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Company Registration No. 06028665 (England and Wales)
SHIRE RECOVERIES LIMITED
Financial Statements
for the Period from 01 April 2023 to 31 March 2024

SHIRE RECOVERIES LIMITED

Financial Statements for the period ending 31 March 2024

SHIRE RECOVERIES LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

1. Statutory Information
SHIRE RECOVERIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06028665.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover represents net invoiced sales of goods and commissions as well as estimated commission on sales negotiated but not yet invoiced.

SHIRE RECOVERIES LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.Fixtures, fittings and equipment - 20 - 50% on a straight line basis

SHIRE RECOVERIES LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

Deferred Tax
Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.

SHIRE RECOVERIES LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 14
2023 13
4. Principal Activity
The principal activity of the company in the year under review was the recovery of financial debts on behalf of third parties.

SHIRE RECOVERIES LIMITED

Financial Statements for the period ending 31 March 2024

Notes to the Accounts

5. Fixed Assets
Fixtures and Fittings Total
Cost or valuation £ £
At 01/04/2023 4,350 4,350
Additions - -
At 31/03/2024 4,350 4,350
Depreciation
At 01/04/2023 4,200 4,200
Charge for the year 150 150
At 31/03/2024 4,350 4,350
Net Book Value
At 31/03/2024 - -
At 31/03/2023 150 150