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
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
Sherpa Environmental Ltd
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
85,641
312,571
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
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
Sherpa Environmental Ltd
Notes to the Accounts
for the year ended 28 February 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 28 February 2023
10,000
At 28 February 2023
10,000
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
At 28 February 2023
28,231
4,039
32,270
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
At 28 February 2023
-
557
557
6
Investments
Other investments
Valuation at 1 March 2022
-
Valuation at 28 February 2023
50,000
Amounts falling due within one year
Trade debtors
186,743
105,542
Accrued income and prepayments
510
1,625
8
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
31,896
17,705
Taxes and social security
28,838
84,869
Loans from directors
9,435
44,935
9
Creditors: amounts falling due after more than one year
2023
2022
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).