Sherwen Aerospace Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09824650 (England and Wales)

Unaudited Financial Statements

for the Period 14 October 2015 to 30 September 2016

for

Sherwen Aerospace Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J C Sherwen

REGISTERED OFFICE:

Pinden

Mile End Green

Dartford

Kent

DA2 8EB

REGISTERED NUMBER:

09824650 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Investments

5

25,000

CURRENT ASSETS

Debtors

6

100

CREDITORS

Amounts falling due within one year

7

(25,000

)

NET CURRENT LIABILITIES

(24,900

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100

CAPITAL AND RESERVES

Called up share capital

100

SHAREHOLDERS' FUNDS

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 14 June 2017 and were signed by:

J C Sherwen - Director

1.	STATUTORY INFORMATION

Sherwen Aerospace Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102 Section 1A.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date where transactions or events that result in an obligation to pay more, or a right to pay less, tax in the

future have occurred at the balance sheet date.

This is subject to deferred tax assets only being recognised if it is considered more likely than not that there will

be suitable profits from which the future reversal of the underlying timing differences can be deducted.

Timing differences are differences arising between the Company's taxable profits and its results as stated in the

financial statements, which are capable of reversal in one or more subsequent periods.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

25,000

At 30 September 2016

25,000

NET BOOK VALUE

At 30 September 2016

25,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

25,000

8.

RESERVES

Retained

earnings

£

Profit for the period

-

At 30 September 2016

-