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Registered number: 09159110
Sherwood Property Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Property Accounting Here Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09159110
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,000 10,000
Tangible Assets 5 16,225 12,803
26,225 22,803
CURRENT ASSETS
Debtors 6 - 2,750
Cash at bank and in hand 12,630 26,971
12,630 29,721
Creditors: Amounts Falling Due Within One Year 7 (7,495 ) (31,621 )
NET CURRENT ASSETS (LIABILITIES) 5,135 (1,900 )
TOTAL ASSETS LESS CURRENT LIABILITIES 31,360 20,903
Creditors: Amounts Falling Due After More Than One Year 8 (28,926 ) (34,790 )
NET ASSETS/(LIABILITIES) 2,434 (13,887 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 2,433 (13,888 )
SHAREHOLDERS' FUNDS 2,434 (13,887)
Page 1
Page 2
For the year ending 31 August 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 Ryan Taylor
Director
1st May 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sherwood Property Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09159110 . The registered office is 711 Marco Island, Huntingdon Street, Nottingham, NG1 1AS.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2024 10,000
As at 31 August 2025 10,000
Net Book Value
As at 31 August 2025 10,000
As at 1 September 2024 10,000
Page 3
Page 4
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2024 - 1,944 10,859 12,803
Additions 7,479 - - 7,479
As at 31 August 2025 7,479 1,944 10,859 20,282
Depreciation
As at 1 September 2024 - - - -
Provided during the period 1,496 389 2,172 4,057
As at 31 August 2025 1,496 389 2,172 4,057
Net Book Value
As at 31 August 2025 5,983 1,555 8,687 16,225
As at 1 September 2024 - 1,944 10,859 12,803
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 2,750
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) 487
Other creditors 7,496 28,704
Taxation and social security - 2,430
7,495 31,621
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 28,926 34,790
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4