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REGISTERED NUMBER: 03765169 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

SHIVERS INSTALLATIONS LIMITED

SHIVERS INSTALLATIONS LIMITED (REGISTERED NUMBER: 03765169)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SHIVERS INSTALLATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs D Blackman
R Blackman





REGISTERED OFFICE: Unit 15
Cradle Hill Industrial Estate
Seaford
BN25 3JA





REGISTERED NUMBER: 03765169 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

SHIVERS INSTALLATIONS LIMITED (REGISTERED NUMBER: 03765169)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 13,516 18,022
Investments 5 - 89,952
13,516 107,974

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6 411,318 445,685
Cash at bank 1,010,192 848,424
1,424,510 1,297,109
CREDITORS
Amounts falling due within one year 7 (255,778 ) (78,682 )
NET CURRENT ASSETS 1,168,732 1,218,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,182,248

1,326,401

PROVISIONS FOR LIABILITIES 8 (3,007 ) (4,109 )
NET ASSETS 1,179,241 1,322,292

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 1,179,141 1,322,192
SHAREHOLDERS' FUNDS 1,179,241 1,322,292

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

SHIVERS INSTALLATIONS LIMITED (REGISTERED NUMBER: 03765169)

BALANCE SHEET - continued
30 JUNE 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2025 and were signed on its behalf by:





R Blackman - Director


SHIVERS INSTALLATIONS LIMITED (REGISTERED NUMBER: 03765169)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Shivers Installations 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.

Critical accounting judgements and key sources of estimation uncertainty
No significant judgements have had to be made by management in preparing these financial statements.

There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


SHIVERS INSTALLATIONS LIMITED (REGISTERED NUMBER: 03765169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
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.

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 year 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.

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 year was 6 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 12,038 68,932 80,970
DEPRECIATION
At 1 July 2023 11,168 51,780 62,948
Charge for year 218 4,288 4,506
At 30 June 2024 11,386 56,068 67,454
NET BOOK VALUE
At 30 June 2024 652 12,864 13,516
At 30 June 2023 870 17,152 18,022

SHIVERS INSTALLATIONS LIMITED (REGISTERED NUMBER: 03765169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023 89,952
Disposals (89,952 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 89,952

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 298,255 172,487
Other debtors 113,063 273,198
411,318 445,685

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 233,068 67,661
Taxation and social security 18,094 5,414
Other creditors 4,616 5,607
255,778 78,682

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 3,007 4,109

Deferred
tax
£   
Balance at 1 July 2023 4,109
Credit to Income Statement during year (1,102 )
Balance at 30 June 2024 3,007

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

SHIVERS INSTALLATIONS LIMITED (REGISTERED NUMBER: 03765169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

10. RELATED PARTY DISCLOSURES

The amounts due to the company by the directors at the end of the year are £2,495 (2023: £2,272).
This is split between D Blackman £110 (2023: £110) and R Blackman £2,385 (2023: £2,162).

Included in other debtors is £79,349 (2023: £245,551) owing in total from two related companies under common control.

Shivers Installations Limited occupies a building owned by a company under common control and during the year have paid a commercial rent for use of this property of £18,000 (2023: £18,000).