ACCOUNTS - Final Accounts

SHERBORNE SELECTION LIMITED - Company Information

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Registered number: 07259421

SHERBORNE SELECTION LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2021

SHERBORNE SELECTION LIMITED

REGISTERED NUMBER: 07259421

BALANCE SHEET

AS AT 30 APRIL 2021

		2021		2020
Note		£		£


Current assets
Debtors: amounts falling due within one year	3	100		100
		100		100
Total assets less current liabilities			100		100

Net assets			100		100

Capital and reserves
Called up share capital	4	100	100
		100	100

For the year ended 30 April 2021 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

C A Howes

Director

Date: 16 November 2021

The notes on page 2 form part of these financial statements.

Page 1

SHERBORNE SELECTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2021

1.	General information

Sherborne Selection Limited is a private company limited by shares and registered in England and Wales. The company's registered office is Advantage 1st Floor, Castle Street, Reading, Berkshire, RG1 7SN.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The company remained dormant during the year ended 30 April 2021.

2.2

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debtors

					2021	2020
					£	£


Called up share capital not paid	100	100
	100	100

4.	Share capital
		2021	2020
		£	£

Allotted, called up and partly paid

100 (2020 - 100) Ordinary shares of £1.00 each	100	100

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