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REGISTERED NUMBER: 11680568 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Shepherdrose Investments Limited

Shepherdrose Investments Limited (Registered number: 11680568)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shepherdrose Investments Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: A D Shepherd
Mrs N Shepherd





REGISTERED OFFICE: The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT





REGISTERED NUMBER: 11680568 (England and Wales)





ACCOUNTANTS: Fisher Michael
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

Shepherdrose Investments Limited (Registered number: 11680568)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 380,000 367,071

CURRENT ASSETS
Debtors 5 1,961 1,961
Cash at bank 23,003 11,232
24,964 13,193
CREDITORS
Amounts falling due within one year 6 10,711 8,208
NET CURRENT ASSETS 14,253 4,985
TOTAL ASSETS LESS CURRENT
LIABILITIES

394,253

372,056

CREDITORS
Amounts falling due after more than one
year

7

(339,315

)

(339,315

)

PROVISIONS FOR LIABILITIES (12,746 ) (7,231 )
NET ASSETS 42,192 25,510

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 38,239 30,825
Retained earnings 3,853 (5,415 )
42,192 25,510

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

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

Shepherdrose Investments Limited (Registered number: 11680568)

Balance Sheet - continued
30 November 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 16 May 2024 and were signed on its behalf by:





A D Shepherd - Director


Shepherdrose Investments Limited (Registered number: 11680568)

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

1. STATUTORY INFORMATION

Shepherdrose Investments 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.

The company is not part of the group.

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.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Investment property
The investment property is included at fair value. Gains are recognised in the income statement and
subsequently transferred to the fair value reserve. Deferred taxation is provided on these gains at the rate
expected to apply when the property is sold.

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.

Debtors
Short terms debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

Other financial liabilities, including bank loans are also measured at transaction price since the difference between this basis and the amortised cost basis is not material.

Rents received
Rents received represents rental income and is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable. .

Shepherdrose Investments Limited (Registered number: 11680568)

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

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 367,071
Additions 12,929
At 30 November 2023 380,000
NET BOOK VALUE
At 30 November 2023 380,000
At 30 November 2022 367,071

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2020 38,056
Valuation in 2023 12,929
Cost 329,015
380,000

If the investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 329,015 329,015

The investment property was valued at 30 November 2023 by the directors. The directors considered the market value of the property by looking at similar properties for sale in the area.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,961 1,961

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 854 -
Other creditors 9,857 8,208
10,711 8,208

Shepherdrose Investments Limited (Registered number: 11680568)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 117,965 117,965
Other creditors 221,350 221,350
339,315 339,315

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Mortgage 117,965 117,965

The above debt is secured against the company's investment property.

9. RELATED PARTY DISCLOSURES

At the balance sheet date an amount of £221,350 (2022: £221,350), was due to to Shepherdrose Limited, a company under common control. This balance is included within other creditors.