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REGISTERED NUMBER: 09927553 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

SHC ENTERPRISES LIMITED

SHC ENTERPRISES LIMITED (REGISTERED NUMBER: 09927553)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SHC ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: M F Moore
E Vickery
S Craze
S P Peche





SECRETARY: E Vickery





REGISTERED OFFICE: Sugden Road
Long Ditton
Surbiton
Surrey
KT7 0AE





REGISTERED NUMBER: 09927553 (England and Wales)





ACCOUNTANTS: RJP LLP
Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL

SHC ENTERPRISES LIMITED (REGISTERED NUMBER: 09927553)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,005 16,091

CURRENT ASSETS
Debtors 5 32,503 25,335
Cash at bank and in hand 88,096 69,150
120,599 94,485
CREDITORS
Amounts falling due within one year 6 99,435 65,922
NET CURRENT ASSETS 21,164 28,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,169

44,654

CREDITORS
Amounts falling due after more than one
year

7

(34,255

)

(39,392

)

PROVISIONS FOR LIABILITIES 8 (118 ) (156 )
NET ASSETS 1,796 5,106

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 1,696 5,006
SHAREHOLDERS' FUNDS 1,796 5,106

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 August 2024 and were signed on its behalf by:



S P Peche - Director


SHC ENTERPRISES LIMITED (REGISTERED NUMBER: 09927553)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

SHC Enterprises 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.

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 represents net invoiced sales of food, sponsorship, advertising and pitch & hall hire, excluding Value Added Tax and trade discounts.

Turnover in respect of sponsorship, advertising and pitch & hall hire is recognised in the period the relevant service is provided.

Turnover in respect of food sales is recognised in the period that the transaction took place.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold property - 4% on cost

Computer equipment - 25% on cost

Taxation
Taxation for the year 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 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 year 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 year was 3 (2022 - 7 ) .

SHC ENTERPRISES LIMITED (REGISTERED NUMBER: 09927553)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2022
and 31 August 2023 17,676 3,785 21,461
DEPRECIATION
At 1 September 2022 4,083 1,287 5,370
Charge for year 707 379 1,086
At 31 August 2023 4,790 1,666 6,456
NET BOOK VALUE
At 31 August 2023 12,886 2,119 15,005
At 31 August 2022 13,593 2,498 16,091

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 32,267 24,465
Other debtors 236 870
32,503 25,335

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 5,137 4,990
Trade creditors 876 62
Taxation and social security 9,257 7,420
Other creditors 84,165 53,450
99,435 65,922

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans 34,255 39,392

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 12,156 17,923

8. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£    £   
Deferred tax 118 156

SHC ENTERPRISES LIMITED (REGISTERED NUMBER: 09927553)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2022 156
Movement in the year (38 )
Balance at 31 August 2023 118

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1.00 100 100