Shear Ease Ltd 04874925 sales of and shapening of blade and scissorses false 1 April 2023 04874925 2023-04-01 2024-03-31 04874925 2023-03-31 04874925 2024-03-31 04874925 2022-04-01 2023-03-31 04874925 2022-03-31 04874925 2023-03-31 04874925 frs102-bus:FRS102 2023-04-01 2024-03-31 04874925 frs102-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04874925 frs102-bus:FullAccounts 2023-04-01 2024-03-31 04874925 frs102-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04874925 frs102-core:CurrentFinancialInstruments 2024-03-31 04874925 frs102-core:CurrentFinancialInstruments 2023-03-31 04874925 frs102-core:Non-currentFinancialInstruments 2024-03-31 04874925 frs102-core:Non-currentFinancialInstruments 2023-03-31 04874925 frs102-core:ShareCapital 2024-03-31 04874925 frs102-core:ShareCapital 2023-03-31 04874925 frs102-core:RetainedEarningsAccumulatedLosses 2024-03-31 04874925 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 04874925 frs102-bus:Director1 2023-04-01 2024-03-31 04874925 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-04-01 2024-03-31 04874925 frs102-core:LandBuildings 2023-04-01 2024-03-31 04874925 frs102-core:OfficeEquipment 2023-04-01 2024-03-31 04874925 frs102-core:ToolsEquipment 2023-04-01 2024-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
04874925
Shear Ease Ltd
Unaudited Accounts
for the year ended
31 March 2024
Shear Ease Ltd
Balance Sheet
as at 31 March 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 22,039 22,489
Tangible assets 22,906 13,624
44,945 36,113
Current assets
Stocks 23,332 24,189
Debtors 6,478 10,768
Cash at bank and in hand 87,108 67,938
116,918 102,895
Creditors: amounts falling due within one year (28,142) (30,386)
Net current assets / (liabilities) 88,776 72,509
Total assets less current liabilities 133,721 108,622
Creditors: amounts falling due after more than one year (122,945) (106,115)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 10,776 2,507
Capital and reserves
Called up share capital 2 2
Profit and loss account 10,774 2,505
Shareholders' funds 10,776 2,507

Shear Ease Ltd
Balance Sheet
as at 31 March 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

S Rudolph

Director


Approved by the board on 13 August 2024

Company Number: 04874925 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Cae Uchaf, Rhosybol
Amlwch
Anglesey
LL68 9TR

Shear Ease Ltd
Notes to the Accounts
for the year ended 31 March 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures, fittings, tools & equipment 20% Reducing Balance
Land & buildings 0% Reducing Balance
Office equipment 20% Reducing Balance
Tools & equipment 20% Reducing Balance
2. Employees
2024 2023
Average number of employees during the period 5 4