SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Company Registration Number:
11834677 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Income and Expenditure Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Company Information

for the Period Ended 31 December 2023




Registered office: Unit 14, Empire Business Park
Enterprise Way
Burnley
England
BB12 6LT
Company Registration Number: 11834677 (England and Wales)

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Gross surplus or (deficit) 438,557 336,509
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 41,040 ) ( 40,036 )
Administrative Expenses ( 289,120 ) ( 268,640 )
Operating surplus or (deficit) 108,397 27,833
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Surplus or (deficit) before tax 108,397 27,833
Surplus or (deficit) for the period 108,397 27,833

The notes form part of these financial statements

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 8,908 10,165
Total fixed assets: 8,908 10,165
Current assets
Stocks: 289,068 287,433
Debtors: 69,841 202,250
Cash at bank and in hand: 139,238 62,641
Total current assets: 498,147 552,324
Prepayments and accrued income: 44,521 1,301
Creditors: amounts falling due within one year: ( 41,165 ) ( 365,986 )
Net current assets (liabilities): 501,503 187,639
Total assets less current liabilities: 510,411 197,804
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 7,323 ) ( 11,427 )
Accruals and deferred income: ( 9,412 ) ( 6,305 )
Total net assets (liabilities): 493,676 180,072

The notes form part of these financial statements

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Reserves
Revaluation reserve: 5 0 0
Income and expenditure account 493,676 180,072
Members funds 493,676 180,072

For the year ending 31 December 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 18 September 2024
And Signed On Behalf Of The Board By:

Name: Matt Klotzbach
Status: Director

The notes form part of these financial statements

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 5

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 10,165
Additions 0
Disposals -
Revaluations -
Transfers -
At 31 December 2023 10,165
Depreciation
At 01 January 2023 -
Charge for year -
On disposals -
Other adjustments 1,257
At 31 December 2023 1,257
Net book value
At 31 December 2023 8,908
At 31 December 2022 10,165

SHEREX FASTENING SOLUTIONS UK LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Revaluation reserve


2023
£
Balance at 01 January 2023 0
Surplus or deficit after revaluation 0
Balance at 31 December 2023 0