Shellen Construction Limited 03168886 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of the provision of security construction services. Digita Accounts Production Advanced 6.30.9574.0 true 03168886 2023-04-01 2024-03-31 03168886 2024-03-31 03168886 bus:OrdinaryShareClass1 2024-03-31 03168886 core:RetainedEarningsAccumulatedLosses 2024-03-31 03168886 core:ShareCapital 2024-03-31 03168886 core:CurrentFinancialInstruments 2024-03-31 03168886 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03168886 core:FurnitureFittings 2024-03-31 03168886 core:MotorVehicles 2024-03-31 03168886 core:PlantMachinery 2024-03-31 03168886 bus:SmallEntities 2023-04-01 2024-03-31 03168886 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03168886 bus:AbridgedAccounts 2023-04-01 2024-03-31 03168886 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03168886 bus:RegisteredOffice 2023-04-01 2024-03-31 03168886 bus:Director1 2023-04-01 2024-03-31 03168886 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 03168886 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03168886 core:FurnitureFittings 2023-04-01 2024-03-31 03168886 core:MotorVehicles 2023-04-01 2024-03-31 03168886 core:OfficeEquipment 2023-04-01 2024-03-31 03168886 core:PlantMachinery 2023-04-01 2024-03-31 03168886 countries:AllCountries 2023-04-01 2024-03-31 03168886 2023-03-31 03168886 core:FurnitureFittings 2023-03-31 03168886 core:MotorVehicles 2023-03-31 03168886 core:PlantMachinery 2023-03-31 03168886 2022-04-01 2023-03-31 03168886 2023-03-31 03168886 bus:OrdinaryShareClass1 2023-03-31 03168886 core:RetainedEarningsAccumulatedLosses 2023-03-31 03168886 core:ShareCapital 2023-03-31 03168886 core:CurrentFinancialInstruments 2023-03-31 03168886 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03168886 core:FurnitureFittings 2023-03-31 03168886 core:MotorVehicles 2023-03-31 03168886 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03168886

Shellen Construction Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 March 2024

 

Shellen Construction Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 6

 

Shellen Construction Limited

Company Information

Director

M L Pitt

Registered office

Suite 1B1 Argyle House
Northside
Joel Street
Northwood Hills
HA6 1NW

Accountants

Ross + Partners
Chartered Certified Accountants
Suite 1B1 Argyle House
Northside
Joel Street
Northwood Hills
HA6 1NW

 

Shellen Construction Limited

(Registration number: 03168886)
Abridged Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

84,100

104,377

Current assets

 

Debtors

852,028

386,317

Cash at bank and in hand

 

24,812

259,629

 

876,840

645,946

Creditors: Amounts falling due within one year

(704,807)

(374,046)

Net current assets

 

172,033

271,900

Total assets less current liabilities

 

256,133

376,277

Provisions for liabilities

(34,321)

(30,682)

Net assets

 

221,812

345,595

Capital and reserves

 

Called up share capital

1,444

1,444

Retained earnings

220,368

344,151

Shareholders' funds

 

221,812

345,595

For the financial year ending 31 March 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 accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 2 April 2025
 

 

Shellen Construction Limited

(Registration number: 03168886)
Abridged Balance Sheet as at 31 March 2024

.........................................
M L Pitt
Director

 

Shellen Construction Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Shellen Construction Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

15% reducing balance

Office equipment

25% reducing balance

Plant and machinery

15% reducing balance

Motor vehicles

25% reducing balance

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 2).

 

Shellen Construction Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024

3

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2023

7,356

175,360

174,847

357,563

At 31 March 2024

7,356

175,360

174,847

357,563

Depreciation

At 1 April 2023

6,309

117,313

129,564

253,186

Charge for the year

251

8,707

11,319

20,277

At 31 March 2024

6,560

126,020

140,883

273,463

Carrying amount

At 31 March 2024

796

49,340

33,964

84,100

At 31 March 2023

1,047

58,047

45,283

104,377

4

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1,444

1,444

1,444

1,444