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REGISTERED NUMBER: 02039643 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Shenley Finance Limited

Shenley Finance Limited (Registered number: 02039643)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shenley Finance Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: S D Finegold
Mrs J T Finegold
Mrs L E M Marchant
Mrs S P Swerner





SECRETARY: Mrs J T Finegold





REGISTERED OFFICE: NT Accountancy
43 Lynton Mead
London
N20 8DG





REGISTERED NUMBER: 02039643 (England and Wales)





ACCOUNTANTS: NT Accountancy
Chartered Accountants
43 Lynton Mead
London
N20 8DG

Shenley Finance Limited (Registered number: 02039643)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,678 2,842
Investments 5 50 50
2,728 2,892

CURRENT ASSETS
Debtors 6 2,759,107 2,772,887
Investments 7 6,182 6,182
Cash at bank 224,560 155,522
2,989,849 2,934,591
CREDITORS
Amounts falling due within one year 8 356,266 326,049
NET CURRENT ASSETS 2,633,583 2,608,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,636,311

2,611,434

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 3,600 3,600
Retained earnings 2,631,711 2,606,834
SHAREHOLDERS' FUNDS 2,636,311 2,611,434

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Shenley Finance Limited (Registered number: 02039643)

Balance Sheet - continued
30 June 2024


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 23 December 2024 and were signed on its behalf by:





S D Finegold - Director


Shenley Finance Limited (Registered number: 02039643)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Shenley Finance 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.

Revenue recognition
Turnover represents interest received from loan advances made.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 14,697 5,661 20,358
Additions - 505 505
At 30 June 2024 14,697 6,166 20,863
DEPRECIATION
At 1 July 2023 13,420 4,096 17,516
Charge for year 255 414 669
At 30 June 2024 13,675 4,510 18,185
NET BOOK VALUE
At 30 June 2024 1,022 1,656 2,678
At 30 June 2023 1,277 1,565 2,842

Shenley Finance Limited (Registered number: 02039643)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 July 2023
and 30 June 2024 50
NET BOOK VALUE
At 30 June 2024 50
At 30 June 2023 50

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 874,645 1,216,932
Other debtors 915,665 826,976
Directors' current accounts 968,797 728,979
2,759,107 2,772,887

7. CURRENT ASSET INVESTMENTS
30.6.24 30.6.23
£    £   
Investments 6,182 6,182
Market value of listed investments at 30 June 2024 - £ 6,182 (2023 - £ 6,182 ).

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Corporation tax 86,779 57,564
Social security and other taxes 863 863
Other creditors 259,505 256,125
Accrued expenses 9,119 11,497
356,266 326,049

Shenley Finance Limited (Registered number: 02039643)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mrs J T Finegold
Balance outstanding at start of year 728,979 563,806
Amounts advanced 239,818 165,173
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 968,797 728,979

During the year, the director has been charged a rate of Interest of 2.25% on the outstanding loan.The outstanding loan as at 30th June 2024 has been classified in debtors.

10. RELATED PARTY DISCLOSURES

The balance due to Shenley Finance Limited by Rutland House Investments Limited as at 30th June 2024 was £298,481 (2022: £278,481 ).