Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr R J Rowe 06/03/1993 Mr C R Rowe 06/03/1993 Mr M Rowe 06/03/1993 07 November 2023 The principal activity of the company is property development. 00689002 2023-03-31 00689002 bus:Director1 2023-03-31 00689002 bus:Director2 2023-03-31 00689002 bus:Director3 2023-03-31 00689002 2022-03-31 00689002 core:CurrentFinancialInstruments 2023-03-31 00689002 core:CurrentFinancialInstruments 2022-03-31 00689002 core:ShareCapital 2023-03-31 00689002 core:ShareCapital 2022-03-31 00689002 core:RetainedEarningsAccumulatedLosses 2023-03-31 00689002 core:RetainedEarningsAccumulatedLosses 2022-03-31 00689002 bus:OrdinaryShareClass1 2023-03-31 00689002 2022-04-01 2023-03-31 00689002 bus:FullAccounts 2022-04-01 2023-03-31 00689002 bus:SmallEntities 2022-04-01 2023-03-31 00689002 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 00689002 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 00689002 bus:Director1 2022-04-01 2023-03-31 00689002 bus:Director2 2022-04-01 2023-03-31 00689002 bus:Director3 2022-04-01 2023-03-31 00689002 2021-04-01 2022-03-31 00689002 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 00689002 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 00689002 (England and Wales)

SHEPHERDS WHARF (PLYMOUTH) LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

SHEPHERDS WHARF (PLYMOUTH) LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

SHEPHERDS WHARF (PLYMOUTH) LIMITED

BALANCE SHEET

As at 31 March 2023
SHEPHERDS WHARF (PLYMOUTH) LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
2023 2022
£ £
Current assets
Stocks 1,379,727 1,379,727
Debtors 3 704 0
Cash at bank and in hand 7,380 9,599
1,387,811 1,389,326
Creditors: amounts falling due within one year 4 ( 94,751) ( 92,641)
Net current assets 1,293,060 1,296,685
Total assets less current liabilities 1,293,060 1,296,685
Net assets 1,293,060 1,296,685
Capital and reserves
Called-up share capital 5 100 100
Profit and loss account 1,292,960 1,296,585
Total shareholders' funds 1,293,060 1,296,685

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Shepherds Wharf (Plymouth) Limited (registered number: 00689002) were approved and authorised for issue by the Board of Directors on 07 November 2023. They were signed on its behalf by:

Mr C R Rowe
Director
SHEPHERDS WHARF (PLYMOUTH) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
SHEPHERDS WHARF (PLYMOUTH) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Shepherds Wharf (Plymouth) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is c/o Francis Clark LLP, Melville Building East, Unit 18, 23 Royal William Yard,, Plymouth, Devon, PL1 3GW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Stocks

Work in progress is valued at the lower of cost and net realisable value. Net realisable value is based on selling price less costs to completion and selling costs. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Debtors

2023 2022
£ £
Other debtors 704 0

4. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 4,222 2,112
Amounts owed to Group undertakings 90,529 90,529
94,751 92,641

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

6. Related party transactions

Other related party transactions

2023 2022
£ £
Balance due to entities under common control 90,529 90,529

During the year the company received advances of £nil (2021 - £37,028) from entities under common control. No repayments were made in the year. This balance is interest free and repayable on demand.

7. Ultimate controlling party

Parent Company:

Shepherds Wharf (Holdings) Limited