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REGISTERED NUMBER: 11133888 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024

FOR

SHELPING LIMITED

SHELPING LIMITED (REGISTERED NUMBER: 11133888)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SHELPING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024







DIRECTOR: Mr L P Mellor





REGISTERED OFFICE: Sherwood
Oxford Road
Frilford Heath
Abingdon
Oxfordshire
OX13 5NW





REGISTERED NUMBER: 11133888 (England and Wales)





ACCOUNTANTS: Accurate Business Consulting Limited
International House
36-38 Cornhill
London
EC3V 3NG

SHELPING LIMITED (REGISTERED NUMBER: 11133888)

BALANCE SHEET
1 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 90,097 105,039
Tangible assets 5 14,854 19,656
104,951 124,695

CURRENT ASSETS
Stocks 266,724 268,224
Debtors 6 37,872 38,527
Cash at bank 193 1,816
304,789 308,567
CREDITORS
Amounts falling due within one year 7 1,135,650 1,063,870
NET CURRENT LIABILITIES (830,861 ) (755,303 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(725,910

)

(630,608

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (726,010 ) (630,708 )
SHAREHOLDERS' FUNDS (725,910 ) (630,608 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 28 February 2025 and were signed by:





Mr L P Mellor - Director


SHELPING LIMITED (REGISTERED NUMBER: 11133888)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024

1. STATUTORY INFORMATION

Shelping 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 33% Straight line basis

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

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

SHELPING LIMITED (REGISTERED NUMBER: 11133888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 1 April 2024 149,415
AMORTISATION
At 1 April 2023 44,376
Charge for period 14,942
At 1 April 2024 59,318
NET BOOK VALUE
At 1 April 2024 90,097
At 31 March 2023 105,039

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023
and 1 April 2024 11,902 20,284 4,723 11,652 48,561
DEPRECIATION
At 1 April 2023 5,960 10,186 2,365 10,394 28,905
Charge for period 1,192 2,029 473 1,108 4,802
At 1 April 2024 7,152 12,215 2,838 11,502 33,707
NET BOOK VALUE
At 1 April 2024 4,750 8,069 1,885 150 14,854
At 31 March 2023 5,942 10,098 2,358 1,258 19,656

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,500 7,500
VAT 2,785 2,637
Prepayments and accrued income 27,587 28,390
37,872 38,527

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,659 28,158
Amounts owed to related party 1,118,963 1,035,684
Accruals and deferred income 28 28
1,135,650 1,063,870

8. RELATED PARTY DISCLOSURES

Included within creditors is an amount of £1,118,963 (2023: £1,035,684) owed to Harwood Claims Management, a company owned by 9293 Limited.

SHELPING LIMITED (REGISTERED NUMBER: 11133888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr L P Mellor.