3100457427ns10:Originalns5:Non-currentFinancialInstruments2022-03-2900457427ns5:ShareCapitalns10:Original2023-03-3100457427ns5:ShareCapitalns10:Original2022-03-2900457427ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3100457427ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-2900457427ns10:Original2021-03-302022-03-2900457427ns10:Originalns5:LandBuildings2022-03-2900457427ns10:Originalns5:PlantMachinery2022-03-2900457427ns10:Original2022-03-2900457427ns10:Originalns5:LandBuildings2022-03-302023-03-3100457427ns10:Originalns5:PlantMachinery2022-03-302023-03-3100457427ns10:Originalns5:LandBuildings2023-03-3100457427ns10:Originalns5:PlantMachinery2023-03-3100457427ns10:Originalns5:LandBuildings2022-03-2900457427ns10:Originalns5:PlantMachinery2022-03-2900457427ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3100457427ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-2900457427ns10:Originalns10:OrdinaryShareClass12023-03-3100457427ns10:Original1ns10:Director12022-03-2900457427ns10:Original1ns10:Director12021-03-2900457427ns10:Original1ns10:Director12022-03-302023-03-3100457427ns10:Original1ns10:Director12021-03-302022-03-2900457427ns10:Original1ns10:Director12023-03-3100457427ns10:Original1ns10:Director12022-03-29
REGISTERED NUMBER: 00457427 (England and Wales)















Unaudited Financial Statements

for the Period 30 March 2022 to 31 March 2023

for

F W Sherratt Limited

F W Sherratt Limited (Registered number: 00457427)






Contents of the Financial Statements
for the Period 30 March 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


F W Sherratt Limited

Company Information
for the Period 30 March 2022 to 31 March 2023







DIRECTOR: M Sherratt





SECRETARY:





REGISTERED OFFICE: Newhey House
62 Stockport Road
Cheadle
Cheshire
SK8 2AF





REGISTERED NUMBER: 00457427 (England and Wales)





ACCOUNTANTS: Uppal & Warr
Chartered Accountants
452 Manchester Road
Heaton Chapel
Stockport
SK4 5DL

F W Sherratt Limited (Registered number: 00457427)

Balance Sheet
31 March 2023

31.3.23 29.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 353,444 342,076

CURRENT ASSETS
Stocks 5,500 5,500
Debtors 5 105,441 183,016
Cash at bank and in hand 630,830 341,565
741,771 530,081
CREDITORS
Amounts falling due within one year 6 155,767 112,813
NET CURRENT ASSETS 586,004 417,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

939,448

759,344

CREDITORS
Amounts falling due after more than one
year

7

17,006

20,467
NET ASSETS 922,442 738,877

CAPITAL AND RESERVES
Called up share capital 8 6,000 6,000
Retained earnings 916,442 732,877
SHAREHOLDERS' FUNDS 922,442 738,877

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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.

F W Sherratt Limited (Registered number: 00457427)

Balance Sheet - continued
31 March 2023


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 12 October 2023 and were signed by:





M Sherratt - Director


F W Sherratt Limited (Registered number: 00457427)

Notes to the Financial Statements
for the Period 30 March 2022 to 31 March 2023

1. STATUTORY INFORMATION

F W Sherratt 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.

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

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2022 - 6 ) .

F W Sherratt Limited (Registered number: 00457427)

Notes to the Financial Statements - continued
for the Period 30 March 2022 to 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 30 March 2022 259,330 290,399 549,729
Additions - 36,167 36,167
At 31 March 2023 259,330 326,566 585,896
DEPRECIATION
At 30 March 2022 4,472 203,181 207,653
Charge for period 2 24,797 24,799
At 31 March 2023 4,474 227,978 232,452
NET BOOK VALUE
At 31 March 2023 254,856 98,588 353,444
At 29 March 2022 254,858 87,218 342,076

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 29.3.22
£    £   
Trade debtors 1,012 101,367
Other debtors 104,429 81,649
105,441 183,016

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 29.3.22
£    £   
Trade creditors 57,845 43,261
Taxation and social security 95,422 65,539
Other creditors 2,500 4,013
155,767 112,813

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 29.3.22
£    £   
Taxation and social security 9,828 17,869
Other creditors 7,178 2,598
17,006 20,467

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 29.3.22
value: £    £   
6,000 Ordinary 1 6,000 6,000

F W Sherratt Limited (Registered number: 00457427)

Notes to the Financial Statements - continued
for the Period 30 March 2022 to 31 March 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2023 and the year ended 29 March 2022:

31.3.23 29.3.22
£    £   
M Sherratt
Balance outstanding at start of period 82,500 -
Amounts advanced 104,500 182,500
Amounts repaid (82,720 ) (100,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 104,280 82,500