IRIS Accounts Production v23.3.0.418 09471335 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094713352022-03-31094713352023-03-31094713352022-04-012023-03-31094713352021-03-31094713352021-04-012022-03-31094713352022-03-3109471335ns10:Originalns15:EnglandWales2022-04-012023-03-3109471335ns14:PoundSterlingns10:Original2022-04-012023-03-3109471335ns10:Originalns10:Director12022-04-012023-03-3109471335ns10:Original2022-04-012023-03-3109471335ns10:Original2023-03-3109471335ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109471335ns10:Originalns10:SmallEntities2022-04-012023-03-3109471335ns10:Originalns10:AuditExemptWithAccountantsReport2022-04-012023-03-3109471335ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109471335ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109471335ns10:Originalns10:FullAccounts2022-04-012023-03-3109471335ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3109471335ns10:Originalns10:Director22022-04-012023-03-3109471335ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109471335ns10:Original2022-03-3109471335ns10:Originalns5:CurrentFinancialInstruments2023-03-3109471335ns10:Originalns5:CurrentFinancialInstruments2022-03-3109471335ns5:ShareCapitalns10:Original2023-03-3109471335ns5:ShareCapitalns10:Original2022-03-3109471335ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109471335ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109471335ns10:Originalns5:FurnitureFittings2022-04-012023-03-3109471335ns10:Originalns5:ComputerEquipment2022-04-012023-03-3109471335ns10:Original2021-04-012022-03-3109471335ns10:Originalns5:FurnitureFittings2022-03-3109471335ns10:Originalns5:ComputerEquipment2022-03-3109471335ns10:Original2022-03-3109471335ns10:Originalns5:FurnitureFittings2023-03-3109471335ns10:Originalns5:ComputerEquipment2023-03-3109471335ns10:Originalns5:FurnitureFittings2022-03-3109471335ns10:Originalns5:ComputerEquipment2022-03-3109471335ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109471335ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3109471335ns10:Originalns10:OrdinaryShareClass12023-03-3109471335ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109471335ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 09471335 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

SHARPE SERVICES LTD

SHARPE SERVICES LTD (Registered number: 09471335)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

SHARPE SERVICES LTD

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs S A Collinge
M Collinge





REGISTERED OFFICE: 43 Polefield Road
Manchester
M9 6FN





REGISTERED NUMBER: 09471335 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

SHARPE SERVICES LTD (Registered number: 09471335)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,240 2,634

CURRENT ASSETS
Stocks 725 750
Debtors 5 - 784
Cash at bank 8,510 13,626
9,235 15,160
CREDITORS
Amounts falling due within one year 6 37,944 42,324
NET CURRENT LIABILITIES (28,709 ) (27,164 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(26,469

)

(24,530

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (26,569 ) (24,630 )
SHAREHOLDERS' FUNDS (26,469 ) (24,530 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by:





M Collinge - Director


SHARPE SERVICES LTD (Registered number: 09471335)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

SHARPE SERVICES LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate nor curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's bankers and creditors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & equipment - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

SHARPE SERVICES LTD (Registered number: 09471335)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures Computer
& equipment equipment Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 5,486 367 5,853
DEPRECIATION
At 1 April 2022 2,853 366 3,219
Charge for year 394 - 394
At 31 March 2023 3,247 366 3,613
NET BOOK VALUE
At 31 March 2023 2,239 1 2,240
At 31 March 2022 2,633 1 2,634

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors - 784

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other creditors 37,944 42,324

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary Shares £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 April 2022 (24,630 )
Deficit for the year (1,939 )
At 31 March 2023 (26,569 )

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors at the year end is an amount of £37,644 owing to Directors and Shareholders Mr & Mrs Collinge.

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SHARPE SERVICES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SHARPE SERVICES LTD for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of SHARPE SERVICES LTD, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SHARPE SERVICES LTD and state those matters that we have agreed to state to the Board of Directors of SHARPE SERVICES LTD, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SHARPE SERVICES LTD and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SHARPE SERVICES LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of SHARPE SERVICES LTD. You consider that SHARPE SERVICES LTD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SHARPE SERVICES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................