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REGISTERED NUMBER: 08611435 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

SHAMLEY GREEN STORES LIMITED

SHAMLEY GREEN STORES LIMITED (REGISTERED NUMBER: 08611435)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SHAMLEY GREEN STORES LIMITED

COMPANY INFORMATION
For The Year Ended 31 July 2024







DIRECTORS: D C J Whyte
K Whyte





REGISTERED OFFICE: 7a Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT





REGISTERED NUMBER: 08611435 (England and Wales)

SHAMLEY GREEN STORES LIMITED (REGISTERED NUMBER: 08611435)

ABRIDGED BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 59,345 1,258,963

CURRENT ASSETS
Stocks 76,166 71,897
Debtors 741,966 134,806
Cash at bank and in hand 92,674 30,670
910,806 237,373
CREDITORS
Amounts falling due within one year 314,134 797,768
NET CURRENT ASSETS/(LIABILITIES) 596,672 (560,395 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

656,017

698,568

CREDITORS
Amounts falling due after more than one year (39,437 ) (63,036 )

PROVISIONS FOR LIABILITIES (14,821 ) (101,902 )
NET ASSETS 601,759 533,630

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve - 270,987
Retained earnings 601,659 262,543
SHAREHOLDERS' FUNDS 601,759 533,630

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

SHAMLEY GREEN STORES LIMITED (REGISTERED NUMBER: 08611435)

ABRIDGED BALANCE SHEET - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 April 2025 and were signed on its behalf by:





D C J Whyte - Director


SHAMLEY GREEN STORES LIMITED (REGISTERED NUMBER: 08611435)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 July 2024


1. STATUTORY INFORMATION

Shamley Green Stores 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents sales of food and household products, excluding value added tax, sold during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles- 20% reducing balance
Fixtures and fittings- 20% reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost includes all costs of purchase, including costs to bring stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments
Assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. Payments are apportioned between the finance charge and the capital amount and the related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

SHAMLEY GREEN STORES LIMITED (REGISTERED NUMBER: 08611435)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable are charged to the profit and loss in the period to which they relate.

Company contributions payable to the directors' private pension schemes are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 22 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 1,523,454
Additions 19,941
Disposals (1,288,812 )
At 31 July 2024 254,583
DEPRECIATION
At 1 August 2023 264,491
Charge for year 13,601
Eliminated on disposal (82,854 )
At 31 July 2024 195,238
NET BOOK VALUE
At 31 July 2024 59,345
At 31 July 2023 1,258,963

Totals
£

Freehold revaluation in 201982,355
Freehold revaluation in 2023278,577
Freehold property cost919,190
Freehold property disposal(1,280,122)

-

SHAMLEY GREEN STORES LIMITED (REGISTERED NUMBER: 08611435)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 July 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Totals
£   
COST
At 1 August 2023 8,690
Disposals (8,690 )
At 31 July 2024 -
DEPRECIATION
At 1 August 2023 2,732
Eliminated on disposal (2,732 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 5,958

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 63,036 548,715

Fixed and floating charges over the undertaking and all property and assets present and future were created on 29 January 2014 by Santander UK plc to secure all monies due or becoming due. The charge also contained a negative pledge over the property.

6. RELATED PARTY DISCLOSURES

The following balances were due from related parties at the end of the reporting period:

2024 2023
£ £

2049 Holdings Limited 629,670 -

The following balances where due to related parties at the end of the reporting period:

2024 2023
£ £

Hazelbank Stores Limited 157,522 175,356