SH GLOUCESTER QUAYS LIMITED

SH GLOUCESTER QUAYS LIMITED

SH GLOUCESTER QUAYS LIMITED - Company Information

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Company Registration No. 12244381 (England and Wales)
SH GLOUCESTER QUAYS LIMITED Unaudited accounts for the period from 1 April 2021 to 27 March 2022
SH GLOUCESTER QUAYS LIMITED Unaudited accounts Contents
Page
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SH GLOUCESTER QUAYS LIMITED Company Information for the period from 1 April 2021 to 27 March 2022
Director
Chadha, Sumit
Company Number
12244381 (England and Wales)
Registered Office
1ST FLOOR 10 SABRE CLOSE QUEDGELEY GLOUCESTER GL2 4NZ ENGLAND
Accountants
Virgate Accounts Ltd Olympus House Quedgeley Gloucester Gloucestershire GL2 4NF
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SH GLOUCESTER QUAYS LIMITED Statement of financial position as at 27 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
11,286 
11,286 
Tangible assets
5
27,279 
27,830 
38,565 
39,116 
Current assets
Inventories
7,680 
7,272 
Debtors
29,372 
23,587 
Cash at bank and in hand
874 
17,403 
37,926 
48,262 
Creditors: amounts falling due within one year
(73,009)
(206,270)
Net current liabilities
(35,083)
(158,008)
Total assets less current liabilities
3,482 
(118,892)
Creditors: amounts falling due after more than one year
(17,888)
(50,000)
Provisions for liabilities
Deferred tax
- 
(1,126)
Net liabilities
(14,406)
(170,018)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(14,416)
(170,028)
Shareholders' funds
(14,406)
(170,018)
For the period ending 27 March 2022 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 and authorised for issue on 10 February 2023 and were signed on its behalf by
Chadha, Sumit Director Company Registration No. 12244381
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SH GLOUCESTER QUAYS LIMITED Notes to the Accounts for the period from 1 April 2021 to 27 March 2022
1
Statutory information
SH GLOUCESTER QUAYS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12244381. The registered office is 1ST FLOOR 10 SABRE CLOSE, QUEDGELEY, GLOUCESTER, GL2 4NZ, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in the operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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:
Land & buildings
Straight Line over effective life - 5 years
Plant & machinery
Straight Line over effective life - 5 years
Fixtures & fittings
Straight Line over effective life - 5 years
Computer equipment
Straight Line over effective life - 3 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2021
11,286 
At 27 March 2022
11,286 
Amortisation
At 1 April 2021
- 
At 27 March 2022
- 
Net book value
At 27 March 2022
11,286 
At 31 March 2021
11,286 
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SH GLOUCESTER QUAYS LIMITED Notes to the Accounts for the period from 1 April 2021 to 27 March 2022
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2021
33,843 
Additions
6,205 
At 27 March 2022
40,048 
Depreciation
At 1 April 2021
6,013 
Charge for the period
6,756 
At 27 March 2022
12,769 
Net book value
At 27 March 2022
27,279 
At 31 March 2021
27,830 
6
Average number of employees
During the period the average number of employees was 35 (2021: 36).
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