Company Registration No. 4281250 (England and Wales)
Shear Blade Technology Ltd
Unaudited accounts
for the year ended 30 September 2024
Shear Blade Technology Ltd
Unaudited accounts
Contents
Shear Blade Technology Ltd
Company Information
for the year ended 30 September 2024
Directors
T Eastwood
R Eastwood
Company Number
4281250 (England and Wales)
Registered Office
28 Terminus Road
Sheffield
S7 2LH
Accountants
HART SIMPSON
65 Ward Street
New Tupton
Chesterfield
Derbyshire
S42 6XR
Shear Blade Technology Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
25,647
30,173
Cash at bank and in hand
127,426
143,912
Creditors: amounts falling due within one year
(6,426)
(16,911)
Net current assets
157,575
155,324
Net assets
183,222
185,497
Called up share capital
100
100
Profit and loss account
183,122
185,397
Shareholders' funds
183,222
185,497
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by
T Eastwood
Director
Company Registration No. 4281250
Shear Blade Technology Ltd
Notes to the Accounts
for the year ended 30 September 2024
Shear Blade Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 4281250. The registered office is 28 Terminus Road, Sheffield, S7 2LH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2023
237,323
888
238,211
At 30 September 2024
237,323
888
238,211
At 1 October 2023
207,150
888
208,038
Charge for the year
4,526
-
4,526
At 30 September 2024
211,676
888
212,564
At 30 September 2024
25,647
-
25,647
At 30 September 2023
30,173
-
30,173
Amounts falling due within one year
Other debtors
25,807
18,307
Shear Blade Technology Ltd
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,584
6,999
Taxes and social security
526
4,761
Other creditors
3,244
7,079
Loans from directors
(1,928)
(1,928)
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Average number of employees
During the year the average number of employees was 2 (2023: 2).