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
Sheridan Ward Recruitment Services Limited
Company Information
for the year ended 31 July 2023
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
Sheridan Ward Recruitment Services Limited
Statement of financial position
as at 31 July 2023
Tangible assets
12,159
13,359
Cash at bank and in hand
127,226
234,911
Creditors: amounts falling due within one year
(289,223)
(320,087)
Net current assets
740,135
612,974
Net assets
752,394
626,433
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
Sheridan Ward Recruitment Services Limited
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
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
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.
Amounts falling due within one year
Trade debtors
82,966
99,484
Other debtors
819,166
598,666
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
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
Allotted, called up and fully paid:
750 Ordinary class 1 of £1 each
750
750
250 Ordinary class 2 of £1 each
250
250
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).