Company Registration Number 13196549 (England and Wales)
SHARKNATION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
SHARKNATION LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SHARKNATION LIMITED FOR THE YEAR ENDED 28 FEBRUARY 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sharknation Limited for the year ended 28 February 2023, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Sharknation Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sharknation Limited and state those matters that we have agreed to state to the board of directors of Sharknation Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sharknation Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Sharknation Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sharknation Limited. You consider that Sharknation Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sharknation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carpenter Box
13 November 2023
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
SHARKNATION LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 2 -
2023
2022
£
£
£
£
Fixed assets
5,689
1,057
Current assets
398,657
211,626
Creditors: amounts falling due within one year
(84,990)
(84,726)
Net current assets
313,667
126,900
Total assets less current liabilities
319,356
127,957
Net assets
319,356
127,957
Capital and reserves
319,356
127,957
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

As at 28 February 2023, the director owed the company £67,680 (2022 - nil).

2
Employees

The average number of persons (including directors) employed by the company during the year was 1 (2022 - 1).

Sharknation Limited is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1RL.

For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his 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 in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 13 November 2023
Mr S Mohamud
Director
Company Registration Number 13196549
2023-02-282022-03-01falseCCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr S Mohamudfalse131965492022-03-012023-02-28131965492023-02-28131965492022-02-2813196549core:CurrentFinancialInstrumentscore:WithinOneYear2023-02-2813196549core:CurrentFinancialInstrumentscore:WithinOneYear2022-02-2813196549bus:Director12023-02-2813196549bus:Director12022-03-012023-02-2813196549bus:PrivateLimitedCompanyLtd2022-03-012023-02-2813196549bus:SmallCompaniesRegimeForAccounts2022-03-012023-02-2813196549bus:Micro-entities2022-03-012023-02-2813196549bus:AuditExemptWithAccountantsReport2022-03-012023-02-2813196549bus:FullAccounts2022-03-012023-02-28xbrli:purexbrli:sharesiso4217:GBP