0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 201 201 201 xbrli:pure xbrli:shares iso4217:GBP 09515639 2023-10-01 2024-09-30 09515639 2024-09-30 09515639 2023-09-30 09515639 2022-10-01 2023-09-30 09515639 2023-09-30 09515639 2022-09-30 09515639 bus:Director1 2023-10-01 2024-09-30 09515639 core:WithinOneYear 2024-09-30 09515639 core:WithinOneYear 2023-09-30 09515639 core:ShareCapital 2024-09-30 09515639 core:ShareCapital 2023-09-30 09515639 core:RetainedEarningsAccumulatedLosses 2024-09-30 09515639 core:RetainedEarningsAccumulatedLosses 2023-09-30 09515639 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 09515639 core:Non-currentFinancialInstruments 2024-09-30 09515639 core:Non-currentFinancialInstruments 2023-09-30 09515639 bus:SmallEntities 2023-10-01 2024-09-30 09515639 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09515639 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09515639 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09515639 bus:FullAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 09515639
Shanco Group Limited
Filleted Unaudited Financial Statements
30 September 2024
Shanco Group Limited
Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
£
Fixed assets
Investments
4
201
201
Current assets
Debtors
5
353,066
197,101
Creditors: amounts falling due within one year
6
276,687
120,722
---------
---------
Net current assets
76,379
76,379
--------
--------
Total assets less current liabilities
76,580
76,580
--------
--------
Shanco Group Limited
Statement of Financial Position (continued)
30 September 2024
2024
2023
Note
£
£
£
Capital and reserves
Called up share capital
401
401
Profit and loss account
76,179
76,179
--------
--------
Shareholders funds
76,580
76,580
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 27 March 2025 , and are signed on behalf of the board by:
D G Armour
Director
Company registration number: 09515639
Shanco Group Limited
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 3 Flass Lane, Cutsyke Junction, Castleford, West Yorkshire, WF10 5JW.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
4. Investments
Shares in group undertakings
£
Cost
At 1 October 2023 and 30 September 2024
201
----
Impairment
At 1 October 2023 and 30 September 2024
----
Carrying amount
At 30 September 2024
201
----
At 30 September 2023
201
----
5. Debtors
2024
2023
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
347,966
192,001
Other debtors
5,100
5,100
---------
---------
353,066
197,101
---------
---------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
276,687
120,722
---------
---------
7. Related party transactions
The company was under the control of its directors throughout the current and previous year. No transactions with related parties were undertaken such as are required to be disclosed under FRS102.