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REGISTERED NUMBER: 04694748 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Sherado Limited

Sherado Limited (Registered number: 04694748)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sherado Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs F A Gordon
Grosvenor Administration Limited
A Panayotov





SECRETARY: Grosvenor Secretaries Limited





REGISTERED OFFICE: Ground Floor, 123 Pall Mall
St James's
London
SW1Y 5EA





REGISTERED NUMBER: 04694748 (England and Wales)






Sherado Limited (Registered number: 04694748)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes
CURRENT ASSETS
Debtors 4 159,975 167,268

CREDITORS
Amounts falling due within one year 5 408,749 407,862
NET CURRENT LIABILITIES (248,774 ) (240,594 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(248,774

)

(240,594

)

CAPITAL AND RESERVES
Called up share capital 694,484 694,484
Retained earnings (943,258 ) (935,078 )
SHAREHOLDERS' FUNDS (248,774 ) (240,594 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 28 March 2025 and were signed on its behalf by:




Grosvenor Administration Limited - Director


Sherado Limited (Registered number: 04694748)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Sherado Limited 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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into euros at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

Sherado Limited (Registered number: 04694748)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
Trade debtors 602 600
Amounts owed by group undertakings 87,177 94,478
Other debtors 72,196 72,190
159,975 167,268

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
Other creditors 408,749 407,862

6. ULTIMATE CONTROLLING PARTY

The details of ultimate controlling party can be found at: https://beta.companieshouse.gov.uk/company/04694748/persons-with-significant-control.