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REGISTERED NUMBER: 01024701 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Shaw & Goodwin Limited

Shaw & Goodwin Limited (Registered number: 01024701)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shaw & Goodwin Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: L R Goodwin
Mrs D Evans





REGISTERED OFFICE: 3 Wenlock Way
Thurmaston
Leicester
LE4 9HU





REGISTERED NUMBER: 01024701 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Shaw & Goodwin Limited (Registered number: 01024701)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 103,360 64,541
Investments 5 174,618 -
277,978 64,541

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 6 207,360 194,583
Cash at bank and in hand 111,496 391,636
319,856 587,219
CREDITORS
Amounts falling due within one year 7 (276,968 ) (342,339 )
NET CURRENT ASSETS 42,888 244,880
TOTAL ASSETS LESS CURRENT
LIABILITIES

320,866

309,421

CREDITORS
Amounts falling due after more than one
year

8

(19,099

)

(28,333

)

PROVISIONS FOR LIABILITIES (25,840 ) (16,135 )
NET ASSETS 275,927 264,953

CAPITAL AND RESERVES
Called up share capital 10,040 10,040
Retained earnings 265,887 254,913
SHAREHOLDERS' FUNDS 275,927 264,953

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

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

Shaw & Goodwin Limited (Registered number: 01024701)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by:





L R Goodwin - Director


Shaw & Goodwin Limited (Registered number: 01024701)

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

1. STATUTORY INFORMATION

Shaw & Goodwin 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 as modified by the revaluation of certain assets.

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
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Shaw & Goodwin Limited (Registered number: 01024701)

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

2. ACCOUNTING POLICIES - continued

Fixed asset investments
Fixed asset investments are measured at fair value and the corresponding gain or loss is recognised in the Statement of Income and Retained Earnings.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2022 224,861 54,200 279,061
Additions 55,210 - 55,210
At 30 September 2023 280,071 54,200 334,271
DEPRECIATION
At 1 October 2022 180,232 34,288 214,520
Charge for year 11,413 4,978 16,391
At 30 September 2023 191,645 39,266 230,911
NET BOOK VALUE
At 30 September 2023 88,426 14,934 103,360
At 30 September 2022 44,629 19,912 64,541

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 200,000
Revaluations (25,382 )
At 30 September 2023 174,618
NET BOOK VALUE
At 30 September 2023 174,618

Cost or valuation at 30 September 2023 is represented by:

Other
investments
£   
Valuation in 2023 174,618

Shaw & Goodwin Limited (Registered number: 01024701)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 186,313 178,833
Other debtors 21,047 15,750
207,360 194,583

Other debtors includes prepayments and accrued income of £21,047 (2022: £15,750).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 47,013 38,791
Taxation and social security 109,023 110,222
Other creditors 110,932 183,326
276,968 342,339

Other creditors includes accruals and deferred income of £1,300 (2022: £1,250).

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 19,099 28,333