1 March 2023 false No description of principal activity Taxfiler 2024.6.1 SC354586business:PrivateLimitedCompanyLtd2023-03-012024-02-29 SC3545862023-02-28 SC3545862023-03-012024-02-29 SC354586business:AuditExemptWithAccountantsReport2023-03-012024-02-29 SC354586business:FilletedAccounts2023-03-012024-02-29 SC3545862024-02-29 SC354586business:Director12023-03-012024-02-29 SC354586business:RegisteredOffice2023-03-012024-02-29 SC3545862023-02-28 SC354586core:WithinOneYear2024-02-29 SC354586core:WithinOneYear2023-02-28 SC354586core:AfterOneYear2024-02-29 SC354586core:AfterOneYear2023-02-28 SC354586core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC354586core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC354586core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC354586core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC354586core:PreviouslyStatedAmount2024-02-29 SC354586core:PreviouslyStatedAmount2023-02-28 SC354586business:SmallEntities2023-03-012024-02-29 SC354586countries:Scotland2023-03-012024-02-29 SC354586core:PlantMachinery2023-03-012024-02-29 SC354586core:ComputerEquipment2023-03-012024-02-29 SC354586core:PlantMachinery2023-02-28 SC354586core:ComputerEquipment2023-02-28 SC354586core:PlantMachinery2024-02-29 SC354586core:ComputerEquipment2024-02-29 SC354586business:OrdinaryShareClass12023-03-012024-02-29 SC354586business:OrdinaryShareClass12022-03-012023-02-28 SC3545862022-03-012023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC354586 (Scotland)
Sheridan Property Services Ltd Unaudited accounts for the year ended 29 February 2024
Sheridan Property Services Ltd Unaudited accounts Contents
Page
- 2 -
Sheridan Property Services Ltd Company Information for the year ended 29 February 2024
Director
Robert Sheridan
Company Number
SC354586 (Scotland)
Registered Office
94 HOPE STREET SUITE 2.11 GLASGOW G2 6PH SCOTLAND
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
- 3 -
Sheridan Property Services Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
17,481 
16,794 
Creditors: amounts falling due within one year
(13,406)
(11,860)
Net current assets
4,075 
4,934 
Total assets less current liabilities
4,075 
4,934 
Creditors: amounts falling due after more than one year
(3,149)
(4,606)
Net assets
926 
328 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
826 
228 
Shareholders' funds
926 
328 
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 29 November 2024 and were signed on its behalf by
Robert Sheridan Director Company Registration No. SC354586
- 4 -
Sheridan Property Services Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Sheridan Property Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC354586. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, SCOTLAND.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Computer equipment
20% on cost
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
8,432 
3,644 
12,076 
At 29 February 2024
8,432 
3,644 
12,076 
Depreciation
At 1 March 2023
8,432 
3,644 
12,076 
At 29 February 2024
8,432 
3,644 
12,076 
Net book value
At 29 February 2024
- 
- 
- 
- 5 -
Sheridan Property Services Ltd Notes to the Accounts for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,917 
1,917 
Taxes and social security
9,806 
5,447 
Other creditors
1,683 
3,630 
Accruals
- 
866 
13,406 
11,860 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,149 
4,606 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -