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REGISTERED NUMBER: SC593945 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2022 TO 29 APRIL 2023

FOR

ALICE SHARP LIMITED

ALICE SHARP LIMITED (REGISTERED NUMBER: SC593945)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2022 TO 29 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALICE SHARP LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MAY 2022 TO 29 APRIL 2023







DIRECTOR: Mrs A Sharp





REGISTERED OFFICE: 6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC593945 (Scotland)





ACCOUNTANTS: Cornerstone Glasgow Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

ALICE SHARP LIMITED (REGISTERED NUMBER: SC593945)

BALANCE SHEET
29 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,054 7,472
Tangible assets 5 8,279 2,966
16,333 10,438

CURRENT ASSETS
Debtors 6 49,644 40,807
Cash at bank 154,151 444,963
203,795 485,770
CREDITORS
Amounts falling due within one year 7 97,974 319,892
NET CURRENT ASSETS 105,821 165,878
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,154

176,316

CREDITORS
Amounts falling due after more than one
year

8

65,250

54,250
NET ASSETS 56,904 122,066

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 56,804 121,966
SHAREHOLDERS' FUNDS 56,904 122,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ALICE SHARP LIMITED (REGISTERED NUMBER: SC593945)

BALANCE SHEET - continued
29 APRIL 2023


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 director and authorised for issue on 17 April 2024 and were signed by:





Mrs A Sharp - Director


ALICE SHARP LIMITED (REGISTERED NUMBER: SC593945)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2022 TO 29 APRIL 2023

1. STATUTORY INFORMATION

Alice Sharp Limited is a private company, limited by shares , registered in Scotland. 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 20% on a reducing balance basis

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2022 - 5 ) .

ALICE SHARP LIMITED (REGISTERED NUMBER: SC593945)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2022 TO 29 APRIL 2023

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 May 2022 8,302
Additions 1,050
At 29 April 2023 9,352
AMORTISATION
At 1 May 2022 830
Amortisation for period 468
At 29 April 2023 1,298
NET BOOK VALUE
At 29 April 2023 8,054
At 30 April 2022 7,472

5. TANGIBLE FIXED ASSETS
Office
Equipment
£   
COST
At 1 May 2022 5,343
Additions 6,496
At 29 April 2023 11,839
DEPRECIATION
At 1 May 2022 2,377
Charge for period 1,183
At 29 April 2023 3,560
NET BOOK VALUE
At 29 April 2023 8,279
At 30 April 2022 2,966

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 40,654 40,707
Other debtors 8,990 100
49,644 40,807

ALICE SHARP LIMITED (REGISTERED NUMBER: SC593945)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2022 TO 29 APRIL 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 15,250 15,250
Trade creditors 4,742 8,721
Taxation and social security 50,914 110,060
Other creditors 27,068 185,861
97,974 319,892

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 65,250 54,250