Sharp & Flask Limited

Sharp & Flask Limited
Contents Page
For the year ended 28 February 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Sharp & Flask Limited Accountants' Report For the year ended 28 February 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 28 February 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. SUPREME CLASS LIMITED 28 February 2025 .................................................... SUPREME CLASS LIMITED 2b High Street Camberley, Surrey United Kingdom GU15 3SX 15 September 2025 1

Sharp & Flask Limited
Accountants' Report
For the year ended 28 February 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 28 February 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
SUPREME CLASS LIMITED
28 February 2025

....................................................

SUPREME CLASS LIMITED
2b High Street
Camberley, Surrey
United Kingdom
GU15 3SX
15 September 2025

1

Sharp & Flask Limited
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	18,134	22,115
		18,134	22,115
Current assets
Debtors: amounts falling due within one year		10,469	10,030
Debtors: amounts falling due after one year		61,336	47,055
Cash at bank and in hand		(9,383)	71
		62,422	57,156
Creditors: amount falling due within one year		(4,802)	(4,483)
Net current assets		57,620	52,673

Total assets less current liabilities		75,754	74,788
Creditors: amount falling due after more than one year		(3,301)	(6,747)
Provisions for liabilities		(57)	(192)
Net assets		72,396	67,849

Capital and reserves
Called up share capital		1	1
Profit and loss account		72,395	67,848
Shareholders' funds		72,396	67,849

For the year ended 28 February 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 accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 01 August 2025 and were signed by:

-------------------------------
Danilo Di Giulio Cesare
Director

2

Sharp & Flask Limited
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

Sharp & Flask Limited is a private company, limited by shares, registered in England and Wales, registration number 09434707, registration address 2b High Street , Camberley, Surrey , United Kingdom, GU15 3SX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Cost of sales

Cost of sales are direct cost that are associated in generating the revenue for this reporting period.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

The corporation tax is based on the taxable total profit of the period ended 29/02/2020

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery etc

18

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 March 2024	54,570	54,570
Additions	-	-
Disposals	-	-
At 28 February 2025	54,570	54,570
Depreciation
At 01 March 2024	32,455	32,455
Charge for year	3,981	3,981
On disposals	-	-
At 28 February 2025	36,436	36,436
Net book values
Closing balance as at 28 February 2025	18,134	18,134
Opening balance as at 01 March 2024	22,115	22,115

3

Registered Number: 09434707
England and Wales
SHARP & FLASK LIMITED

Abridged Accounts

Period of accounts Start date: 01 March 2024 End date: 28 February 2025