REGISTERED NUMBER: 05855304 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sherringtons Accountants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A P Sherrington

SECRETARY:

Mrs D R Sherrington

REGISTERED OFFICE:

South Building

Upper Farm

Wootton St Lawrence

Basingstoke

Hampshire

RG23 8PE

REGISTERED NUMBER:

05855304 (England and Wales)

ACCOUNTANTS:

Weller Mackrill

Chartered Certified Accountants

South Building

Upper Farm

Wootton St Lawrence

Basingstoke

Hampshire

RG23 8PE

FIXED ASSETS

Tangible assets

4

2

2

Investments

5

223,607

287,494

223,609

287,496

CURRENT ASSETS

Debtors

6

24,897

20,044

Cash at bank

31,936

16,347

56,833

36,391

CREDITORS

Amounts falling due within one year

7

(117,369

)

(128,829

)

NET CURRENT LIABILITIES

(60,536

)

(92,438

)

TOTAL ASSETS LESS CURRENT LIABILITIES

163,073

195,058

CREDITORS

Amounts falling due after more than one year

8

(19,530

)

(22,905

)

NET ASSETS

143,543

172,153

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

143,443

172,053

SHAREHOLDERS' FUNDS

143,543

172,153

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

A P Sherrington - Director

1.	STATUTORY INFORMATION

Sherringtons Accountants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at various annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at their original cost of acquisition less any adjustment required to more accurately reflect their current value at the balance sheet date.

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 tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

890

2,634

3,524

DEPRECIATION

At 1 January 2024

and 31 December 2024

889

2,633

3,522

NET BOOK VALUE

At 31 December 2024

1

1

2

At 31 December 2023

1

1

2

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

287,494

Impairments

(63,887

)

At 31 December 2024

223,607

NET BOOK VALUE

At 31 December 2024

223,607

At 31 December 2023

287,494

On 2 July 2018 the company purchased 100% of the share capital of Weller Mackrill Ltd. The value of the investment has declined as a result of changes in legislation concerning the taxation of off payroll workers.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

24,620

17,811

Other debtors

277

2,233

24,897

20,044

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Taxation and social security

55,809

57,321

Other creditors

51,560

61,508

117,369

128,829

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

19,530

22,905

9.	SECURED DEBTS

There were no secured debts at the balance sheet date.