2023-08-16 2024-08-31 15077487 SHERWIN SNOWFOX LIMITED false 15077487 2023-08-16 2024-08-31 15077487 uk-bus:Director1 2023-08-16 2024-08-31 15077487 uk-bus:AuditExempt-NoAccountantsReport 2023-08-16 2024-08-31 15077487 uk-bus:SmallEntities 2023-08-16 2024-08-31 15077487 uk-bus:FullAccounts 2023-08-16 2024-08-31 15077487 uk-bus:PrivateLimitedCompanyLtd 2023-08-16 2024-08-31 15077487 2023-08-16 15077487 2024-08-31 15077487 2023-08-31 xbrli:pure iso4217:GBP 15077487 2022-08-16 2023-08-31
Company Registration Number : 15077487 (England and Wales)
15077487
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-08-31
false
SHERWIN SNOWFOX LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-08-16
SHERWIN SNOWFOX LIMITED
Unaudited filleted financial statements
For 382 days period from 16 August 2023 to 31 August 2024
SHERWIN SNOWFOX LIMITED
Contents
For 382 days period from 16 August 2023 to 31 August 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


SHERWIN SNOWFOX LIMITED
Company Information
For 382 days period from 16 August 2023 to 31 August 2024

Company registration number 15077487 (England and Wales)
Directors Kavita Narula
Pardeep Singh
Registered office address 52 Sydney Road
London
W13 9EY
SHERWIN SNOWFOX LIMITED
Statement of Financial Position
For 382 days period from 16 August 2023 to 31 August 2024

2024
Notes £
Fixed assets
Intangible assets 12,600
Property, plant and equipment 1,100
13,700
Current assets
Debtors 5 28,298
Cash and cash equivalents 190,586
218,885
Current liabilities
Creditors: Amounts falling due within one year 6 (197,859)
Corporation tax payable (6,389)
(204,248)
Net current assets/(liabilities) 14,637
Total assets less current liabilities 28,337
Net assets/(liabilities) 28,337
Capital and reserves
Called up share capital 2
Retained earnings 28,335
Shareholder's funds 28,337
For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 August 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 10 May 2025
.............................
Pardeep Singh (Director)
Company registration number: 15077487
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-08-31 31 August 2024
2024
£
Fixed Assets 13,700
Current Assets 218,885
Creditors: amounts falling due within one year (204,248)
Net current assets/(liabilities) 14,637
Total assets less current liabilities 28,337
Net Assets/(liabilities) 28,337
Capital and Reserves 28,337
For the year ending 31/08/2024 the company was entitled to exemption 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. For the year ending 31-08-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year 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 accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 10 May 2025 2025-05-10 and signed on behalf of the board,
.............................
Pardeep SINGH
Director
Company registration number: 15077487
SHERWIN SNOWFOX LIMITED
Notes to the Financial Statements
For 382 days period from 16 August 2023 to 31 August 2024

(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 52 Sydney Road, London, W13 9EY.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Development costs - Franchise fee
Development costs is stated at cost less accumulated depreciation and any accumulated impairment losses. It is amortised over its estimated life of {5} years using the straight-line method. If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment33% straight line
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the period, the average number of employees including director was 10 .

(5) Debtors
Amounts falling due within one year
2024
£
Other debtors 28,298
28,298

(6) Creditors: Amounts falling due within one year
2024
£
Other taxes and social security 7,595
Other creditors 190,264
197,859

(7) Related party transactions
1. The business owes to The Sherwin Group Limited GBP 13,700 at year end date 31/08/2024.

2. The business owes to Sherwin Instore Limited GBP 145,195 at year end date 31/08/2024.

(8) Ultimate controlling party
The directors consider that Mr Pardeep Singh is the controlling party. The business owes to the director GBP 8,368 at year end date 31/08/2024.

(9) Short Term Loan
The business has provided loan to employee during the year. The short term loan balance at year end date 31/08/2024 is GBP 1,688.

(10) Mettle Saving POT
The business has deposited income in Mettle saving POT account. The closing balance at year end 31/08/2024 is GBP 83,433.