Registered Number:01225866 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2024
Shanleys Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Shanleys Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
232,101
257,025
2
232,101
257,025
4,684
10,250
3
Trade and other receivables |
124,824
143,689
4
4,798
Cash and cash equivalents |
4,527
158,466
134,306
Trade and other payables: amounts falling due within one |
year |
(224,790)
(238,431)
5
(90,484)
(79,965)
Net current liabilities
Total assets less current liabilities |
152,136
166,541
Trade and other payables: amounts falling due after more |
than one year |
(17,597)
(7,256)
6
(37,945)
(42,288)
Provisions for liabilities |
106,935
Net assets
106,656
30,000
30,000
76,935
76,656
106,935
106,656
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 11 February 2025 and were signed by: |
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For the year ended 30 September 2024
Shanleys Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 30 September 2024
Shanleys Limited
Notes to the Financial Statements
Statutory Information
Shanleys Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
01225866. |
Units 38-39
Britannia Way
Bolton
Lancashire
BL2 2HH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 30 September 2024
Shanleys Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
1,725,915
-
44,681
10,500
1,670,734
1,475
1,084
391
-
-
10,500
45,072
1,084
1,727,390
1,670,734
Provision for depreciation and impairment |
1,468,890
-
42,327
9,156
1,417,407
Charge for year
26,399
238
493
335
25,333
1,495,289
238
42,820
9,491
1,442,740
227,994
1,009
2,252
846
232,101
253,327
1,344
2,354
-
257,025
2023
2024
10,250
4,684
4. Trade and other receivables |
2023
2024
132,097
117,505
11,592
7,319
124,824
143,689
5. Trade and other payables: amounts falling due within one year |
2023
2024
10,085
9,829
147,500
120,540
Taxation and social security |
10,438
21,907
70,408
72,514
238,431
224,790
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For the year ended 30 September 2024
Shanleys Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
7,256
17,597
7. Average number of persons employed |
During the year the average number of employees was 9 (2023 : 10)
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