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Company Registration No. 05264275 (England and Wales)
Sherlock Consultancy Ltd Unaudited accounts for the year ended 31 July 2024
Sherlock Consultancy Ltd Unaudited accounts Contents
Page
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Sherlock Consultancy Ltd Company Information for the year ended 31 July 2024
Directors
P J Sherlock B Sherlock
Company Number
05264275 (England and Wales)
Registered Office
40 MORNINGTON ROAD WOODFORD GREEN ESSEX IG8 0TL ENGLAND
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Sherlock Consultancy Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
151,200 
180,000 
Tangible assets
1,124 
2,249 
152,324 
182,249 
Current assets
Debtors
467,422 
444,297 
Cash at bank and in hand
16,955 
112 
484,377 
444,409 
Creditors: amounts falling due within one year
(92,622)
(92,551)
Net current assets
391,755 
351,858 
Net assets
544,079 
534,107 
Capital and reserves
Share premium
1 
1 
Profit and loss account
544,078 
534,106 
Shareholders' funds
544,079 
534,107 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by
P J Sherlock Director Company Registration No. 05264275
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Sherlock Consultancy Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Sherlock Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 05264275. The registered office is 40 MORNINGTON ROAD, WOODFORD GREEN, ESSEX, IG8 0TL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Linbe
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being amortised over 25years straight line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
720,000 
At 31 July 2024
720,000 
Amortisation
At 1 August 2023
540,000 
Charge for the year
28,800 
At 31 July 2024
568,800 
Net book value
At 31 July 2024
151,200 
At 31 July 2023
180,000 
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Sherlock Consultancy Ltd Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
29,793 
9,616 
39,409 
At 31 July 2024
29,793 
9,616 
39,409 
Depreciation
At 1 August 2023
29,793 
7,367 
37,160 
Charge for the year
- 
1,125 
1,125 
At 31 July 2024
29,793 
8,492 
38,285 
Net book value
At 31 July 2024
- 
1,124 
1,124 
At 31 July 2023
- 
2,249 
2,249 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
24,125 
50,174 
Other debtors
443,297 
394,123 
467,422 
444,297 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
9,358 
9,337 
Other creditors
29,211 
29,161 
Loans from directors
54,053 
54,053 
92,622 
92,551 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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