1 August 2022 false Taxfiler 2023.11 04500080business:PrivateLimitedCompanyLtd2022-08-012023-07-31 045000802022-07-31 045000802022-08-012023-07-31 04500080business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 04500080business:FilletedAccounts2022-08-012023-07-31 045000802023-07-31 04500080business:Director12022-08-012023-07-31 04500080business:RegisteredOffice2022-08-012023-07-31 045000802022-07-31 04500080core:WithinOneYear2023-07-31 04500080core:WithinOneYear2022-07-31 04500080core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 04500080core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 04500080core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 04500080core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 04500080core:PreviouslyStatedAmount2023-07-31 04500080core:PreviouslyStatedAmount2022-07-31 04500080business:SmallEntities2022-08-012023-07-31 04500080countries:EnglandWales2022-08-012023-07-31 04500080core:FurnitureFittings2022-08-012023-07-31 04500080core:FurnitureFittings2022-07-31 04500080core:FurnitureFittings2023-07-31 04500080core:AfterOneYear2023-07-31 04500080core:AfterOneYear2022-07-31 04500080business:OrdinaryShareClass12022-08-012023-07-31 04500080business:OrdinaryShareClass12021-08-012022-07-31 04500080business:OrdinaryShareClass22022-08-012023-07-31 04500080business:OrdinaryShareClass22021-08-012022-07-31 04500080business:AllOrdinaryShares2022-08-012023-07-31 04500080business:AllOrdinaryShares2021-08-012022-07-31 045000802021-08-012022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04500080 (England and Wales)
Sheridan Ward Recruitment Services Limited Unaudited accounts for the year ended 31 July 2023
Sheridan Ward Recruitment Services Limited Unaudited accounts Contents
Page
- 2 -
Sheridan Ward Recruitment Services Limited Company Information for the year ended 31 July 2023
Director
Fiona Sheridan
Company Number
04500080 (England and Wales)
Registered Office
Third Floor Belmont Belmont Road Uxbridge UB8 1HE
Accountants
Matrix Accounts Ltd 7 The Ridgeway North Harrow HA2 7QL
- 3 -
Sheridan Ward Recruitment Services Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,159 
13,359 
Investments
100 
100 
12,259 
13,459 
Current assets
Debtors
902,132 
698,150 
Cash at bank and in hand
127,226 
234,911 
1,029,358 
933,061 
Creditors: amounts falling due within one year
(289,223)
(320,087)
Net current assets
740,135 
612,974 
Net assets
752,394 
626,433 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
751,394 
625,433 
Shareholders' funds
752,394 
626,433 
For the year ending 31 July 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 director acknowledges her 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 and authorised for issue on 19 December 2023 and were signed on its behalf by
Fiona Sheridan Director Company Registration No. 04500080
- 4 -
Sheridan Ward Recruitment Services Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Sheridan Ward Recruitment Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04500080. The registered office is Third Floor Belmont, Belmont Road, Uxbridge, UB8 1HE.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2022
52,463 
Additions
2,852 
At 31 July 2023
55,315 
Depreciation
At 1 August 2022
39,104 
Charge for the year
4,052 
At 31 July 2023
43,156 
Net book value
At 31 July 2023
12,159 
At 31 July 2022
13,359 
- 5 -
Sheridan Ward Recruitment Services Limited Notes to the Accounts for the year ended 31 July 2023
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 August 2022
100 
Valuation at 31 July 2023
100 
Details of the investments in which the company holds 20% or more of the share capital are: Sheridan-Bale Developments Limited, a company incorporated in England & Wales. The company owns 100% of the share capital and voting rights.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
82,966 
99,484 
Other debtors
819,166 
598,666 
902,132 
698,150 
Amounts due after more than one year
- 
598,666 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
39,789 
VAT
62,607 
62,912 
Trade creditors
10,937 
10,937 
Taxes and social security
29,418 
33,134 
Other creditors
2,770 
2,469 
Loans from directors
148,491 
94,346 
Accruals
35,000 
76,500 
289,223 
320,087 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
750 Ordinary class 1 of £1 each
750 
750 
250 Ordinary class 2 of £1 each
250 
250 
1,000 
1,000 
9
Transactions with related parties
At the balance sheet date the company was owed £819,166 (2022 - £598,666) by it's subsidiary company Sheridan-Bale Developments Limited.
10
Average number of employees
During the year the average number of employees was 7 (2022: 6).
- 6 -