SHARPCLAD LTD - Filleted accounts

Registered number

13840175

SHARPCLAD LTD

Filleted Accounts

31 January 2026

SHARPCLAD LTD
Registered number:		13840175
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		8,075			15,501

Current assets
Debtors	4	45,153			32,356
Cash at bank and in hand		-			1,403
		45,153			33,759

Creditors: amounts falling due within one year	5	(38,350)			(30,718)

Net current assets			6,803			3,041

Total assets less current liabilities			14,878			18,542

Creditors: amounts falling due after more than one year	6		(10,015)			(16,486)



Net assets			4,863			2,056

Capital and reserves
Called up share capital			100			100
Profit and loss account			4,763			1,956

Shareholder's funds			4,863			2,056

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Danny Sharp
Director
Approved by the board on 19 October 2026

SHARPCLAD LTD
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicle	20% straight line
	Fixtures, fittings, tools and equipment	33.3% straight line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Fixtures, fittings, tools and equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	4,765		32,432		37,197
	At 31 January 2026	4,765		32,432		37,197

	Depreciation
	At 1 February 2025	2,237		19,459		21,696
	Charge for the year	940		6,486		7,426
	At 31 January 2026	3,177		25,945		29,122

	Net book value
	At 31 January 2026	1,588		6,487		8,075
	At 31 January 2025	2,528		12,973		15,501


4	Debtors			2026		2025
£					£

	Trade debtors			45,153		32,356


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			500		-
	Trade creditors			6,896		-
	Taxation and social security costs			44,259		31,311
	Other creditors			(13,305)		(593)
				38,350		30,718


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			10,015		16,486


7	Controlling party

	During the year, the company was wholly under the control of the director.


8	Other information

	SHARPCLAD LTD is a private company limited by shares and incorporated in England. Its registered office is:
	8 The Cherwell
	Daventry
	Northamptonshire
	United Kingdom
	NN11 4QJ