1 December 2022 false No description of principal activity Taxfiler 2024.5 SC400613business:PrivateLimitedCompanyLtd2022-12-012023-11-30 SC4006132022-11-30 SC4006132022-12-012023-11-30 SC400613business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 SC400613business:FilletedAccounts2022-12-012023-11-30 SC4006132023-11-30 SC400613business:Director12022-12-012023-11-30 SC400613business:Director22022-12-012023-11-30 SC400613business:RegisteredOffice2022-12-012023-11-30 SC4006132022-11-30 SC400613core:WithinOneYear2023-11-30 SC400613core:WithinOneYear2022-11-30 SC400613core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC400613core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 SC400613core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC400613core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 SC400613core:PreviouslyStatedAmount2023-11-30 SC400613core:PreviouslyStatedAmount2022-11-30 SC400613business:SmallEntities2022-12-012023-11-30 SC400613countries:Scotland2022-12-012023-11-30 SC400613core:Goodwill2022-11-30 SC400613core:IntangibleAssetsOtherThanGoodwill2022-11-30 SC400613core:Goodwill2023-11-30 SC400613core:IntangibleAssetsOtherThanGoodwill2023-11-30 SC400613core:Goodwill2022-12-012023-11-30 SC400613core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-30 SC400613core:LandBuildings2022-11-30 SC400613core:PlantMachinery2022-11-30 SC400613core:FurnitureFittings2022-11-30 SC400613core:ComputerEquipment2022-11-30 SC400613core:LandBuildings2022-12-012023-11-30 SC400613core:PlantMachinery2022-12-012023-11-30 SC400613core:FurnitureFittings2022-12-012023-11-30 SC400613core:ComputerEquipment2022-12-012023-11-30 SC400613core:LandBuildings2023-11-30 SC400613core:PlantMachinery2023-11-30 SC400613core:FurnitureFittings2023-11-30 SC400613core:ComputerEquipment2023-11-30 SC4006132021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC400613 (Scotland)
Shawfern Group Limited Unaudited accounts for the year ended 30 November 2023
Shawfern Group Limited Unaudited accounts Contents
Page
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Shawfern Group Limited Company Information for the year ended 30 November 2023
Directors
Michael Murray Mary Murray
Company Number
SC400613 (Scotland)
Registered Office
Dowans Hotel Aberlour AB38 9LS GB
Accountants
Helen Crowley Tax Services Easter Manbeen Farmhouse Elgin Moray IV30 8TN
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Shawfern Group Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,216 
4,020 
Tangible assets
1,652,853 
1,751,604 
1,656,069 
1,755,624 
Current assets
Inventories
88,200 
78,200 
Debtors
49,712 
49,484 
Cash at bank and in hand
105,682 
116,276 
243,594 
243,960 
Creditors: amounts falling due within one year
(1,440,225)
(1,595,506)
Net current liabilities
(1,196,631)
(1,351,546)
Net assets
459,438 
404,078 
Capital and reserves
Called up share capital
100,000 
100,000 
Profit and loss account
359,438 
304,078 
Shareholders' funds
459,438 
404,078 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2024 and were signed on its behalf by
Michael Murray Director Company Registration No. SC400613
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Shawfern Group Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Shawfern Group Limited is a private company, limited by shares, registered in Scotland, registration number SC400613. The registered office is Dowans Hotel, Aberlour, AB38 9LS, GB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 December 2022
50,000 
8,040 
58,040 
At 30 November 2023
50,000 
8,040 
58,040 
Amortisation
At 1 December 2022
50,000 
4,020 
54,020 
Charge for the year
- 
804 
804 
At 30 November 2023
50,000 
4,824 
54,824 
Net book value
At 30 November 2023
- 
3,216 
3,216 
At 30 November 2022
- 
4,020 
4,020 
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Shawfern Group Limited Notes to the Accounts for the year ended 30 November 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
1,067,935 
11,702 
2,167,537 
1,672 
3,248,846 
Additions
117,399 
9,177 
49,020 
- 
175,596 
At 30 November 2023
1,185,334 
20,879 
2,216,557 
1,672 
3,424,442 
Depreciation
At 1 December 2022
223,011 
10,048 
1,263,626 
557 
1,497,242 
Charge for the year
23,706 
1,748 
252,305 
(3,412)
274,347 
At 30 November 2023
246,717 
11,796 
1,515,931 
(2,855)
1,771,589 
Net book value
At 30 November 2023
938,617 
9,083 
700,626 
4,527 
1,652,853 
At 30 November 2022
844,924 
1,654 
903,911 
1,115 
1,751,604 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
43,230 
48,106 
Other debtors
6,482 
1,378 
49,712 
49,484 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,065,062 
1,209,417 
VAT
71,143 
65,996 
Trade creditors
36,455 
65,913 
Taxes and social security
89,476 
31,080 
Other creditors
40,627 
48,370 
Loans from directors
137,462 
174,730 
1,440,225 
1,595,506 
8
Average number of employees
During the year the average number of employees was 31 (2022: 31).
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