Company Registration No. 07935027 (England and Wales)
Shared Business Services Limited
Unaudited accounts
for the year ended 28 February 2025
Shared Business Services Limited
Unaudited accounts
Contents
Shared Business Services Limited
Company Information
for the year ended 28 February 2025
Company Number
07935027 (England and Wales)
Registered Office
43A CHARLES STREET
EPPING
ESSEX
CM16 7AU
Accountants
Shared Business Services Ltd t/a Accounts4all
43a Charles Street
Epping
Essex
CM16 7AU
Shared Business Services Limited
Statement of financial position
as at 28 February 2025
Tangible assets
2,338
2,651
Cash at bank and in hand
29,763
17,793
Creditors: amounts falling due within one year
(10,798)
(8,182)
Net current assets
22,700
16,544
Called up share capital
10
10
Profit and loss account
25,028
19,185
Shareholders' funds
25,038
19,195
For the year ending 28 February 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board and authorised for issue on 1 October 2025 and were signed on its behalf by
Peter Matheson
Director
Company Registration No. 07935027
Shared Business Services Limited
Notes to the Accounts
for the year ended 28 February 2025
Shared Business Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07935027. The registered office is 43A CHARLES STREET, EPPING, ESSEX, CM16 7AU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
20% reducing balance method
Computer equipment
20% reducing balance method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2024
684
4,610
5,294
At 28 February 2025
684
4,901
5,585
At 1 March 2024
219
2,424
2,643
Charge for the year
137
467
604
At 28 February 2025
356
2,891
3,247
At 28 February 2025
328
2,010
2,338
At 29 February 2024
465
2,186
2,651
Amounts falling due within one year
Shared Business Services Limited
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
5,392
3,748
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).