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REGISTERED NUMBER: 02039643 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Shenley Finance Limited

Shenley Finance Limited (Registered number: 02039643)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shenley Finance Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: S D Finegold
Mrs J T Finegold
Mrs L E M Marchant
Mrs S P Swerner





SECRETARY: Mrs J T Finegold





REGISTERED OFFICE: NT Accountancy
St Clare House
30-33 Minories
London
EC3N 1DD





REGISTERED NUMBER: 02039643 (England and Wales)





ACCOUNTANTS: NT Accountancy
Chartered Accountants
43 Lynton Mead
London
N20 8DG

Shenley Finance Limited (Registered number: 02039643)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,842 2,918
Investments 5 50 50
2,892 2,968

CURRENT ASSETS
Debtors 6 2,772,887 2,745,773
Investments 7 6,182 6,182
Cash at bank 155,522 222,458
2,934,591 2,974,413
CREDITORS
Amounts falling due within one year 8 326,049 373,772
NET CURRENT ASSETS 2,608,542 2,600,641
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,611,434

2,603,609

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 3,600 3,600
Retained earnings 2,606,834 2,599,009
SHAREHOLDERS' FUNDS 2,611,434 2,603,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

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

Shenley Finance Limited (Registered number: 02039643)

Balance Sheet - continued
30 June 2023


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 Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by:





S D Finegold - Director


Shenley Finance Limited (Registered number: 02039643)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Shenley Finance 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 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.

Revenue recognition
Turnover represents interest received from loan advances made.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022 14,697 5,027 19,724
Additions - 634 634
At 30 June 2023 14,697 5,661 20,358
DEPRECIATION
At 1 July 2022 13,101 3,705 16,806
Charge for year 319 391 710
At 30 June 2023 13,420 4,096 17,516
NET BOOK VALUE
At 30 June 2023 1,277 1,565 2,842
At 30 June 2022 1,596 1,322 2,918

Shenley Finance Limited (Registered number: 02039643)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 July 2022
and 30 June 2023 50
NET BOOK VALUE
At 30 June 2023 50
At 30 June 2022 50

Market value of listed investments at 30 June 2023 - £ 6,182 .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 1,216,932 1,456,973
Other debtors 826,976 724,994
Directors' current accounts 728,979 563,806
2,772,887 2,745,773

7. CURRENT ASSET INVESTMENTS
30.6.23 30.6.22
£    £   
Investments 6,182 6,182
Market value of listed investments at 30 June 2023 - £ 0 (2022 - £ 6,182 ).

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Corporation tax 57,564 91,414
Social security and other taxes 863 2,589
Other creditors 256,125 261,249
Accrued expenses 11,497 18,520
326,049 373,772

Shenley Finance Limited (Registered number: 02039643)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

30.6.23 30.6.22
£    £   
Mrs J T Finegold
Balance outstanding at start of year 563,806 328,472
Amounts advanced 165,173 235,334
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 728,979 563,806

During the year, the director has been charged a rate of Interest of 2% per annum and 2.25% from 6 April 2023 on the outstanding loan.The outstanding loan as at 30th June 2023 has been classified in debtors.

10. RELATED PARTY DISCLOSURES

The balance due to Shenley Finance Limited by Rutland House Investments Limited as at 30th June 2023 was £278,481 (2022: £228,481 ).