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REGISTERED NUMBER: SC622597 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

SHAW JAEGER LIMITED

SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)

ABRIDGED BALANCE SHEET
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,997,509 2,018,840

CURRENT ASSETS
Debtors 33,779 99,143
Cash at bank 510 462
34,289 99,605
CREDITORS
Amounts falling due within one year 270,087 266,258
NET CURRENT LIABILITIES (235,798 ) (166,653 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,761,711

1,852,187

CREDITORS
Amounts falling due after more than one
year

(579,381

)

(670,389

)

PROVISIONS FOR LIABILITIES (225,249 ) (225,249 )
NET ASSETS 957,081 956,549

CAPITAL AND RESERVES
Called up share capital 3 3
Revaluation reserve 5 960,272 960,272
Retained earnings (3,194 ) (3,726 )
957,081 956,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)

ABRIDGED BALANCE SHEET - continued
28 February 2023



The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by:





G Shaw - Director


SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Shaw Jaeger Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC622597

Registered office: 8 Grayshill Road
Cumbernauld
Glasgow
G68 9HQ

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 as modified by the revaluation of certain assets.

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 - 10% on cost
Fixtures and fittings - 10% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 March 2022
and 28 February 2023 2,073,948
DEPRECIATION
At 1 March 2022 55,108
Charge for year 21,331
At 28 February 2023 76,439
NET BOOK VALUE
At 28 February 2023 1,997,509
At 28 February 2022 2,018,840

SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 28 February 2023 is represented by:

Totals
£   
Valuation in 2023 2,073,948

5. RESERVES
Revaluation
reserve
£   
At 1 March 2022
and 28 February 2023 960,272

6. RELATED PARTY DISCLOSURES

Shaw Jaeger Limited has granted a loan to a company in which a member of key management personal has a common directorship. This loan is equal to £33,777.This loan is interest free and at the balance sheet date an amount of £33,777 was outstanding.