SHEBA CONCEPTS LIMITED

Company Registration Number:
02785768 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

SHEBA CONCEPTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

SHEBA CONCEPTS LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 605,873 606,105
Total fixed assets: 605,873 606,105
Current assets
Debtors:   2,746 451
Cash at bank and in hand: 5,408 6,957
Total current assets: 8,154 7,408
Creditors: amounts falling due within one year:   (9,788) (7,711)
Net current assets (liabilities): (1,634) (303)
Total assets less current liabilities: 604,239 605,802
Provision for liabilities: (3,016) (3,060)
Total net assets (liabilities): 601,223 602,742
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:4448,994448,994
Profit and loss account: 152,129 153,648
Shareholders funds: 601,223 602,742

The notes form part of these financial statements

SHEBA CONCEPTS LIMITED

Balance sheet statements

For the year ending 31 July 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.

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 September 2024
and signed on behalf of the board by:

Name: Mrs S Burgoyne
Status: Director

The notes form part of these financial statements

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

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

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 621,080
At 31 July 2024 621,080
Depreciation
At 01 August 2023 14,975
Charge for year 232
At 31 July 2024 15,207
Net book value
At 31 July 2024 605,873
At 31 July 2023 606,105

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Revaluation reserve

2024
£
Balance at 01 August 2023 448,994
Surplus or deficit after revaluation 0
Balance at 31 July 2024 448,994

SHEBA CONCEPTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Related party transactions

Name of the related party: Mrs S Burgoyne
Relationship:
Director and shareholder
Description of the Transaction: Loan to the company
£
Balance at 01 August 2023 749
Balance at 31 July 2024 866

Dividends were paid during the year to Mrs Burgoyne of £26,000 (2023 - £17,000).