2022-08-01 2023-07-31 false Capium Accounts Production 1.1 07718772 bus:AbridgedAccounts 2022-08-01 2023-07-31 07718772 bus:FRS102 2022-08-01 2023-07-31 07718772 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 07718772 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 07718772 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 07718772 2022-08-01 2023-07-31 07718772 2023-07-31 07718772 bus:RegisteredOffice 2022-08-01 2023-07-31 07718772 core:WithinOneYear 2023-07-31 07718772 core:AfterOneYear 2023-07-31 07718772 bus:Director1 2022-08-01 2023-07-31 07718772 bus:Director1 2023-07-31 07718772 bus:Director1 2021-08-01 2022-07-31 07718772 bus:Director2 2022-08-01 2023-07-31 07718772 bus:Director2 2023-07-31 07718772 bus:Director2 2021-08-01 2022-07-31 07718772 bus:Director3 2022-08-01 2023-07-31 07718772 bus:Director3 2023-07-31 07718772 bus:Director3 2021-08-01 2022-07-31 07718772 bus:Director4 2022-08-01 2023-07-31 07718772 bus:Director4 2023-07-31 07718772 bus:Director4 2021-08-01 2022-07-31 07718772 bus:Director5 2022-08-01 2023-07-31 07718772 bus:Director5 2023-07-31 07718772 bus:Director5 2021-08-01 2022-07-31 07718772 bus:Director6 2022-08-01 2023-07-31 07718772 bus:Director6 2023-07-31 07718772 bus:Director6 2021-08-01 2022-07-31 07718772 2021-08-01 07718772 bus:LeadAgentIfApplicable 2022-08-01 2023-07-31 07718772 2021-08-01 2022-07-31 07718772 2022-07-31 07718772 core:WithinOneYear 2022-07-31 07718772 core:AfterOneYear 2022-07-31 07718772 bus:EntityAccountantsOrAuditors 2021-08-01 2022-07-31 07718772 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 07718772 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 07718772 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-07-31 07718772 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 07718772 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 07718772 core:Non-currentFinancialInstruments 2023-07-31 07718772 core:Non-currentFinancialInstruments 2022-07-31 07718772 core:RetainedEarningsAccumulatedLosses 2023-07-31 07718772 core:RetainedEarningsAccumulatedLosses 2022-07-31 07718772 dpl:Item1 2022-08-01 07718772 dpl:Item1 2023-07-31 07718772 dpl:Item1 2021-08-01 07718772 dpl:Item1 2022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07718772
England and Wales

 

 

 

THE SHEBA PROJECT LTD


Abridged Accounts
 


Period of accounts

Start date: 01 August 2022

End date: 31 July 2023
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 July 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Accurate Acc Ltd
31 July 2023



....................................................
Accurate Acc Ltd
18,Laburnum Avenue
Bedford
MK404HQ
30 July 2024
1
 
 
Notes
 
2023
£
  2022
£
Current assets      
Cash at bank and in hand 717    4,418 
Creditors: amount falling due within one year   1 
Net current assets 717    4,419 
 
Total assets less current liabilities 717    4,419 
Creditors: amount falling due after more than one year (2,835)   (3,467)
Net assets (2,118)   952 
 

Capital and reserves
     
Profit and loss account (2,118)   952 
Shareholders' funds (2,118)   952 
 


For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 30 July 2024 and were signed on its behalf by:


-------------------------------
Hammad Ahmed
Director
2
General Information
THE SHEBA PROJECT LTD is a private company, limited by shares, registered in England and Wales, registration number 07718772, registration address 33,Henniker Gardens,, London, E6 3JQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Factored debts
The company includes factored debts within trade debtors since most of the risks and rewards of ownership of the factored debts have not passed to the factors. A corresponding liability is included in liabilities in respect of the proceeds received from the factor.
Current asset investments
Current asset investments are stated at the lower of cost and net realisable value.
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3