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REGISTERED NUMBER: 07936329 (England and Wales)










Unaudited Financial Statements for the Year Ended 28 February 2025

for

SHAW I.T. CONSULTANCY LIMITED

SHAW I.T. CONSULTANCY LIMITED (REGISTERED NUMBER: 07936329)

Contents of the Financial Statements
for the Year Ended 28 February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

SHAW I.T. CONSULTANCY LIMITED

Company Information
for the Year Ended 28 February 2025







DIRECTORS: W A Shaw
Mrs J E Shaw





REGISTERED OFFICE: 7 Hartwood Close
Newport
Shropshire
TF10 7NZ





REGISTERED NUMBER: 07936329 (England and Wales)





ACCOUNTANTS: CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW

SHAW I.T. CONSULTANCY LIMITED (REGISTERED NUMBER: 07936329)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,584 3,223

CURRENT ASSETS
Debtors 5 24,928 17,785
Cash at bank 46,093 49,340
71,021 67,125
CREDITORS
Amounts falling due within one year 6 25,916 28,831
NET CURRENT ASSETS 45,105 38,294
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,689

41,517

PROVISIONS FOR LIABILITIES 1,139 675
NET ASSETS 49,550 40,842

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 49,450 40,742
SHAREHOLDERS' FUNDS 49,550 40,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





W A Shaw - Director


SHAW I.T. CONSULTANCY LIMITED (REGISTERED NUMBER: 07936329)

Notes to the Financial Statements
for the Year Ended 28 February 2025


1. STATUTORY INFORMATION

Shaw I.T. Consultancy 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.

Significant judgements and estimates
Preparation of the financial statements requires management to make significant judgements, estimates and assumptions that affect the amounts reported for the assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the 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
Computer equipment - 25% on reducing balance

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.

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.

Employee benefits
The company's holiday period is 1 March - 28 February, therefore no accrued holiday pay provision is required in these accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

SHAW I.T. CONSULTANCY LIMITED (REGISTERED NUMBER: 07936329)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2024 2,624 - 7,909 10,533
Additions - 333 3,497 3,830
At 28 February 2025 2,624 333 11,406 14,363
DEPRECIATION
At 1 March 2024 1,040 - 6,270 7,310
Charge for year 396 78 995 1,469
At 28 February 2025 1,436 78 7,265 8,779
NET BOOK VALUE
At 28 February 2025 1,188 255 4,141 5,584
At 29 February 2024 1,584 - 1,639 3,223

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 16,524 16,027
Other debtors 8,404 1,758
24,928 17,785

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 88 60
Taxation and social security 24,944 27,821
Other creditors 884 950
25,916 28,831

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 100% of the issued share capital.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Shaw I.T. Consultancy Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Shaw I.T. Consultancy Limited for the year ended 28 February 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Shaw I.T. Consultancy Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Shaw I.T. Consultancy Limited and state those matters that we have agreed to state to the Board of Directors of Shaw I.T. Consultancy Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shaw I.T. Consultancy Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Shaw I.T. Consultancy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Shaw I.T. Consultancy Limited. You consider that Shaw I.T. Consultancy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Shaw I.T. Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW


18 March 2025