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Company Registration No. 05264275 (England and Wales)
Sherlock Consultancy Ltd Unaudited accounts for the year ended 31 July 2023
Sherlock Consultancy Ltd Unaudited accounts Contents
Page
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Sherlock Consultancy Ltd Company Information for the year ended 31 July 2023
Directors
P J Sherlock B Sherlock
Company Number
05264275 (England and Wales)
Registered Office
40 MORNINGTON ROAD WOODFORD GREEN ESSEX IG8 0TL ENGLAND
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Sherlock Consultancy Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
180,000 
208,800 
Tangible assets
2,249 
3,374 
182,249 
212,174 
Current assets
Debtors
444,297 
409,123 
Cash at bank and in hand
112 
802 
444,409 
409,925 
Creditors: amounts falling due within one year
(92,551)
(97,870)
Net current assets
351,858 
312,055 
Net assets
534,107 
524,229 
Capital and reserves
Share premium
1 
1 
Profit and loss account
534,106 
524,228 
Shareholders' funds
534,107 
524,229 
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 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 29 November 2023 and were signed on its behalf by
P J Sherlock Director Company Registration No. 05264275
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Sherlock Consultancy Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Sherlock Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 05264275. The registered office is 40 MORNINGTON ROAD, WOODFORD GREEN, ESSEX, IG8 0TL, ENGLAND.
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:
Computer equipment
25% Straight Linbe
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being amortised over 25years straight line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2022
720,000 
At 31 July 2023
720,000 
Amortisation
At 1 August 2022
511,200 
Charge for the year
28,800 
At 31 July 2023
540,000 
Net book value
At 31 July 2023
180,000 
At 31 July 2022
208,800 
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Sherlock Consultancy Ltd Notes to the Accounts for the year ended 31 July 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
29,793 
9,616 
39,409 
At 31 July 2023
29,793 
9,616 
39,409 
Depreciation
At 1 August 2022
29,793 
6,242 
36,035 
Charge for the year
- 
1,125 
1,125 
At 31 July 2023
29,793 
7,367 
37,160 
Net book value
At 31 July 2023
- 
2,249 
2,249 
At 31 July 2022
- 
3,374 
3,374 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
50,174 
69,123 
Other debtors
394,123 
340,000 
444,297 
409,123 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
9,337 
9,058 
Other creditors
29,161 
39,111 
Loans from directors
54,053 
49,701 
92,551 
97,870 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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