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Registration number: 14860659

Sheppard's Holding Group Ltd trading as Sheppards Holding Group Ltd

Annual Report and Unaudited Financial Statements

for the Period from 10 May 2023 to 31 May 2024

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

Company Information

Director

Stuart Sheppard

Registered office

St Ethelbert House
Ryelands Street
Hereford
Herefordshire
HR4 0LA

Bankers

Barclays Bank UK Plc

Accountants

Young & Co
St Ethelbert House
Ryelands Street
Hereford
Herefordshire
HR4 0LA

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

(Registration number: 14860659)
Balance Sheet as at 31 May 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

59,423

Other financial assets

5

100

 

59,523

Current assets

 

Cash at bank and in hand

 

28,288

Creditors: Amounts falling due within one year

6

(83,253)

Net current liabilities

 

(54,965)

Net assets

 

4,558

Capital and reserves

 

Called up share capital

7

100

Retained earnings

4,458

Shareholders' funds

 

4,558

For the financial period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges 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.

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

(Registration number: 14860659)
Balance Sheet as at 31 May 2024
(continued)

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 August 2024
 

.........................................
Stuart Sheppard
Director

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

Notes to the Unaudited Financial Statements for the Period from 10 May 2023 to 31 May 2024

1

General information

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

The address of its registered office is:
St Ethelbert House
Ryelands Street
Hereford
Herefordshire
HR4 0LA
England

The principal place of business is:
Enig Building
Hay Road
Brecon
LD3 0BW

These financial statements were authorised for issue by the director on 22 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.

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

Notes to the Unaudited Financial Statements for the Period from 10 May 2023 to 31 May 2024
(continued)

2

Accounting policies (continued)

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:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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.

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

Notes to the Unaudited Financial Statements for the Period from 10 May 2023 to 31 May 2024
(continued)

2

Accounting policies (continued)

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

59,423

59,423

At 31 May 2024

59,423

59,423

Depreciation

Carrying amount

At 31 May 2024

59,423

59,423

Included within the net book value of land and buildings above is £59,423 in respect of freehold land and buildings.
 

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

Notes to the Unaudited Financial Statements for the Period from 10 May 2023 to 31 May 2024
(continued)

5

Other financial assets (current and non-current)

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

Revaluations

100

100

At 31 May 2024

100

100

Impairment

Carrying amount

At 31 May 2024

100

100

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

8

82,004

Accruals and deferred income

 

1,249

 

83,253

 

Sheppard's Holding Group Ltd

trading as Sheppards Holding Group Ltd

Notes to the Unaudited Financial Statements for the Period from 10 May 2023 to 31 May 2024
(continued)

7

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary shares of £1 each

100

100

   

8

Related party transactions

Summary of transactions with subsidiaries

Sheppard's Maintenance Limited
 100 Ordinary shares
 100% of shares held
  Capital & Reserves £140,498
Profit for the year £245,398

9

Parent and ultimate parent undertaking

The ultimate controlling party is Mr Stuart Sheppard.