Company Registration No. 11091157 (England and Wales)
Shepherd Private Clients Limited
Unaudited accounts
for the year ended 31 March 2024
Shepherd Private Clients Limited
Unaudited accounts
Contents
Shepherd Private Clients Limited
Company Information
for the year ended 31 March 2024
Directors
Andrew Shepherd
Rebecca Hunt
Joanne Shepherd
Company Number
11091157 (England and Wales)
Registered Office
Suite 101 Highfield House
Cheadle Royal Business Park
Cheadle
SK8 3GY
Shepherd Private Clients Limited
Statement of financial position
as at 31 March 2024
Tangible assets
18,813
43,447
Inventories
124,225
79,793
Cash at bank and in hand
290,004
193,525
Creditors: amounts falling due within one year
(356,823)
(304,347)
Net current assets
169,803
82,108
Net assets
188,616
125,655
Called up share capital
111
111
Profit and loss account
187,516
124,555
Shareholders' funds
188,616
125,655
For the year ending 31 March 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 20 November 2024 and were signed on its behalf by
Andrew Shepherd
Director
Company Registration No. 11091157
Shepherd Private Clients Limited
Notes to the Accounts
for the year ended 31 March 2024
Shepherd Private Clients Limited is a private company, limited by shares, registered in England and Wales, registration number 11091157. The registered office is Suite 101 Highfield House, Cheadle Royal Business Park, Cheadle, SK8 3GY.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
Over 4 years - Straight Line Basis
Computer equipment
Over 4 years - Straight Line Basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
7,532
33,367
23,067
63,966
Additions
1,908
-
2,966
4,874
Disposals
-
(24,443)
-
(24,443)
At 31 March 2024
9,440
8,924
26,033
44,397
At 1 April 2023
2,154
8,924
9,441
20,519
Charge for the year
1,021
-
4,044
5,065
At 31 March 2024
3,175
8,924
13,485
25,584
At 31 March 2024
6,265
-
12,548
18,813
At 31 March 2023
5,378
24,443
13,626
43,447
Shepherd Private Clients Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Investments
Other investments
Valuation at 1 April 2023
100
Valuation at 31 March 2024
-
Investment in subsidiary - Shepherd Trustees Limited
Amounts falling due within one year
Trade debtors
112,397
113,137
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
57,682
10,163
Amounts owed to group undertakings and other participating interests
-
66,545
Taxes and social security
196,947
132,299
Loans from directors
(5,765)
(1,713)
The parent company is The SPC HoldCo Limited, which carries on its business from the same address.
9
Average number of employees
During the year the average number of employees was 11 (2023: 8).