REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31st July 2023 |
for |
SHANNON PERSONNEL SERVICES LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31st July 2023 |
for |
SHANNON PERSONNEL SERVICES LIMITED |
SHANNON PERSONNEL SERVICES LIMITED (REGISTERED NUMBER: 01369095) |
Contents of the Financial Statements |
for the Year Ended 31st July 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
SHANNON PERSONNEL SERVICES LIMITED |
Company Information |
for the Year Ended 31st July 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
38 Salisbury Road |
Worthing |
West Sussex |
BN11 1RD |
SHANNON PERSONNEL SERVICES LIMITED (REGISTERED NUMBER: 01369095) |
Balance Sheet |
31st July 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment properties | 4 |
CURRENT ASSETS |
Investments | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 7 |
Capital redemption reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
SHANNON PERSONNEL SERVICES LIMITED (REGISTERED NUMBER: 01369095) |
Balance Sheet - continued |
31st July 2023 |
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 |
SHANNON PERSONNEL SERVICES LIMITED (REGISTERED NUMBER: 01369095) |
Notes to the Financial Statements |
for the Year Ended 31st July 2023 |
1. | STATUTORY INFORMATION |
Shannon Personnel Services Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net rental income receivable under operating leases, excluding value added tax. |
Investment properties |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Fair Value reserve. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INVESTMENT PROPERTIES |
Total |
£ |
FAIR VALUE |
At 1st August 2022 |
and 31st July 2023 |
NET BOOK VALUE |
At 31st July 2023 |
At 31st July 2022 |
Fair value at 31st July 2023 is represented by: |
£ |
Valuation in 2015 | 1,096,554 |
Valuation in 2016 | 100,000 |
Valuation in 2018 | 100,000 |
Valuation in 2020 | 100,000 |
Valuation in 2022 | 300,000 |
Cost | 303,446 |
2,000,000 |
If investment properties had not been revalued they would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 303,446 | 303,446 |
Investment properties were valued on a fair value basis on 31st July 2023 by S C Shannon, the director . |
SHANNON PERSONNEL SERVICES LIMITED (REGISTERED NUMBER: 01369095) |
Notes to the Financial Statements - continued |
for the Year Ended 31st July 2023 |
4. | INVESTMENT PROPERTIES - continued |
The investment properties shown above are all held for use in operating leases. |
5. | CURRENT ASSET INVESTMENTS |
2023 | 2022 |
£ | £ |
Listed investments | 175 | 175 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Corporation tax reserve |
HM Revenue & Customs |
Director's current account | 45,710 | 59,257 |
Accrued expenses |
7. | RESERVES |
Fair |
value |
reserve |
£ |
At 1st August 2022 |
and 31st July 2023 |