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REGISTERED NUMBER: 07015866 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 DECEMBER 2021

FOR

THE SHELL HOUSE OWNERS LIMITED

THE SHELL HOUSE OWNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 24 DECEMBER 2021







DIRECTORS: B Moore
I Milligan
K Norman





SECRETARY: Napier Management Services Limited





REGISTERED OFFICE: Napier Management
13 Fordingbridge Business Park
Ashford Road
Fordingbridge
Hampshire
SP6 1BZ





REGISTERED NUMBER: 07015866 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

THE SHELL HOUSE OWNERS LIMITED (REGISTERED NUMBER: 0701

BALANCE SHEET
24 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,646 40,646

CURRENT ASSETS
Debtors 5 - 170
Cash at bank 2,198 2,099
2,198 2,269
CREDITORS
Amounts falling due within one year 6 679 1,163
NET CURRENT ASSETS 1,519 1,106
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,165

41,752

RESERVES
Freehold reserve 7 40,646 40,646
Income and expenditure account 1,519 1,106
42,165 41,752

THE SHELL HOUSE OWNERS LIMITED (REGISTERED NUMBER: 0701

BALANCE SHEET - continued
24 DECEMBER 2021


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 December 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 surplus or deficit 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2022 and were signed on its behalf by:





I Milligan - Director


THE SHELL HOUSE OWNERS LIMITED (REGISTERED NUMBER: 0701

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 DECEMBER 2021


1. STATUTORY INFORMATION

The Shell House Owners Limited is a private company, limited by guarantee , 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 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 represents ground rent invoiced in the year.

Tangible fixed assets
Fixed assets are initially recorded at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 25 December 2020
and 24 December 2021 40,646
NET BOOK VALUE
At 24 December 2021 40,646
At 24 December 2020 40,646

THE SHELL HOUSE OWNERS LIMITED (REGISTERED NUMBER: 0701

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 24 DECEMBER 2021


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Prepayments and accrued income - 170

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Corporation tax 30 131
Due to service charge account 378 543
Accruals and deferred income 271 489
679 1,163

7. RESERVES
Freehold
reserve
£   
At 25 December 2020
and 24 December 2021 40,646

8. LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
THE SHELL HOUSE OWNERS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Shell House Owners Limited for the year ended 24 December 2021 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Shell House Owners Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Shell House Owners Limited and state those matters that we have agreed to state to the Board of Directors of The Shell House Owners Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Shell House Owners Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Shell House Owners Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Shell House Owners Limited. You consider that The Shell House Owners Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Shell House Owners Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE


14 July 2022