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REGISTERED NUMBER: 04760167 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

R & T SHEPHERD LIMITED

R & T SHEPHERD LIMITED (REGISTERED NUMBER: 04760167)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28th February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R & T SHEPHERD LIMITED

COMPANY INFORMATION
for the Year Ended 28th February 2023







DIRECTOR: Mr Andrew Bleackley





SECRETARY: Helen L Maloney





REGISTERED OFFICE: 100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 04760167 (England and Wales)





ACCOUNTANTS: KJG
100 Barbirolli Square
Manchester
M2 3BD

R & T SHEPHERD LIMITED (REGISTERED NUMBER: 04760167)

BALANCE SHEET
28th February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,984 4,734

CURRENT ASSETS
Stocks 500 500
Debtors 5 42,064 28,037
Cash at bank and in hand 93,549 45,762
136,113 74,299
CREDITORS
Amounts falling due within one year 6 (107,327 ) (74,486 )
NET CURRENT ASSETS/(LIABILITIES) 28,786 (187 )
TOTAL ASSETS LESS CURRENT LIABILITIES 34,770 4,547

PROVISIONS FOR LIABILITIES (1,496 ) (899 )
NET ASSETS 33,274 3,648

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 33,174 3,548
SHAREHOLDERS' FUNDS 33,274 3,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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.

R & T SHEPHERD LIMITED (REGISTERED NUMBER: 04760167)

BALANCE SHEET - continued
28th February 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 Profit and loss account has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 21st November 2023 and were signed by:





Mr Andrew Bleackley - Director


R & T SHEPHERD LIMITED (REGISTERED NUMBER: 04760167)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28th February 2023


1. STATUTORY INFORMATION

R & T Shepherd Limited is a private company, limited by share capital, registered in England and Wales. The company's registered number is 04760167. The registered office is 1 City Road East, Manchester, M15 4PN and principal place of business is 429 Chorley Old Road, Bolton, BL1 6AH.

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 as the fair value of the consideration received or receivable, excluding value added tax. The following criteria must also be met before turnover is recognised:

- the amount of turnover can be measured reliably;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Depreciation is provided on the following basis:

Plant and machinery - 15% Reducing Balance
Fixtures & Fittings - 15% Reducing Balance
Motor vehicles - 25% Reducing Balance

At each balance sheet date, the company reviews the carrying amounts of its fixed assets to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.


R & T SHEPHERD LIMITED (REGISTERED NUMBER: 04760167)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28th February 2023


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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 year 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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

R & T SHEPHERD LIMITED (REGISTERED NUMBER: 04760167)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28th February 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st March 2022 831 2,337 18,352 21,520
Additions - - 2,500 2,500
At 28th February 2023 831 2,337 20,852 24,020
DEPRECIATION
At 1st March 2022 685 2,104 13,997 16,786
Charge for year 22 35 1,193 1,250
At 28th February 2023 707 2,139 15,190 18,036
NET BOOK VALUE
At 28th February 2023 124 198 5,662 5,984
At 28th February 2022 146 233 4,355 4,734

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 40,467 26,990
Other debtors 1,597 1,047
42,064 28,037

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 11,929 12,122
Taxation and social security 22,873 8,468
Other creditors 72,525 53,896
107,327 74,486

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
80 Ordinary A £1.00 80 80
20 Ordinary B £1.00 20 20
100 100