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REGISTERED NUMBER: SC622597 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

SHAW JAEGER LIMITED

SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2024




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)

ABRIDGED BALANCE SHEET
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,783,382 1,997,509

CURRENT ASSETS
Debtors 2 33,779
Cash at bank 6,155 510
6,157 34,289
CREDITORS
Amounts falling due within one year 306,033 270,087
NET CURRENT LIABILITIES (299,876 ) (235,798 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,483,506

1,761,711

CREDITORS
Amounts falling due after more than one
year

(484,566

)

(579,381

)

PROVISIONS FOR LIABILITIES (568,618 ) (225,249 )
NET ASSETS 2,430,322 957,081

CAPITAL AND RESERVES
Called up share capital 3 3
Revaluation reserve 5 2,424,108 960,272
Retained earnings 6,211 (3,194 )
2,430,322 957,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)

ABRIDGED BALANCE SHEET - continued
28 February 2024



The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:





G Shaw - Director


SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Shaw Jaeger Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC622597

Registered office: 8 Grayshill Road
Cumbernauld
Glasgow
G68 9HQ

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 as modified by the revaluation of certain assets.

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 - 10% on cost
Fixtures and fittings - 10% on cost

Taxation
Taxation for the year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

SHAW JAEGER LIMITED (REGISTERED NUMBER: SC622597)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 March 2023 2,073,948
Revaluations 1,807,205
At 28 February 2024 3,881,153
DEPRECIATION
At 1 March 2023 76,439
Charge for year 21,332
At 28 February 2024 97,771
NET BOOK VALUE
At 28 February 2024 3,783,382
At 28 February 2023 1,997,509

Cost or valuation at 28 February 2024 is represented by:

Totals
£   
Valuation in 2024 3,881,153

5. RESERVES
Revaluation
reserve
£   
At 1 March 2023 960,272
Freehold Property Revaluation 1,807,205
Deferred Tax on Revaluation (343,369 )

At 28 February 2024 2,424,108

6. RELATED PARTY DISCLOSURES

Shaw Jaeger Limited has a loan with a company in which a member of key management personal has a common directorship. This loan is equal to £27,738 (2023: (£33,777)).This loan is interest free.