1 August 2024 v2025.65.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP091223352024-08-012025-07-31091223352025-07-31091223352024-07-3109122335core:WithinOneYear2025-07-3109122335core:WithinOneYear2024-07-3109122335core:AfterOneYear2025-07-3109122335core:ShareCapital2025-07-3109122335core:ShareCapital2024-07-3109122335core:RetainedEarningsAccumulatedLosses2025-07-3109122335core:RetainedEarningsAccumulatedLosses2024-07-3109122335bus:Director12024-08-012025-07-3109122335bus:RegisteredOffice2024-08-012025-07-3109122335core:PlantMachinery2024-08-012025-07-3109122335core:OfficeEquipment2024-08-012025-07-31091223352023-08-012024-07-31091223352024-08-0109122335countries:EnglandWales2024-08-012025-07-3109122335bus:AuditExemptWithAccountantsReport2024-08-012025-07-3109122335bus:PrivateLimitedCompanyLtd2024-08-012025-07-3109122335bus:SmallEntities2024-08-012025-07-3109122335bus:AbridgedAccounts2024-08-012025-07-31
Company registration number:
09122335
R. D. Sharman Ltd
Unaudited Filleted Abridged Financial Statements for the year ended
31 July 2025
R. D. Sharman Ltd
Abridged Statement of Financial Position
31 July 2025
20252024
Note££
Fixed assets    
Tangible assets 5
50,547
 
27,897
 
Current assets    
Debtors
17,407
 
5,272
 
Cash at bank and in hand
1,904
 
2,190
 
19,311
 
7,462
 
Creditors: amounts falling due within one year
(34,216
 )
(35,651
 )
Net current liabilities
(14,905
 )
(28,189
 )
Total assets less current liabilities 35,642   (292 )
Creditors: amounts falling due after more than one year
(15,929
 ) -  
Net assets/(liabilities)
19,713
 
(292
 )
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
19,711
 
(294
 )
Shareholders funds/(deficit)
19,713
 
(292
 )
For the year ending
31 July 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position for the year ended
31 July 2025
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged 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.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
8 October 2025
, and are signed on behalf of the board by:
Mr R Sharman
Director
Company registration number:
09122335
R. D. Sharman Ltd
Notes to the Abridged Financial Statements
Year ended
31 July 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
54 Cloisters Way
,
St. Georges
,
Telford
,
Shropshire
,
TF2 9FY
, England.

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
25% reducing balance
Office equipment
33% straight line

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
2.00
).

5 Fixed assets

Tangible assets
£
Cost  
At
1 August 2024
75,170
 
Additions
40,400
 
Disposals
(9,000
 )
At
31 July 2025
106,570
 
Depreciation  
At
1 August 2024
47,273
 
Charge
16,849
 
Disposals
(8,099
 )
At
31 July 2025
56,023
 
Carrying amount  
At
31 July 2025
50,547
 
At 31 July 2024
27,897