SHERGS LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15440922

		31 January 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		174,503

			174,503
CURRENT ASSETS
Debtors	5	450
Cash at bank and in hand		15,456

		15,906
Creditors: Amounts Falling Due Within One Year	6	(127,960 )

NET CURRENT ASSETS (LIABILITIES)			(112,054 )

TOTAL ASSETS LESS CURRENT LIABILITIES			62,449

Creditors: Amounts Falling Due After More Than One Year	7		(63,889 )

NET LIABILITIES			(1,440 )

CAPITAL AND RESERVES
Called up share capital	8		1
Profit and Loss Account			(1,441 )

SHAREHOLDERS' FUNDS			(1,440)

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SHERGS LIMITED

Balance Sheet (continued)

As At 31 January 2025

For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Harman Shergill

Director

30/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

SHERGS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 15440922 . The registered office is Suite P006, 90 Sanvey Gate, Leicester, Leicestershire, LE1 4BQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

4. Tangible Assets

	Investment Properties
	£
Cost
As at 24 January 2024	-
Additions	174,503

As at 31 January 2025	174,503

Net Book Value
As at 31 January 2025	174,503

As at 24 January 2024	-

5. Debtors

	31 January 2025
	£
Due within one year
Other debtors	450

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SHERGS LIMITED

Notes to the Financial Statements (continued)

For the Period 24 January 2024 to 31 January 2025

6. Creditors: Amounts Falling Due Within One Year

	31 January 2025
	£
Other creditors	127,960

7. Creditors: Amounts Falling Due After More Than One Year

	31 January 2025
	£
Mortgage Loans	63,889

8. Share Capital

	31 January 2025
	£
Allotted, Called up and fully paid	1

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