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COMPANY REGISTRATION NUMBER: 14102015
Sherwood Property Limited
Filleted Unaudited Financial Statements
31 May 2024
Sherwood Property Limited
Statement of Financial Position
31 May 2024
Period from
Year to
11 May 22 to
31 May 24
31 May 23
£
£
Current assets
37
12,420
Creditors: amounts falling due within one year
13,354
25,095
--------
--------
Net current liabilities
13,317
12,675
--------
--------
Total assets less current liabilities
( 13,317)
( 12,675)
Accruals and deferred income
240
180
--------
--------
(13,557)
(12,855)
--------
--------
Capital and reserves
( 13,557)
( 12,855)
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
2. Director's advances, credits and guarantees
At 1 June 2023 the company owed the director £25,095 (restated) (11 May 2022 - £nil). During the period the director introduced funds into the company amounting to £15,764 (2023 - £380,399), he also withdrew funds from the company of £27,505 (2023 - £355,304 (restated)). The balance due to the director at 31 May 2024 was £13,354 (2023 - £25,095 (restated)). This amount is repayable on demand and does not carry interest.
3. Restatement of prior year
The Statement of Financial Position as at 31 May 2023 has been restated due to an amount of £5,650 being included as a repayment of the director's loan when it should have been an other debtor due to the company included in current assets. This amount has been repaid to the company during the year to 31 May 2024.
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.
Director's 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 director acknowledges her 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 21 February 2025 , and are signed on behalf of the board by:
Mr C T James
Director
Company registration number: 14102015
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 61 Bridge Street, Kingston, HR5 3DJ.