1 August 2023 false No description of principal activity Taxfiler 2024.6 SC775517business:PrivateLimitedCompanyLtd2023-08-012024-07-31 SC7755172023-07-31 SC7755172023-08-012024-07-31 SC775517business:AuditExemptWithAccountantsReport2023-08-012024-07-31 SC775517business:FilletedAccounts2023-08-012024-07-31 SC7755172024-07-31 SC775517business:Director12023-08-012024-07-31 SC775517business:RegisteredOffice2023-08-012024-07-31 SC775517core:WithinOneYear2024-07-31 SC775517core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 SC775517core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 SC775517core:PreviouslyStatedAmount2024-07-31 SC775517business:SmallEntities2023-08-012024-07-31 SC775517countries:Scotland2023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC775517 (Scotland)
Sherbrook Management Ltd Unaudited accounts for the year ended 31 July 2024
Sherbrook Management Ltd Unaudited accounts Contents
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Sherbrook Management Ltd Company Information for the year ended 31 July 2024
Director
Sherazia Amjad
Company Number
SC775517 (Scotland)
Registered Office
272 Bath Street, Scotland, Glasgow, G2 4JR United Kingdom
Accountants
AMS Accounting Services Ltd Chartered Certified Accountants 7 Callanish Crescent Newton Mearns Glasgow United Kingdom G77 5WT
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Sherbrook Management Ltd Statement of financial position as at 31 July 2024
2024 
Notes
£ 
Current assets
Debtors
9,110 
Cash at bank and in hand
53 
9,163 
Creditors: amounts falling due within one year
(10,391)
Net current liabilities
(1,228)
Net liabilities
(1,228)
Capital and reserves
Called up share capital
100 
Profit and loss account
(1,328)
Shareholders' funds
(1,228)
For the year ending 31 July 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 director acknowledges her 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 and authorised for issue on 12 April 2025 and were signed on its behalf by
Sherazia Amjad Director Company Registration No. SC775517
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Sherbrook Management Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Sherbrook Management Ltd is a private company, limited by shares, registered in Scotland, registration number SC775517. The registered office is 272, Bath Street,, Scotland,, Glasgow,, G2 4JR, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
9,110 
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Sherbrook Management Ltd Notes to the Accounts for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024 
£ 
Loans from directors
9,896 
Accruals
495 
10,391 
6
Average number of employees
During the year the average number of employees was 0.
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