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REGISTERED NUMBER: 08612293 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Shorland Investments (Holdings) Limited

Shorland Investments (Holdings) Limited (Registered number: 08612293)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shorland Investments (Holdings) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R K Shorland
Mrs T P J Shorland
N R Shorland
Ms N L Shorland





SECRETARY: Mrs T P J Shorland





REGISTERED OFFICE: 157 Redland Raod
Redland
Bristol
BS6 6YE





REGISTERED NUMBER: 08612293 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Redland House
157 Redland Road
Redland
Bristol
BS6 6YE

Shorland Investments (Holdings) Limited (Registered number: 08612293)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,372,825 2,385,406

CURRENT ASSETS
Debtors 5 392,430 439,023
Cash at bank 24,503 65,249
416,933 504,272
CREDITORS
Amounts falling due within one year 6 623,856 714,956
NET CURRENT LIABILITIES (206,923 ) (210,684 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,165,902

2,174,722

CREDITORS
Amounts falling due after more than one year 7 (290,400 ) (326,700 )

PROVISIONS FOR LIABILITIES (9,497 ) (9,608 )
NET ASSETS 1,866,005 1,838,414

CAPITAL AND RESERVES
Called up share capital 450 450
Retained earnings 1,865,555 1,837,964
SHAREHOLDERS' FUNDS 1,866,005 1,838,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Shorland Investments (Holdings) Limited (Registered number: 08612293)

Balance Sheet - continued
31 March 2024


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 18 July 2024 and were signed on its behalf by:




R K Shorland - Director Mrs T P J Shorland - Director




N R Shorland - Director Ms N L Shorland - Director


Shorland Investments (Holdings) Limited (Registered number: 08612293)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Shorland Investments (Holdings) 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.

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 - 15% on reducing balance basis
Fixtures and fittings - 15% on reducing balance basis
Motor vehicles - 25% on reducing balance basis

The directors have carried out a full impairment review in accordance with Financial Reporting Standard 11, as a result of which no depreciation charge is made in respect of freehold property on the grounds that the estimated residual value is not materially different from its carrying value in the Balance Sheet.

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.

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 4 (2023 - 4 ) .

Shorland Investments (Holdings) Limited (Registered number: 08612293)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2023 2,334,837 29,865 24,611 52,213 2,441,526
Disposals - (7,564 ) - - (7,564 )
At 31 March 2024 2,334,837 22,301 24,611 52,213 2,433,962
DEPRECIATION
At 1 April 2023 - 21,029 18,495 16,596 56,120
Charge for year - 1,073 918 8,904 10,895
Eliminated on disposal - (5,878 ) - - (5,878 )
At 31 March 2024 - 16,224 19,413 25,500 61,137
NET BOOK VALUE
At 31 March 2024 2,334,837 6,077 5,198 26,713 2,372,825
At 31 March 2023 2,334,837 8,836 6,116 35,617 2,385,406

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,301 6,857
Other debtors 380,380 425,420
Prepayments and accrued income 7,749 6,746
392,430 439,023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 36,300 36,300
Trade creditors 42,417 74,370
Tax 9,774 6,499
Social security and other taxes 7,947 1,319
Directors' loan accounts 440,022 505,155
Accruals and deferred income 87,396 91,313
623,856 714,956

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 36,300 36,300
Bank loans - 2-5 years 108,900 108,900
Bank loans more 5 yr by instal 145,200 181,500
290,400 326,700

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 145,200 181,500

Shorland Investments (Holdings) Limited (Registered number: 08612293)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 326,700 363,000

9. ULTIMATE CONTROLLING PARTY

There is no controlling or ultimate controlling party of the company.