Company registration number 08889045 (England and Wales)
SYKES ANDERSON PERRY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
SYKES ANDERSON PERRY LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
SYKES ANDERSON PERRY LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
-
0
5,864
Cash at bank and in hand
-
0
2,170
-
0
8,034
Creditors: amounts falling due within one year
4
(105,341)
(110,487)
Net current liabilities
(105,341)
(102,453)
Capital and reserves
Called up share capital
5
10,000
10,000
Profit and loss reserves
(115,341)
(112,453)
Total equity
(105,341)
(102,453)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 2 November 2023 and are signed on its behalf by:
C Sykes
D Anderson
Director
Director
Company Registration No. 08889045
SYKES ANDERSON PERRY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information

Sykes Anderson Perry Limited is a private company limited by shares incorporated in England and Wales. The registered office is 30 City Road, London, EC1Y 2AB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.3
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

SYKES ANDERSON PERRY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The company has 2 directors. There were no employees in the year (2022 - 4 directors & no employees).

3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
-
0
5,864
4
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
105,341
110,487

Included within other creditors is an amount of £104,141 owed to the directors (2022: £109,637).

5
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
5,400
5,400
5,400
5,400
Ordinary B shares of £2 each
900
900
1,800
1,800
Ordinary C shares of £5 each
560
560
2,800
2,800
6,860
6,860
10,000
10,000

There are three classes of ordinary shares. Each class has full dividends rights and to proceeds on winding up. The A shares confer one vote, the B shares two votes and the C shares five votes per share.

2023-03-312022-04-01true02 November 2023CCH SoftwareCCH Accounts Production 2023.200No description of principal activityC SykesD AndersonG V ThrippletonN Gallop Mildon088890452022-04-012023-03-31088890452023-03-31088890452022-03-3108889045core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3108889045core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3108889045core:ShareCapital2023-03-3108889045core:ShareCapital2022-03-3108889045core:RetainedEarningsAccumulatedLosses2023-03-3108889045core:RetainedEarningsAccumulatedLosses2022-03-3108889045core:ShareCapitalOrdinaryShares2023-03-3108889045core:ShareCapitalOrdinaryShares2022-03-3108889045bus:Director12022-04-012023-03-3108889045bus:Director22022-04-012023-03-3108889045core:WithinOneYear2023-03-3108889045core:WithinOneYear2022-03-3108889045core:CurrentFinancialInstruments2023-03-3108889045core:CurrentFinancialInstruments2022-03-3108889045bus:EntityNoLongerTradingButTradedInPast2022-04-012023-03-3108889045bus:PrivateLimitedCompanyLtd2022-04-012023-03-3108889045bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3108889045bus:FRS1022022-04-012023-03-3108889045bus:AuditExemptWithAccountantsReport2022-04-012023-03-3108889045bus:Director32022-04-012023-03-3108889045bus:Director42022-04-012023-03-3108889045bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP