SHAFTESBURY WELL SOLUTIONS LTD.

Company Registration Number:
SC411420 (Scotland)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

SHAFTESBURY WELL SOLUTIONS LTD.

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SHAFTESBURY WELL SOLUTIONS LTD.

Company Information

for the Period Ended 30 November 2023




Registered office: Flat 1
67 Union Grove
Aberdeen
AB10 6SD
Company Registration Number: SC411420 (Scotland)

SHAFTESBURY WELL SOLUTIONS LTD.

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 800,000 853,880
Tangible assets: 5 152 964
Total fixed assets: 800,152 854,844
Current assets
Stocks: 0 0
Debtors: 3,239 6,709
Cash at bank and in hand: 9,412 35,092
Total current assets: 12,651 41,801
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 214,411 ) ( 168,007 )
Net current assets (liabilities): ( 201,760 ) ( 126,206 )
Total assets less current liabilities: 598,392 728,638
Creditors: amounts falling due after more than one year: ( 371,571 ) ( 414,840 )
Provision for liabilities: ( 0 ) ( 183 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 226,821 313,615

The notes form part of these financial statements

SHAFTESBURY WELL SOLUTIONS LTD.

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 6 0 0
Profit and loss account: 226,820 313,614
Shareholders funds: 226,821 313,615

For the year ending 30 November 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 August 2024
And Signed On Behalf Of The Board By:

Name: Nathan Buksh
Status: Director

The notes form part of these financial statements

SHAFTESBURY WELL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SHAFTESBURY WELL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

SHAFTESBURY WELL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

SHAFTESBURY WELL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 December 2022 853,880
    Additions 0
    Disposals (0)
    Revaluations (53,880)
    Transfers 0
    At 30 November 2023 800,000
    Amortisation
    Amortisation at 01 December 2022 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 30 November 2023 0
    Net book value
    Net book value at 30 November 2023 800,000
    Net book value at 30 November 2022 853,880

SHAFTESBURY WELL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Tangible Assets

Total
Cost £
At 01 December 2022 16,889
Additions 1,211
Disposals (0)
Revaluations 0
Transfers 0
At 30 November 2023 18,100
Depreciation
At 01 December 2022 15,925
Charge for year 2,023
On disposals (0)
Other adjustments 0
At 30 November 2023 17,948
Net book value
At 30 November 2023 152
At 30 November 2022 964

SHAFTESBURY WELL SOLUTIONS LTD.

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Revaluation reserve


2023
£
Balance at 01 December 2022 0
Surplus or deficit after revaluation 0
Balance at 30 November 2023 0