2023-07-012024-06-302024-06-30false11428138SHENFINE LTD2024-08-0886230iso4217:GBPxbrli:pure114281382023-07-01114281382024-06-30114281382023-07-012024-06-30114281382022-07-01114281382023-06-30114281382022-07-012023-06-3011428138bus:SmallEntities2023-07-012024-06-3011428138bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3011428138bus:AbridgedAccounts2023-07-012024-06-3011428138bus:PrivateLimitedCompanyLtd2023-07-012024-06-3011428138core:WithinOneYear2024-06-3011428138core:AfterOneYear2024-06-3011428138core:WithinOneYear2023-06-3011428138core:AfterOneYear2023-06-3011428138core:ShareCapital2024-06-3011428138core:SharePremium2024-06-3011428138core:RevaluationReserve2024-06-3011428138core:OtherReservesSubtotal2024-06-3011428138core:RetainedEarningsAccumulatedLosses2024-06-3011428138core:ShareCapital2023-06-3011428138core:SharePremium2023-06-3011428138core:RevaluationReserve2023-06-3011428138core:OtherReservesSubtotal2023-06-3011428138core:RetainedEarningsAccumulatedLosses2023-06-3011428138core:LandBuildings2024-06-3011428138core:PlantMachinery2024-06-3011428138core:Vehicles2024-06-3011428138core:FurnitureFittings2024-06-3011428138core:OfficeEquipment2024-06-3011428138core:NetGoodwill2024-06-3011428138core:IntangibleAssetsOtherThanGoodwill2024-06-3011428138core:ListedExchangeTraded2024-06-3011428138core:UnlistedNon-exchangeTraded2024-06-3011428138core:LandBuildings2023-06-3011428138core:PlantMachinery2023-06-3011428138core:Vehicles2023-06-3011428138core:FurnitureFittings2023-06-3011428138core:OfficeEquipment2023-06-3011428138core:NetGoodwill2023-06-3011428138core:IntangibleAssetsOtherThanGoodwill2023-06-3011428138core:ListedExchangeTraded2023-06-3011428138core:UnlistedNon-exchangeTraded2023-06-3011428138core:LandBuildings2023-07-012024-06-3011428138core:PlantMachinery2023-07-012024-06-3011428138core:Vehicles2023-07-012024-06-3011428138core:FurnitureFittings2023-07-012024-06-3011428138core:OfficeEquipment2023-07-012024-06-3011428138core:NetGoodwill2023-07-012024-06-3011428138core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3011428138core:ListedExchangeTraded2023-07-012024-06-3011428138core:UnlistedNon-exchangeTraded2023-07-012024-06-3011428138core:MoreThanFiveYears2023-07-012024-06-3011428138core:Non-currentFinancialInstruments2024-06-3011428138core:Non-currentFinancialInstruments2023-06-3011428138dpl:CostSales2023-07-012024-06-3011428138dpl:DistributionCosts2023-07-012024-06-3011428138core:LandBuildings2023-07-012024-06-3011428138core:PlantMachinery2023-07-012024-06-3011428138core:Vehicles2023-07-012024-06-3011428138core:FurnitureFittings2023-07-012024-06-3011428138core:OfficeEquipment2023-07-012024-06-3011428138dpl:AdministrativeExpenses2023-07-012024-06-3011428138core:NetGoodwill2023-07-012024-06-3011428138core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3011428138dpl:GroupUndertakings2023-07-012024-06-3011428138dpl:ParticipatingInterests2023-07-012024-06-3011428138dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3011428138core:ListedExchangeTraded2023-07-012024-06-3011428138dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3011428138core:UnlistedNon-exchangeTraded2023-07-012024-06-3011428138dpl:CostSales2022-07-012023-06-3011428138dpl:DistributionCosts2022-07-012023-06-3011428138core:LandBuildings2022-07-012023-06-3011428138core:PlantMachinery2022-07-012023-06-3011428138core:Vehicles2022-07-012023-06-3011428138core:FurnitureFittings2022-07-012023-06-3011428138core:OfficeEquipment2022-07-012023-06-3011428138dpl:AdministrativeExpenses2022-07-012023-06-3011428138core:NetGoodwill2022-07-012023-06-3011428138core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3011428138dpl:GroupUndertakings2022-07-012023-06-3011428138dpl:ParticipatingInterests2022-07-012023-06-3011428138dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3011428138core:ListedExchangeTraded2022-07-012023-06-3011428138dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3011428138core:UnlistedNon-exchangeTraded2022-07-012023-06-3011428138core:NetGoodwill2024-06-3011428138core:IntangibleAssetsOtherThanGoodwill2024-06-3011428138core:LandBuildings2024-06-3011428138core:PlantMachinery2024-06-3011428138core:Vehicles2024-06-3011428138core:FurnitureFittings2024-06-3011428138core:OfficeEquipment2024-06-3011428138core:AfterOneYear2024-06-3011428138core:WithinOneYear2024-06-3011428138core:ListedExchangeTraded2024-06-3011428138core:UnlistedNon-exchangeTraded2024-06-3011428138core:ShareCapital2024-06-3011428138core:SharePremium2024-06-3011428138core:RevaluationReserve2024-06-3011428138core:OtherReservesSubtotal2024-06-3011428138core:RetainedEarningsAccumulatedLosses2024-06-3011428138core:NetGoodwill2023-06-3011428138core:IntangibleAssetsOtherThanGoodwill2023-06-3011428138core:LandBuildings2023-06-3011428138core:PlantMachinery2023-06-3011428138core:Vehicles2023-06-3011428138core:FurnitureFittings2023-06-3011428138core:OfficeEquipment2023-06-3011428138core:AfterOneYear2023-06-3011428138core:WithinOneYear2023-06-3011428138core:ListedExchangeTraded2023-06-3011428138core:UnlistedNon-exchangeTraded2023-06-3011428138core:ShareCapital2023-06-3011428138core:SharePremium2023-06-3011428138core:RevaluationReserve2023-06-3011428138core:OtherReservesSubtotal2023-06-3011428138core:RetainedEarningsAccumulatedLosses2023-06-3011428138core:NetGoodwill2022-07-0111428138core:IntangibleAssetsOtherThanGoodwill2022-07-0111428138core:LandBuildings2022-07-0111428138core:PlantMachinery2022-07-0111428138core:Vehicles2022-07-0111428138core:FurnitureFittings2022-07-0111428138core:OfficeEquipment2022-07-0111428138core:AfterOneYear2022-07-0111428138core:WithinOneYear2022-07-0111428138core:ListedExchangeTraded2022-07-0111428138core:UnlistedNon-exchangeTraded2022-07-0111428138core:ShareCapital2022-07-0111428138core:SharePremium2022-07-0111428138core:RevaluationReserve2022-07-0111428138core:OtherReservesSubtotal2022-07-0111428138core:RetainedEarningsAccumulatedLosses2022-07-0111428138core:AfterOneYear2023-07-012024-06-3011428138core:WithinOneYear2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3011428138core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3011428138core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3011428138core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3011428138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3011428138core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3011428138core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3011428138core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3011428138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3011428138core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3011428138core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3011428138core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3011428138core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3011428138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3011428138core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3011428138core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3011428138core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3011428138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3011428138core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3011428138bus:Director12023-07-012024-06-3011428138bus:Director22023-07-012024-06-30

SHENFINE LTD

Registered Number
11428138
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

SHENFINE LTD
Company Information
for the year from 1 July 2023 to 30 June 2024

Directors

HOLLAND, Melanie
SHENFINE, Paul, Dr

Registered Address

15 Riverside Studios Amethyst Road
Newcastle Business Park
Newcastle Upon Tyne
NE4 7YL

Registered Number

11428138 (England and Wales)
SHENFINE LTD
Statement of Financial Position
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets36,9734,455
6,9734,455
Current assets
Stocks5,00015,000
Debtors735,614804,629
Cash at bank and on hand8,51434,418
749,128854,047
Creditors amounts falling due within one year(11,925)(28,755)
Net current assets (liabilities)737,203825,292
Total assets less current liabilities744,176829,747
Creditors amounts falling due after one year(644,037)(667,604)
Net assets100,139162,143
Capital and reserves
Called up share capital100100
Profit and loss account100,039162,043
Shareholders' funds100,139162,143
The financial statements were approved and authorised for issue by the Board of Directors on 8 August 2024, and are signed on its behalf by:
SHENFINE, Paul, Dr
Director
Registered Company No. 11428138
SHENFINE LTD
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Office Equipment3
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 July 2315,731
Additions5,960
At 30 June 2421,691
Depreciation and impairment
At 01 July 2311,276
Charge for year3,442
At 30 June 2414,718
Net book value
At 30 June 246,973
At 30 June 234,455