Company Registration No. 01274729 (England and Wales)
S.H. Trading Limited
Unaudited accounts
for the year ended 31 August 2020
S.H. Trading Limited
Unaudited accounts
Contents
S.H. Trading Limited
Company Information
for the year ended 31 August 2020
Company Number
01274729 (England and Wales)
Registered Office
Hallswelle House
1 Hallswelle Road
London
NW11 0DH
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
S.H. Trading Limited
Statement of financial position
as at 31 August 2020
Cash at bank and in hand
3,028
646
Creditors: amounts falling due within one year
(151,038)
(94,940)
Net current assets
1,279
575,246
Called up share capital
100
100
Profit and loss account
1,179
575,146
Shareholders' funds
1,279
575,246
For the year ending 31 August 2020 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.
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 12 April 2021 and were signed on its behalf by
Mr S J Hurwitz
Director
Company Registration No. 01274729
S.H. Trading Limited
Notes to the Accounts
for the year ended 31 August 2020
S.H. Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 01274729. The registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Other debtors
149,256
669,540
Total debtors less than one year
149,289
669,540
Total debtors
149,289
669,540
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
16,595
19,956
Other creditors
132,118
72,384
Loans from directors
1,325
-
S.H. Trading Limited
Notes to the Accounts
for the year ended 31 August 2020
6
Transactions with related parties
Included within other creditors is an amount of £1,325 due to a director of the company (2019: £498,250 included within other debtors and due from a director).
Interest of £13,785 (2019: £11,967) has been charged on the overdrawn loan amount.
7
Average number of employees
During the year the average number of employees was 1 (2019: 1).