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REGISTERED NUMBER: 08560148 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

SHARED EARTH YORK LTD

SHARED EARTH YORK LTD (Registered number: 08560148)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SHARED EARTH YORK LTD

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: J R PIERCY
P A EDMONDSON
J HARLAND





SECRETARY: P A EDMONDSON





REGISTERED OFFICE: 1 MINSTER GATES
YORK
YO1 7HL





REGISTERED NUMBER: 08560148 (England and Wales)





ACCOUNTANTS: David Lacey & Co
Chartered Certified Accountants
Castlegate House
Castlegate
York
YO1 9RP

SHARED EARTH YORK LTD (Registered number: 08560148)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £ £
CURRENT ASSETS
Stocks 66,829 56,357
Debtors 4 161,993 104,157
Cash at bank 16,451 103,694
245,273 264,208
CREDITORS
Amounts falling due within one year 5 67,788 70,138
NET CURRENT ASSETS 177,485 194,070
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,485

194,070

CREDITORS
Amounts falling due after more than one
year

6

10,048

20,497
NET ASSETS 167,437 173,573

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 167,427 173,563
SHAREHOLDERS' FUNDS 167,437 173,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2024 and were signed on its behalf by:



P A EDMONDSON - Director


SHARED EARTH YORK LTD (Registered number: 08560148)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

SHARED EARTH YORK LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 22 ) .

SHARED EARTH YORK LTD (Registered number: 08560148)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade debtors 5,802 37,026
Other debtors 156,191 67,131
161,993 104,157

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 46,821 27,345
Taxation and social security 7,767 25,305
Other creditors 3,200 7,488
67,788 70,138

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£ £
Bank loans 10,048 20,497

7. GOVERNMENT BOUNCE BACK LOAN

In a previous year the company obtained a Government "Bounce Back" loan to assist with working capital. The loan is unsecured and is repayable in equal monthly instalments with the final payment due in 2026.