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REGISTERED NUMBER: 09586408 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST MAY 2023 TO 31ST MARCH 2024

FOR

SHAWS OF STOPSLEY LIMITED

SHAWS OF STOPSLEY LIMITED (REGISTERED NUMBER: 09586408)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST MAY 2023 TO 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SHAWS OF STOPSLEY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST MAY 2023 TO 31ST MARCH 2024







DIRECTORS: Mrs C Shaw
L Shaw





REGISTERED OFFICE: Manor Farm Butterfield Green Road
Stopsley
Luton
Bedfordshire
LU2 8DE





REGISTERED NUMBER: 09586408 (England and Wales)





ACCOUNTANTS: Martin and Company
Two Brewers House
50 North Street
Thame
Oxfordshire
OX9 3BH

SHAWS OF STOPSLEY LIMITED (REGISTERED NUMBER: 09586408)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 2,458
Tangible assets 5 985,370 924,117
985,370 926,575

CURRENT ASSETS
Debtors 6 48,793 118,198
Cash at bank 114,316 46,086
163,109 164,284
CREDITORS
Amounts falling due within one year 7 235,032 165,701
NET CURRENT LIABILITIES (71,923 ) (1,417 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

913,447

925,158

CREDITORS
Amounts falling due after more than one
year

8

(291,779

)

(329,763

)

PROVISIONS FOR LIABILITIES (96,564 ) (81,250 )
NET ASSETS 525,104 514,145

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 525,054 514,095
525,104 514,145

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st 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.

SHAWS OF STOPSLEY LIMITED (REGISTERED NUMBER: 09586408)

BALANCE SHEET - continued
31ST 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 14th October 2024 and were signed on its behalf by:




L Shaw - Director



Mrs C Shaw - Director


SHAWS OF STOPSLEY LIMITED (REGISTERED NUMBER: 09586408)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST MAY 2023 TO 31ST MARCH 2024


1. STATUTORY INFORMATION

Shaws Of Stopsley 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.

Goodwill
Entitlements, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 20% on reducing balance and 15% on reducing balance

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SHAWS OF STOPSLEY LIMITED (REGISTERED NUMBER: 09586408)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST MAY 2023 TO 31ST MARCH 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023 3,687
Disposals (3,687 )
At 31st March 2024 -
AMORTISATION
At 1st May 2023 1,229
Eliminated on disposal (1,229 )
At 31st March 2024 -
NET BOOK VALUE
At 31st March 2024 -
At 30th April 2023 2,458

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Tractors Totals
£    £    £    £   
COST
At 1st May 2023 599,115 456,672 328,694 1,384,481
Additions - 36,031 128,500 164,531
Disposals - (12,000 ) (16,634 ) (28,634 )
At 31st March 2024 599,115 480,703 440,560 1,520,378
DEPRECIATION
At 1st May 2023 - 354,733 105,631 460,364
Charge for period - 27,681 62,184 89,865
Eliminated on disposal - (10,231 ) (4,990 ) (15,221 )
At 31st March 2024 - 372,183 162,825 535,008
NET BOOK VALUE
At 31st March 2024 599,115 108,520 277,735 985,370
At 30th April 2023 599,115 101,939 223,063 924,117

SHAWS OF STOPSLEY LIMITED (REGISTERED NUMBER: 09586408)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST MAY 2023 TO 31ST MARCH 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,455 18,168
Other debtors 46,338 100,030
48,793 118,198

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 33,600 33,600
Hire purchase contracts 27,035 2,701
Trade creditors 73,355 17,393
Taxation and social security 13,340 20,507
Other creditors 87,702 91,500
235,032 165,701

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 271,779 300,596
Other creditors 20,000 29,167
291,779 329,763

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 137,379 166,196