P & N Shorrock Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08349571 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2021

for

P & N Shorrock Associates Limited

Page

Balance Sheet

1

CURRENT ASSETS

25,226

29,616

CREDITORS

Amounts falling due within one year

(1,849

)

(29,103

)

NET CURRENT ASSETS

23,377

513

TOTAL ASSETS LESS CURRENT LIABILITIES

23,377

513

CREDITORS

Amounts falling due after more than one year

25,000

-

NET (LIABILITIES)/ASSETS

(1,623

)

513

CAPITAL AND RESERVES

(1,623

)

513

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

P & N Shorrock Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08349571

Registered office:

209 Liverpool Road

Birkdale

Southport

Merseyside

PR8 4PH

2.	CORONAVIRUS (COVID-19) GRANTS AND LOANS

As with most businesses, the Company has been impacted by the Coronavirus (COVID-19) pandemic. This has had an adverse impact on the Company's operations. The Company's turnover in respect of the year ended 31 January 2021 has been suppressed with that of the previous year. The Company has utilised the Coronavirus Job Retention Scheme Government Grant. The Company also took advantage of the Bounce Back Loan Scheme, which is repayable over 5 years. Although the total impact is still uncertain, the Director believes that it is appropriate to prepare the accounts on a going concern basis.

3.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2020 - 2 ) .

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2021 and were signed on its behalf by:

P N Shorrock - Director