1 March 2022 false No description of principal activity Taxfiler 2023.10 08886850business:PrivateLimitedCompanyLtd2022-03-012023-02-28 088868502022-02-28 088868502022-03-012023-02-28 08886850business:AuditExemptWithAccountantsReport2022-03-012023-02-28 08886850business:FilletedAccounts2022-03-012023-02-28 088868502023-02-28 08886850business:Director12022-03-012023-02-28 08886850business:Director32022-03-012023-02-28 08886850business:RegisteredOffice2022-03-012023-02-28 088868502022-02-28 08886850core:WithinOneYear2023-02-28 08886850core:WithinOneYear2022-02-28 08886850core:AfterOneYear2023-02-28 08886850core:AfterOneYear2022-02-28 08886850core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08886850core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 08886850core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08886850core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 08886850core:PreviouslyStatedAmount2023-02-28 08886850core:PreviouslyStatedAmount2022-02-28 08886850business:SmallEntities2022-03-012023-02-28 08886850countries:EnglandWales2022-03-012023-02-28 08886850core:MotorVehicles2022-03-012023-02-28 08886850core:FurnitureFittings2022-03-012023-02-28 08886850core:Goodwill2022-02-28 08886850core:Goodwill2023-02-28 08886850core:MotorVehicles2022-02-28 08886850core:FurnitureFittings2022-02-28 08886850core:MotorVehicles2023-02-28 08886850core:FurnitureFittings2023-02-28 08886850core:AdditionsToInvestments2023-02-28 088868502021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 08886850 (England and Wales)
Sherpa Environmental Ltd Unaudited accounts for the year ended 28 February 2023
Sherpa Environmental Ltd Unaudited accounts Contents
Page
- 2 -
Sherpa Environmental Ltd Company Information for the year ended 28 February 2023
Directors
Barrie Jonathan Parr Anthony Stephen Shepherd
Company Number
08886850 (England and Wales)
Registered Office
Fountain Court 2 Victoria Square St. Albans Hertfordshire AL1 3TF
Accountants
Embee Oak Cardinal Point Park Road Rickmansworth Herts WD3 1RE
- 3 -
Sherpa Environmental Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
557 
- 
Investments
50,000 
- 
50,557 
- 
Current assets
Debtors
187,253 
119,017 
Cash at bank and in hand
85,641 
312,571 
272,894 
431,588 
Creditors: amounts falling due within one year
(100,057)
(198,809)
Net current assets
172,837 
232,779 
Total assets less current liabilities
223,394 
232,779 
Creditors: amounts falling due after more than one year
(22,501)
(32,500)
Net assets
200,893 
200,279 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
200,793 
200,179 
Shareholders' funds
200,893 
200,279 
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by
Anthony Stephen Shepherd Director Company Registration No. 08886850
- 4 -
Sherpa Environmental Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Sherpa Environmental Ltd is a private company, limited by shares, registered in England and Wales, registration number 08886850. The registered office is Fountain Court, 2 Victoria Square, St. Albans, Hertfordshire , AL1 3TF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
10,000 
At 28 February 2023
10,000 
Amortisation
At 1 March 2022
10,000 
At 28 February 2023
10,000 
Net book value
At 28 February 2023
- 
- 5 -
Sherpa Environmental Ltd Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
28,231 
3,297 
31,528 
Additions
- 
742 
742 
At 28 February 2023
28,231 
4,039 
32,270 
Depreciation
At 1 March 2022
28,231 
3,297 
31,528 
Charge for the year
- 
185 
185 
At 28 February 2023
28,231 
3,482 
31,713 
Net book value
At 28 February 2023
- 
557 
557 
6
Investments
Other investments 
£ 
Valuation at 1 March 2022
- 
Additions
50,000 
Valuation at 28 February 2023
50,000 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
186,743 
105,542 
Accrued income and prepayments
510 
1,625 
Other debtors
- 
11,850 
187,253 
119,017 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
31,896 
17,705 
VAT
26,713 
36,113 
Trade creditors
- 
12,828 
Taxes and social security
28,838 
84,869 
Other creditors
370 
424 
Loans from directors
9,435 
44,935 
Accruals
2,805 
1,935 
100,057 
198,809 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
22,501 
32,500 
- 6 -
Sherpa Environmental Ltd Notes to the Accounts for the year ended 28 February 2023
10
Average number of employees
During the year the average number of employees was 4 (2022: 4).
- 7 -