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Company Registration No. 03101541 (England and Wales)
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED Unaudited accounts for the year ended 30 September 2024
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED Unaudited accounts Contents
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SHEPHERD HYDRAULICS & PNEUMATICS LIMITED Company Information for the year ended 30 September 2024
Directors
Edward Shepherd Isaac Shepherd
Company Number
03101541 (England and Wales)
Registered Office
UNIT E, SALCOMBE COURT SALCOMBE ROAD ALFRETON DERBYSHIRE DE55 7EG
Accountants
Mr & Mrs Wilks Limited 19 Catkin Drive Giltbrook Nottingham NG16 2UB
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SHEPHERD HYDRAULICS & PNEUMATICS LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
512,662 
519,698 
Current assets
Inventories
95,967 
95,967 
Debtors
291,193 
282,824 
Cash at bank and in hand
31,154 
9,769 
418,314 
388,560 
Creditors: amounts falling due within one year
(456,273)
(521,266)
Net current liabilities
(37,959)
(132,706)
Total assets less current liabilities
474,703 
386,992 
Creditors: amounts falling due after more than one year
(454,637)
(292,283)
Provisions for liabilities
Deferred tax
- 
(30,089)
Net assets
20,066 
64,620 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
62,528 
62,528 
Profit and loss account
(42,562)
1,992 
Shareholders' funds
20,066 
64,620 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by
Edward Shepherd Director Company Registration No. 03101541
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SHEPHERD HYDRAULICS & PNEUMATICS LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
SHEPHERD HYDRAULICS & PNEUMATICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03101541. The registered office is UNIT E, SALCOMBE COURT, SALCOMBE ROAD, ALFRETON, DERBYSHIRE, DE55 7EG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
33% on Cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
469,051 
209,352 
137,660 
816,063 
Additions
- 
3,350 
- 
3,350 
At 30 September 2024
469,051 
212,702 
137,660 
819,413 
Depreciation
At 1 October 2023
- 
179,903 
116,462 
296,365 
Charge for the year
- 
5,087 
5,299 
10,386 
At 30 September 2024
- 
184,990 
121,761 
306,751 
Net book value
At 30 September 2024
469,051 
27,712 
15,899 
512,662 
At 30 September 2023
469,051 
29,449 
21,198 
519,698 
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SHEPHERD HYDRAULICS & PNEUMATICS LIMITED Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
254,119 
245,750 
Accrued income and prepayments
4,389 
4,389 
Other debtors
32,685 
32,685 
291,193 
282,824 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
209,788 
321,563 
VAT
14,734 
12,884 
Obligations under finance leases and hire purchase contracts
- 
2,156 
Trade creditors
165,891 
83,263 
Amounts owed to group undertakings and other participating interests
1,000 
1,000 
Taxes and social security
24,307 
28,882 
Other creditors
74,389 
98,664 
Loans from directors
(36,806)
(30,116)
Accruals
2,970 
2,970 
456,273 
521,266 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
454,637 
292,283 
8
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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