Sharp Rooms Limited 09858383 true 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is refurbishment of rooms Digita Accounts Production Advanced 6.30.9574.0 true Mr N T Moffatt Mr J Bebbington Mr O T W Richards true 09858383 2022-12-01 2023-11-30 09858383 2023-11-30 09858383 bus:OrdinaryShareClass1 2023-11-30 09858383 core:RetainedEarningsAccumulatedLosses 2023-11-30 09858383 core:ShareCapital 2023-11-30 09858383 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 09858383 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-30 09858383 core:FurnitureFittingsToolsEquipment 2023-11-30 09858383 bus:FRS102 2022-12-01 2023-11-30 09858383 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09858383 bus:FullAccounts 2022-12-01 2023-11-30 09858383 bus:RegisteredOffice 2022-12-01 2023-11-30 09858383 bus:Director1 2022-12-01 2023-11-30 09858383 bus:Director2 2022-12-01 2023-11-30 09858383 bus:Director3 2022-12-01 2023-11-30 09858383 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 09858383 bus:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 09858383 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09858383 core:OtherResidualIntangibleAssets 2022-12-01 2023-11-30 09858383 core:FurnitureFittings 2022-12-01 2023-11-30 09858383 countries:EnglandWales 2022-12-01 2023-11-30 09858383 2022-11-30 09858383 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-11-30 09858383 core:FurnitureFittingsToolsEquipment 2022-11-30 09858383 2022-11-30 09858383 bus:OrdinaryShareClass1 2022-11-30 09858383 core:RetainedEarningsAccumulatedLosses 2022-11-30 09858383 core:ShareCapital 2022-11-30 09858383 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09858383

Sharp Rooms Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Sharp Rooms Limited

Profit and Loss Account for the Year Ended 30 November 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Sharp Rooms Limited

(Registration number: 09858383)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Creditors: Amounts falling due within one year

5

(4,090)

(4,090)

Capital and reserves

 

Called up share capital

6

30

30

Retained earnings

(4,120)

(4,120)

Shareholders' deficit

 

(4,090)

(4,090)

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

Approved and authorised by the Board on 23 August 2024 and signed on its behalf by:
 

.........................................
Mr N T Moffatt
Director

 

Sharp Rooms Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 All Saints Court
All Saints Road
Clifton
Bristol
BS8 2JE

These financial statements were authorised for issue by the Board on 23 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% straight line basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Website development costs

25% straight line basis

 

Sharp Rooms Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Sharp Rooms Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

3

Intangible assets

Internally generated software development costs
 £

Total
£

Cost or valuation

At 1 December 2022

1,363

1,363

At 30 November 2023

1,363

1,363

Amortisation

At 1 December 2022

1,363

1,363

At 30 November 2023

1,363

1,363

Carrying amount

At 30 November 2023

-

-

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 December 2022

924

924

At 30 November 2023

924

924

Depreciation

At 1 December 2022

924

924

At 30 November 2023

924

924

Carrying amount

At 30 November 2023

-

-

5

Creditors

 

Sharp Rooms Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Note

2023
£

2022
£

Due within one year

 

Amounts due to related parties

838

838

Other payables

 

2,752

2,752

Accruals

 

500

500

 

4,090

4,090

6

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

30

30

30

30