2024-04-01 09170959 2025-03-31 09170959 2024-04-01 2025-03-31 09170959 2024-03-31 09170959 2023-04-01 2024-03-31 09170959 uk-core:WithinOneYear 2024-03-31 09170959 uk-core:WithinOneYear 2025-03-31 09170959 uk-core:ShareCapital 2025-03-31 09170959 uk-core:ShareCapital 2024-03-31 09170959 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 09170959 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 09170959 uk-bus:Director1 2024-04-01 2025-03-31 09170959 uk-core:NetGoodwill 2024-04-01 2025-03-31 09170959 uk-core:PlantMachinery 2024-04-01 2025-03-31 09170959 uk-core:CommercialMotorVehicles 2024-04-01 2025-03-31 09170959 uk-core:FurnitureFittings 2024-04-01 2025-03-31 09170959 uk-core:Goodwill 2024-03-31 09170959 uk-core:Goodwill 2025-03-31 09170959 uk-core:FurnitureFittings 2024-03-31 09170959 uk-core:CommercialMotorVehicles 2024-03-31 09170959 uk-core:PlantMachinery 2024-03-31 09170959 uk-core:PlantMachinery 2025-03-31 09170959 uk-core:CommercialMotorVehicles 2025-03-31 09170959 uk-core:FurnitureFittings 2025-03-31 iso4217:GBP xbrli:pure 09170959 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09170959 uk-bus:FRS102 2024-04-01 2025-03-31 09170959 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 09170959 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Sheaf Valley Kitchens Limited
Registered Number:09170959
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Sheaf Valley Kitchens Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
09170959
As at 31 March 2025
Sheaf Valley Kitchens Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
15,607
19,195
3
15,607
19,195
Current assets
Trade and other receivables
-
1,299
4
101,210
Cash and cash equivalents
109,318
110,617
101,210
Trade and other payables: amounts falling due within one
year
(19,042)
(14,709)
5
82,168
95,908
Net current assets
Total assets less current liabilities
111,515
101,363
111,515
Net assets
101,363
Capital and reserves
Called up share capital
100
100
Retained earnings
111,415
101,263
111,515
101,363
Shareholders' funds
For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Rob Fearn Director
These financial statements were approved and authorised for issue by the Board on 13 May 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2025
Sheaf Valley Kitchens Limited
Notes to the Financial Statements
Statutory Information
Sheaf Valley Kitchens Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09170959.
Registered address:
11 Burn Grove
Chapeltown
Sheffield
S35 1SN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 5 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
20% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 March 2025
Sheaf Valley Kitchens Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2024
10,000
At 31 March 2025
10,000
Amortisation
At 01 April 2024
10,000
At 31 March 2025
10,000
Net book value
At 31 March 2025
-
At 31 March 2024
-
3. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 April 2024
33,230
2,009
16,667
14,554
At 31 March 2025
14,554
16,667
2,009
33,230
Provision for depreciation and impairment
At 01 April 2024
14,035
498
2,500
11,037
Charge for year
3,588
227
2,833
528
At 31 March 2025
17,623
725
5,333
11,565
At 31 March 2025
Net book value
2,989
11,334
1,284
15,607
At 31 March 2024
3,517
14,167
1,511
19,195
4. Trade and other receivables
2024
2025
£
£
Trade debtors
1,299
-
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6
For the year ended 31 March 2025
Sheaf Valley Kitchens Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
128
2,411
Taxation and social security
13,856
16,001
Other creditors
725
630
14,709
19,042
6. Average number of persons employed
During the year the average number of employees was 2 (2024 : 2)
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