Company Registration No. 11797352 (England and Wales)
SHAW PROPERTIES LTD
Unaudited accounts
for the year ended 31 January 2024
SHAW PROPERTIES LTD
Unaudited accounts
Contents
SHAW PROPERTIES LTD
Company Information
for the year ended 31 January 2024
Company Number
11797352 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
Accountants
Cranleys Chartered Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
SHAW PROPERTIES LTD
Statement of financial position
as at 31 January 2024
Tangible assets
702,807
702,807
Cash at bank and in hand
2,000
35,646
Creditors: amounts falling due within one year
(779,687)
(792,712)
Net current liabilities
(774,837)
(754,266)
Net liabilities
(72,030)
(51,459)
Called up share capital
1
1
Profit and loss account
(72,031)
(51,460)
Shareholders' funds
(72,030)
(51,459)
For the year ending 31 January 2024 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 director acknowledges her 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 and authorised for issue on 29 October 2024 and were signed on its behalf by
Sarah SHAW
Director
Company Registration No. 11797352
SHAW PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2024
SHAW PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11797352. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
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:
4
Tangible fixed assets
Land & buildings
At 1 February 2023
702,807
At 31 January 2024
702,807
At 31 January 2024
702,807
At 31 January 2023
702,807
SHAW PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
533,208
533,208
Taxes and social security
768
-
Loans from directors
242,849
259,504
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).