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REGISTERED NUMBER: 05421472







Unaudited Financial Statements

for the Year Ended 30 April 2022

for

Shuttle Property Developments Limited

Shuttle Property Developments Limited (Registered number: 05421472)






Contents of the Financial Statements
for the Year Ended 30 April 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shuttle Property Developments Limited

Company Information
for the Year Ended 30 April 2022







DIRECTOR: P Barry





SECRETARY: PHA Secretarial Services Ltd





REGISTERED OFFICE: Corner House
28 Huddersfield Road
Newhey
Rochdale
Lancashire
OL16 3QF





REGISTERED NUMBER: 05421472





ACCOUNTANTS: Brian Gumbley Accountancy Services Ltd
Corner House
28 Huddersfield Road
Newhey
Rochdale
Lancashire
OL16 3QF

Shuttle Property Developments Limited (Registered number: 05421472)

Balance Sheet
30 April 2022

30.4.22 30.4.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,865 6,488

CURRENT ASSETS
Stocks 31,478 13,751
Debtors 5 1,956 1,314
Cash at bank and in hand 9,059 26,182
42,493 41,247
CREDITORS
Amounts falling due within one year 6 9,359 13,244
NET CURRENT ASSETS 33,134 28,003
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,999

34,491

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 37,997 34,489
SHAREHOLDERS' FUNDS 37,999 34,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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.

Shuttle Property Developments Limited (Registered number: 05421472)

Balance Sheet - continued
30 April 2022


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

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 and authorised for issue on 12 August 2022 and were signed by:





P Barry - Director


Shuttle Property Developments Limited (Registered number: 05421472)

Notes to the Financial Statements
for the Year Ended 30 April 2022

1. STATUTORY INFORMATION

Shuttle Property Developments Limited is a private company, limited by shares , registered in Not specified/Other. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Shuttle Property Developments Limited (Registered number: 05421472)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2021
and 30 April 2022 40,159 2,941 6,500 49,600
DEPRECIATION
At 1 May 2021 35,921 2,941 4,250 43,112
Charge for year 1,060 - 563 1,623
At 30 April 2022 36,981 2,941 4,813 44,735
NET BOOK VALUE
At 30 April 2022 3,178 - 1,687 4,865
At 30 April 2021 4,238 - 2,250 6,488

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
VAT 1,956 1,314

Shuttle Property Developments Limited (Registered number: 05421472)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade creditors 598 -
Tax 1,673 6,951
Directors' current accounts 1,088 293
Accrued expenses 6,000 6,000
9,359 13,244