Company Registration Number 09829451 (England and Wales)
SHELDONWOOD INTERNATIONAL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020
PAGES FOR FILING WITH REGISTRAR
Sobell Rhodes LLP
The Kinetic Centre
Theobald Street
Elstree
Borehamwood
WD6 4PJ
SHELDONWOOD INTERNATIONAL LTD
BALANCE SHEET
AS AT
31 OCTOBER 2020
31 October 2020
- 1 -
2020
2019
£
£
£
£
Fixed assets
206,019
206,019
Current assets
112,761
103,471
Creditors: amounts falling due within one year
(680,685)
(714,732)
Net current liabilities
(567,924)
(611,261)
Total assets less current liabilities
(361,905)
(405,242)
Creditors: amounts falling due after more than one year
(50,000)
Net liabilities
(411,905)
(405,242)
Capital and reserves
(411,905)
(405,242)
Notes to the financial statements
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
3
3
2
Related party transactions
Transaction with directors
At 1 November 2019
Written off
At 31 October 2020
£
£
£
M Huggler
2,332
(2,332)
-
Sheldonwood International Ltd is a private company limited by shares incorporated in England and Wales. The registered office is C/o Sobell Rhodes LLP, Kinetic Business Centre, Theobald Street, Elstree, Hertfordshire, United Kingdom, WD6 4PJ.
For the year ended 31 October 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
SHELDONWOOD INTERNATIONAL LTD
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2020
31 October 2020
- 2 -
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements have been prepared on a going concern basis which assumes that the company will continue in existence for the foreseeable future. This is based on the assumption that continued support will be provided by the directors and loan providers to ensure sufficient finance is available to enable the company to meet its debts as they fall due. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of the assets to their recoverable amount and provide for any further liabilities that may arise.
The financial statements were approved by the board of directors and authorised for issue on 27 July 2021 and are signed on its behalf by:
D Wood
Director
Company Registration Number 09829451