1 June 2023 v2025.11.1 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP120045642023-06-012024-05-31120045642024-05-31120045642023-05-3112004564core:WithinOneYear2024-05-3112004564core:WithinOneYear2023-05-3112004564core:AfterOneYear2024-05-3112004564core:AfterOneYear2023-05-3112004564bus:RegisteredOffice2023-06-012024-05-31120045642022-06-012023-05-31120045642022-06-0112004564bus:Director12023-06-012024-05-311200456412023-06-012024-05-3112004564countries:EnglandWales2023-06-012024-05-3112004564bus:AuditExemptWithAccountantsReport2023-06-012024-05-3112004564bus:PrivateLimitedCompanyLtd2023-06-012024-05-3112004564bus:Micro-entities2023-06-012024-05-3112004564bus:FullAccounts2023-06-012024-05-31
Company registration number:
12004564
SHERWOOD DEVELOPMENTS LTD
Unaudited Filleted Financial Statements for the year ended
31 May 2024
SHERWOOD DEVELOPMENTS LTD
Statement of Financial Position
31 May 2024
20242023
££
Fixed assets
557,501
 
490,710
 
   
Current assets
76,476
 
195,328
 
Creditors: amounts falling due within one year
(11,199
)
(438,231
)
Net current assets/(liabilities)
65,277
 
(242,903
)
Total assets less current liabilities
622,778
 
247,807
 
Creditors: amounts falling due after more than one year
(469,671
)
(34,259
)
Accruals and deferred income
(500
)
(400
)
Net assets
152,607
 
213,148
 
   
Capital and reserves
152,607
 
213,148
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Nursery Cottage Southwell Road
,
Farnsfield
,
Newark
,
NG22 8EB
, United Kingdom.

2 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
2
).

3 Transition to FRS 105

These are the first financial statements that comply with FRS 105. The company transitioned to FRS 105 on 1 June 2022.
This has affected the previously reported financial position as follows:
At 1 June 2022At 31 May 2023
££
Reconciliation of equity    
Capital and reserves (as previously stated) 173,458   212,529  
Deferred tax 319   619  
Capital and reserves (restated)
173,777
 
213,148
 
For the year ending
31 May 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
19 February 2025
, and are signed on behalf of the board by:
Mr Adam Roberts
Director
Company registration number:
12004564