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REGISTERED NUMBER: 07592504 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Sharper Practice Ltd

Sharper Practice Ltd (Registered number: 07592504)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sharper Practice Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: D Stocker





REGISTERED OFFICE: Jubilee House
3 The Drive
Great Warley
Brentwood
Essex
CM13 3FR





REGISTERED NUMBER: 07592504 (England and Wales)





ACCOUNTANTS: Neville & Stocker
1 Bromley Lane
Chislehurst
Kent
BR7 6LH

Sharper Practice Ltd (Registered number: 07592504)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,400 21,222

CURRENT ASSETS
Debtors 5 20,269 18,160
Cash at bank 26,735 18,373
47,004 36,533
CREDITORS
Amounts falling due within one year 6 33,597 22,333
NET CURRENT ASSETS 13,407 14,200
TOTAL ASSETS LESS CURRENT LIABILITIES 33,807 35,422

CREDITORS
Amounts falling due after more than one year 7 13,230 18,469
NET ASSETS 20,577 16,953

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 19,577 15,953
20,577 16,953

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 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 1 November 2023 and were signed by:





D Stocker - Director


Sharper Practice Ltd (Registered number: 07592504)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Sharper Practice 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 17,895 4,509 22,404
Additions - 33 33
At 31 March 2023 17,895 4,542 22,437
DEPRECIATION
At 1 April 2022 - 1,182 1,182
Charge for year - 855 855
At 31 March 2023 - 2,037 2,037
NET BOOK VALUE
At 31 March 2023 17,895 2,505 20,400
At 31 March 2022 17,895 3,327 21,222

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,182 15,297
Other debtors 2,087 2,863
20,269 18,160

Sharper Practice Ltd (Registered number: 07592504)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,270 4,270
Trade creditors (1 ) (1 )
Taxation and social security 26,328 15,064
Other creditors 3,000 3,000
33,597 22,333

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 13,230 18,469