Jeffrey Sherriff Limited
Registered number: 06175334
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 245 1,338
Current assets
Debtors 4 1,143 5,243
Cash at bank and in hand 5,994 1,248
7,137 6,491
Creditors: amounts falling due within one year 5 (4,591) (3,841)
Net current assets 2,546 2,650
Total assets less current liabilities 2,791 3,988
Creditors: amounts falling due after more than one year 6 (1,733) (3,819)
Net assets 1,058 169
Capital and reserves
Called up share capital 100 100
Profit and loss account 958 69
Shareholder's funds 1,058 169
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jeffrey Sherriff Esq
Director
Approved by the board on 14 June 2025
Jeffrey Sherriff Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
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