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REGISTERED NUMBER: 08161816 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Sharma-Scott UK Limited

Sharma-Scott UK Limited (Registered number: 08161816)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Sharma-Scott UK Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Ms J A Scott
R R Sharma





REGISTERED OFFICE: 4 Enterprise Court
Downmill Road
Bracknell
Berkshire
RG12 1QS





REGISTERED NUMBER: 08161816 (England and Wales)





ACCOUNTANTS: Butt Miller
Chartered Accountants
1 Minster Court
Tuscam Way
Camberley
Surrey
GU15 3YY

Sharma-Scott UK Limited (Registered number: 08161816)

Statement of Financial Position
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 829 25,100

CREDITORS
Amounts falling due within one year 5 (60,073 ) (59,173 )
NET CURRENT LIABILITIES (60,073 ) (59,173 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(59,244

)

(34,073

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (60,244 ) (35,073 )
(59,244 ) (34,073 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 27 March 2024 and were signed on its behalf by:





Ms J A Scott - Director


Sharma-Scott UK Limited (Registered number: 08161816)

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


1. STATUTORY INFORMATION

Sharma-Scott UK Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

Taxation
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 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 statement of financial position date.

Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2022 25,100
Impairments (24,271 )
At 31 July 2023 829
NET BOOK VALUE
At 31 July 2023 829
At 31 July 2022 25,100

Sharma-Scott UK Limited (Registered number: 08161816)

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


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 59,353 58,273
Accrued expenses 720 900
60,073 59,173

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
Ms J A Scott
Balance outstanding at start of year - (54,511 )
Amounts advanced - 54,511
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The above loan is unsecured, interest free and repayable on demand.