Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30The company's principal activity during the year was that of children's entertainers, event planning for adults and children.26The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-10-01false24falsetruefalse 06224400 2023-10-01 2024-09-30 06224400 2022-10-01 2023-09-30 06224400 2024-09-30 06224400 2023-09-30 06224400 c:Director2 2023-10-01 2024-09-30 06224400 d:PlantMachinery 2023-10-01 2024-09-30 06224400 d:PlantMachinery 2024-09-30 06224400 d:PlantMachinery 2023-09-30 06224400 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06224400 d:MotorVehicles 2023-10-01 2024-09-30 06224400 d:MotorVehicles 2024-09-30 06224400 d:MotorVehicles 2023-09-30 06224400 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06224400 d:FurnitureFittings 2023-10-01 2024-09-30 06224400 d:FurnitureFittings 2024-09-30 06224400 d:FurnitureFittings 2023-09-30 06224400 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06224400 d:ComputerEquipment 2023-10-01 2024-09-30 06224400 d:ComputerEquipment 2024-09-30 06224400 d:ComputerEquipment 2023-09-30 06224400 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06224400 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06224400 d:ComputerSoftware 2024-09-30 06224400 d:ComputerSoftware 2023-09-30 06224400 d:CurrentFinancialInstruments 2024-09-30 06224400 d:CurrentFinancialInstruments 2023-09-30 06224400 d:Non-currentFinancialInstruments 2024-09-30 06224400 d:Non-currentFinancialInstruments 2023-09-30 06224400 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 06224400 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 06224400 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 06224400 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 06224400 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 06224400 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 06224400 d:ShareCapital 2024-09-30 06224400 d:ShareCapital 2023-09-30 06224400 d:RetainedEarningsAccumulatedLosses 2024-09-30 06224400 d:RetainedEarningsAccumulatedLosses 2023-09-30 06224400 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 06224400 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 06224400 d:TaxLossesCarry-forwardsDeferredTax 2024-09-30 06224400 d:TaxLossesCarry-forwardsDeferredTax 2023-09-30 06224400 d:OtherDeferredTax 2024-09-30 06224400 d:OtherDeferredTax 2023-09-30 06224400 c:FRS102 2023-10-01 2024-09-30 06224400 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 06224400 c:FullAccounts 2023-10-01 2024-09-30 06224400 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06224400 d:WithinOneYear 2024-09-30 06224400 d:WithinOneYear 2023-09-30 06224400 d:BetweenOneFiveYears 2024-09-30 06224400 d:BetweenOneFiveYears 2023-09-30 06224400 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 06224400 2 2023-10-01 2024-09-30 06224400 d:ComputerSoftware d:OwnedIntangibleAssets 2023-10-01 2024-09-30 06224400 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 06224400










SHARKY AND GEORGE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
SHARKY AND GEORGE LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SHARKY AND GEORGE LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sharky and George Limited for the year ended 30 September 2024 which comprise  the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of directors of Sharky and George Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Sharky and George Limited and state those matters that we have agreed to state to the Board of directors of Sharky and George Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sharky and George Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Sharky and George Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sharky and George Limited. You consider that Sharky and George Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Sharky and George Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Xeinadin London Limited
 
Accountants
  
8th Floor
Becket House
36 Old Jewry
London
EC2R 8DD
27 June 2025
Page 1

 
SHARKY AND GEORGE LIMITED
REGISTERED NUMBER: 06224400

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
42,388
41,730

Tangible assets
 5 
36,401
42,699

  
78,789
84,429

Current assets
  

Debtors: amounts falling due within one year
 6 
1,085,035
1,085,639

Cash at bank and in hand
 7 
338,020
103,440

  
1,423,055
1,189,079

Creditors: amounts falling due within one year
 8 
(713,080)
(542,936)

Net current assets
  
 
 
709,975
 
 
646,143

Total assets less current liabilities
  
788,764
730,572

Creditors: amounts falling due after more than one year
 9 
(37,500)
(87,500)

Provisions for liabilities
  

Deferred tax
 11 
(4,995)
(9,751)

  
 
 
(4,995)
 
 
(9,751)

Net assets
  
746,269
633,321


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
746,259
633,311

  
746,269
633,321


Page 2

 
SHARKY AND GEORGE LIMITED
REGISTERED NUMBER: 06224400
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 June 2025.




Mr C J Astor
Director

The notes on pages 4 to 12 form part of these financial statements.

Page 3

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Sharky and George Limited is a private company, limited by shares, incorporated in England and Wales. The registered office address is shown in the company information page. 
The company's principal activity during the year was that of children's entertainers, event planning for adults and children.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

  
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the
Company and the revenue can be reliably measured. Revenue is measured as the fair value of the
consideration received or receivable, excluding discounts, rebates, value added tax and other sales
taxes.
Revenue is recognised at the point when the event takes place.

Page 4

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 5

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.10

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.11

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 6

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.11
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
25% reducing balance
Computer equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 7

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.16

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 24 (2023 - 26).


4.


Intangible assets




Computer software

£



Cost


At 1 October 2023
153,629


Additions
27,299



At 30 September 2024

180,928



Amortisation


At 1 October 2023
111,899


Charge for the year on owned assets
26,641



At 30 September 2024

138,540



Net book value



At 30 September 2024
42,388



At 30 September 2023
41,730



Page 8

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
63,689
24,500
84,949
29,354
202,492


Additions
-
-
862
4,371
5,233



At 30 September 2024

63,689
24,500
85,811
33,725
207,725



Depreciation


At 1 October 2023
61,805
22,884
58,408
16,696
159,793


Charge for the year on owned assets
471
404
6,815
3,841
11,531



At 30 September 2024

62,276
23,288
65,223
20,537
171,324



Net book value



At 30 September 2024
1,413
1,212
20,588
13,188
36,401



At 30 September 2023
1,884
1,616
26,541
12,658
42,699


6.


Debtors

2024
2023
£
£


Trade debtors
256,245
254,866

Other debtors
720,095
706,367

Prepayments and accrued income
104,231
124,406

Tax recoverable
4,464
-

1,085,035
1,085,639


Page 9

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
338,020
103,440

338,020
103,440



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
50,000
50,000

Trade creditors
90,973
99,202

Corporation tax
115,819
2,815

Other taxation and social security
113,325
152,489

Other creditors
93,590
66,487

Accruals and deferred income
249,373
171,943

713,080
542,936



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
37,500
87,500

37,500
87,500


The following liabilities were secured:

2024
2023
£
£



Bank loan
87,500
137,500

87,500
137,500

Details of security provided:

The company has a secured loan with HSBC UK Bank plc. The loan is secured by way of a debenture which contains a fixed and floating charge. The floating charge covers all the property or undertaking of the company.

Page 10

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
50,000
50,000


50,000
50,000


Amounts falling due 2-5 years

Bank loans
37,500
87,500


37,500
87,500


87,500
137,500



11.


Deferred taxation




2024


£






At beginning of year
(9,751)


Charged to the profit or loss
4,756



At end of year
(4,995)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(5,343)
(10,686)

Losses and other deductions
-
536

Other short term timing differences
348
399

(4,995)
(9,751)

Page 11

 
SHARKY AND GEORGE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £19,399 (2023 - £18,720). Contributions totalling £3,348 (2023 - £3,691) were payable to the fund at the reporting date and are included in creditors.


13.


Commitments under operating leases

At 30 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
57,600
-

Later than 1 year and not later than 5 years
-
154,000

57,600
154,000


14.


Controlling party

The company is under the joint control of the directors by virtue of their shareholdings.

 
Page 12