Company registration number 08436113 (England and Wales)
MICROSHARE LIMITED
(FORMELY KNOWN AS MICROSHARE EUROPE LTD)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
MICROSHARE LIMITED
(FORMELY KNOWN AS MICROSHARE EUROPE LTD)
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
135
2,529
Current assets
1,272,903
1,003,204
Prepayments and accrued income
-
0
27,958
Creditors: amounts falling due within one year
(557,363)
(808,892)
Net current assets
715,540
222,270
Total assets less current liabilities
715,675
224,799
Creditors: amounts falling due after more than one year
(5,228,768)
(3,492,958)
Net liabilities
(4,513,093)
(3,268,159)
Capital and reserves
(4,513,093)
(3,268,159)
Notes to the financial statements
1
Employees

The average number of persons (including directors) employed by the company during the year was 7 (2022: 11).

2
Going concern

The company is dependant on inter-company advances and support from Microshare Inc. The directors of Microshare Inc. have confirmed that they will not demand repayment of this loan until the company is in a position to make such repayments. They have also confirmed that they will continue to support the company financially to ensure that the company can meet its liabilities as and when they fall due.

 

On the above basis and at the time of approving the the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

MICROSHARE LIMITED
(FORMELY KNOWN AS MICROSHARE EUROPE LTD)
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2023
31 December 2023
- 2 -

Microshare Limited is a private company limited by shares incorporated in England and Wales. The registered office is c/o Craufurd Hale Group, Ground Floor, Arena Court, Crown Lane, MAIDENHEAD, SL6 8QZ.

For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 14 February 2025 and are signed on its behalf by:
Mr C A R Paumelle
Director
Company Registration Number 08436113
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