Edward Shepherd Associates Ltd - Accounts to registrar (filleted) - small 18.2
Edward Shepherd Associates Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 28 February 2022 |
| for |
| EDWARD SHEPHERD ASSOCIATES LTD |
| EDWARD SHEPHERD ASSOCIATES LTD (REGISTERED NUMBER: 11226543) |
| Contents of the Financial Statements |
| for the Year Ended 28 FEBRUARY 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Report of the Accountants | 6 |
| EDWARD SHEPHERD ASSOCIATES LTD |
| Company Information |
| for the Year Ended 28 FEBRUARY 2022 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 26 Bolingbroke Road |
| Norwich |
| Norfolk |
| NR3 2SH |
| EDWARD SHEPHERD ASSOCIATES LTD (REGISTERED NUMBER: 11226543) |
| Balance Sheet |
| 28 FEBRUARY 2022 |
| 28.2.22 | 28.2.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| EDWARD SHEPHERD ASSOCIATES LTD (REGISTERED NUMBER: 11226543) |
| Balance Sheet - continued |
| 28 FEBRUARY 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| EDWARD SHEPHERD ASSOCIATES LTD (REGISTERED NUMBER: 11226543) |
| Notes to the Financial Statements |
| for the Year Ended 28 FEBRUARY 2022 |
| 1. | STATUTORY INFORMATION |
| Edward Shepherd Associates Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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. |
| Government grants and financing |
| Government grants have been treated as income and are shown as Other Income in the accounts. Government backed loans are shown as Other Creditors on the balance sheet. Government funded interest has been treated as income shown as Other income and Interest expense on the Profit and Loss. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| EDWARD SHEPHERD ASSOCIATES LTD (REGISTERED NUMBER: 11226543) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 FEBRUARY 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 March 2021 |
| and 28 February 2022 |
| DEPRECIATION |
| At 1 March 2021 |
| Charge for year |
| At 28 February 2022 |
| NET BOOK VALUE |
| At 28 February 2022 |
| At 28 February 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 28.2.22 | 28.2.21 |
| £ | £ |
| Other creditors |
| EDWARD SHEPHERD ASSOCIATES LTD |
| Report of the Accountants to the Director of |
| Edward Shepherd Associates Ltd |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2022 set out on pages three to seven and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 26 Bolingbroke Road |
| Norwich |
| Norfolk |
| NR3 2SH |