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REGISTERED NUMBER: 01738558 (England and Wales)















Shelsamain Limited

Unaudited Financial Statements

for the Year Ended

31 March 2018






Shelsamain Limited (Registered number: 01738558)

Contents of the Financial Statements
for the Year Ended 31 March 2018










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Shelsamain Limited

Company Information
for the Year Ended 31 March 2018







DIRECTOR: A C Dyer





SECRETARY: Mrs S A Moy





REGISTERED OFFICE: Briar House Beeston Road
Great Dunham
King's Lynn
Norfolk
PE32 2LX





REGISTERED NUMBER: 01738558 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
97 Yarmouth Road
Norwich
Norfolk
NR7 0HF

Shelsamain Limited (Registered number: 01738558)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 775 1,034
Investments 5 56,159 56,159
56,934 57,193

CURRENT ASSETS
Debtors 6 43,136 42,704
Cash at bank 224,943 230,930
268,079 273,634
CREDITORS
Amounts falling due within one year 7 16,726 22,224
NET CURRENT ASSETS 251,353 251,410
TOTAL ASSETS LESS CURRENT LIABILITIES 308,287 308,603

PROVISIONS FOR LIABILITIES 147 213
NET ASSETS 308,140 308,390

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 308,040 308,290
308,140 308,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

Shelsamain Limited (Registered number: 01738558)

Balance Sheet - continued
31 March 2018


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 16 October 2018 and were signed by:





A C Dyer - Director


Shelsamain Limited (Registered number: 01738558)

Notes to the Financial Statements
for the Year Ended 31 March 2018


1. STATUTORY INFORMATION

Shelsamain 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.

2. ACCOUNTING POLICIES

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

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

Shelsamain Limited (Registered number: 01738558)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2017
and 31 March 2018 4,815
DEPRECIATION
At 1 April 2017 3,781
Charge for year 259
At 31 March 2018 4,040
NET BOOK VALUE
At 31 March 2018 775
At 31 March 2017 1,034

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2017
and 31 March 2018 56,159
NET BOOK VALUE
At 31 March 2018 56,159
At 31 March 2017 56,159

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 15,150 13,081
Other debtors 27,986 29,623
43,136 42,704

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 14,852 20,436
Other creditors 1,874 1,788
16,726 22,224

Shelsamain Limited (Registered number: 01738558)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in debtors is £9263 repayable to the company by AC Dyer (2017 £9902). The loan was interest free