Company Registration No. 14126048 (England and Wales)
Sherwood Holiday Lets Ltd
Unaudited accounts
for the year ended 31 March 2026
Sherwood Holiday Lets Ltd
Unaudited accounts
Contents
Sherwood Holiday Lets Ltd
Company Information
for the year ended 31 March 2026
Directors
SHERWOOD, Christopher Antony
SHERWOOD, Rachel Elizabeth
Company Number
14126048 (England and Wales)
Registered Office
32 Main Street
Fleckney
Leicester
England
LE8 8AN
United Kingdom
Sherwood Holiday Lets Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
5,800
7,916
Investment property
149,284
149,284
Cash at bank and in hand
3,210
7,440
Creditors: amounts falling due within one year
(113,694)
(119,514)
Net current liabilities
(89,817)
(91,782)
Total assets less current liabilities
65,267
65,418
Creditors: amounts falling due after more than one year
(95,646)
(97,596)
Net liabilities
(30,379)
(32,178)
Called up share capital
2
2
Profit and loss account
(30,381)
(32,180)
Shareholders' funds
(30,379)
(32,178)
For the year ending 31 March 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by
SHERWOOD, Rachel Elizabeth
Director
Company Registration No. 14126048
Sherwood Holiday Lets Ltd
Notes to the Accounts
for the year ended 31 March 2026
Sherwood Holiday Lets Ltd is a private company, limited by shares, registered in England and Wales, registration number 14126048. The registered office is 32 Main Street, Fleckney, Leicester, England, LE8 8AN, United Kingdom.
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.
The accounts have been prepared on the going concern basis. The directors believe this to be appropriate as they have expressed their willingness to support the business financially for the forseable future.
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from
changes in fair value is recognised in profit or loss.
Investment property is initially recorded at cost, which includes purchase price and any directly
attributable expenditure.
Investment property is revalued to its fair value at each reporting date and any changes in fair value
are recognised in profit or loss.
If a reliable measure of fair value is no longer available without undue cost or effort for an item of
investment property, it shall be transferred to tangible assets and treated as such until it is expected
that fair value will be reliably measurable on an on-going basis.
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:
Motor vehicles
25% Reducing Balance
Computer equipment
Straight line over 3 years
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Sherwood Holiday Lets Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
15,000
596
15,596
At 31 March 2026
15,000
596
15,596
At 1 April 2025
7,266
414
7,680
Charge for the year
1,934
182
2,116
At 31 March 2026
9,200
596
9,796
At 31 March 2026
5,800
-
5,800
At 31 March 2025
7,734
182
7,916
Fair value at 1 April 2025
149,284
Amounts falling due within one year
Amounts due from group undertakings etc.
13,105
13,105
7
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
1,950
1,950
Amounts owed to group undertakings and other participating interests
61,508
61,508
Loans from directors
49,736
54,340
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
1,625
3,575
Sherwood Holiday Lets Ltd
Notes to the Accounts
for the year ended 31 March 2026
9
Capital commitments
2026
2025
A charge over the company's assets has been registered in favour of MTF (LE) Limited and Paratus AMC Limited in connection with the company's borrowing arrangements.
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
SHERWOOD, Christopher Antony
Directors Loan
(27,170)
2,500
198
(24,868)
SHERWOOD, Rachel Elizabeth
Directors Loan
(27,170)
2,500
198
(24,868)
(54,340)
5,000
396
(49,736)
11
Average number of employees
During the year the average number of employees was 2 (2025: 2).