2023-10-01 01225866 2024-09-30 01225866 2023-10-01 2024-09-30 01225866 2023-09-30 01225866 2022-10-01 2023-09-30 01225866 uk-core:WithinOneYear 2023-09-30 01225866 uk-core:WithinOneYear 2024-09-30 01225866 uk-core:AfterOneYear 2023-09-30 01225866 uk-core:AfterOneYear 2024-09-30 01225866 uk-core:ShareCapital 2024-09-30 01225866 uk-core:ShareCapital 2023-09-30 01225866 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 01225866 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 01225866 uk-bus:Director1 2023-10-01 2024-09-30 01225866 uk-core:Buildings 2023-10-01 2024-09-30 01225866 uk-core:PlantMachinery 2023-10-01 2024-09-30 01225866 uk-core:ToolsEquipment 2023-10-01 2024-09-30 01225866 uk-core:MotorCars 2023-10-01 2024-09-30 01225866 uk-core:FurnitureFittings 2023-10-01 2024-09-30 01225866 uk-core:ToolsEquipment 2023-09-30 01225866 uk-core:FurnitureFittings 2023-09-30 01225866 uk-core:MotorCars 2023-09-30 01225866 uk-core:PlantMachinery 2023-09-30 01225866 uk-core:MotorCars 2024-09-30 01225866 uk-core:FurnitureFittings 2024-09-30 01225866 uk-core:ToolsEquipment 2024-09-30 01225866 uk-core:PlantMachinery 2024-09-30 01225866 uk-core:WithinOneYear 2024-09-30 01225866 uk-core:WithinOneYear 2023-09-30 01225866 uk-core:AfterOneYear uk-core:Secured 2024-09-30 01225866 uk-core:AfterOneYear uk-core:Secured 2023-09-30 iso4217:GBP xbrli:pure 01225866 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 01225866 uk-bus:FRS102 2023-10-01 2024-09-30 01225866 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 01225866 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Shanleys Limited
Registered Number:01225866
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
Shanleys Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
01225866
As at 30 September 2024
Shanleys Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
232,101
257,025
2
232,101
257,025
Current assets
Inventories
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
Capital and reserves
Called up share capital
30,000
30,000
Retained earnings
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.
J A Cropper Director
These financial statements were approved and authorised for issue by the Board on 11 February 2025 and were signed by:
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4
Registered Number :
01225866
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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5
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.
Registered address:
Units 38-39
Britannia Way
Bolton
Lancashire
BL2 2HH
The presentation currency is £ sterling.
1. Accounting policies
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
10 years Straight line
Plant and machinery
10% Reducing balance
33% Straight line
Computer equipment
25% Reducing balance
Motor vehicles
20% Reducing balance
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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6
For the year ended 30 September 2024
Shanleys Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 October 2023
1,725,915
-
44,681
10,500
1,670,734
1,475
1,084
391
-
-
Additions
At 30 September 2024
10,500
45,072
1,084
1,727,390
1,670,734
Provision for depreciation and impairment
At 01 October 2023
1,468,890
-
42,327
9,156
1,417,407
Charge for year
26,399
238
493
335
25,333
At 30 September 2024
1,495,289
238
42,820
9,491
1,442,740
At 30 September 2024
Net book value
227,994
1,009
2,252
846
232,101
At 30 September 2023
253,327
1,344
2,354
-
257,025
3. Inventories
2023
2024
£
£
Stocks
10,250
4,684
4. Trade and other receivables
2023
2024
£
£
Trade debtors
132,097
117,505
Other debtors
11,592
7,319
124,824
143,689
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
10,085
9,829
Trade creditors
147,500
120,540
Taxation and social security
10,438
21,907
Other creditors
70,408
72,514
238,431
224,790
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7
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
£
£
Bank loans and overdraft
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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