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REGISTERED NUMBER: 11697307 (England and Wales)














SHUEL CONSTRUCTION LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024






SHUEL CONSTRUCTION LTD (REGISTERED NUMBER: 11697307)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SHUEL CONSTRUCTION LTD

COMPANY INFORMATION
for the Year Ended 30 November 2024







DIRECTOR: A M Bradley





REGISTERED OFFICE: 5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE





REGISTERED NUMBER: 11697307 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

SHUEL CONSTRUCTION LTD (REGISTERED NUMBER: 11697307)

STATEMENT OF FINANCIAL POSITION
30 November 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 84,468 81,510

CURRENT ASSETS
Stocks 185,000 134,000
Debtors 6 309,893 49,684
Cash at bank 149,715 180,965
644,608 364,649
CREDITORS
Amounts falling due within one year 7 283,320 133,103
NET CURRENT ASSETS 361,288 231,546
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,756

313,056

PROVISIONS FOR LIABILITIES 20,999 20,157
NET ASSETS 424,757 292,899

CAPITAL AND RESERVES
Called up, paid and allotted share capital 100 100
Retained earnings 424,657 292,799
SHAREHOLDERS' FUNDS 424,757 292,899

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SHUEL CONSTRUCTION LTD (REGISTERED NUMBER: 11697307)

STATEMENT OF FINANCIAL POSITION - continued
30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 June 2025 and were signed by:





A M Bradley - Director


SHUEL CONSTRUCTION LTD (REGISTERED NUMBER: 11697307)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Shuel Construction Ltd 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.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Income recognition
Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

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
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
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. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SHUEL CONSTRUCTION LTD (REGISTERED NUMBER: 11697307)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 5 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2023 96,104 1,477 - 12,425 110,006
Additions - 4,865 27,323 2,044 34,232
At 30 November 2024 96,104 6,342 27,323 14,469 144,238
DEPRECIATION
At 1 December 2023 24,026 369 - 4,101 28,496
Charge for year 18,020 1,648 6,830 4,776 31,274
At 30 November 2024 42,046 2,017 6,830 8,877 59,770
NET BOOK VALUE
At 30 November 2024 54,058 4,325 20,493 5,592 84,468
At 30 November 2023 72,078 1,108 - 8,324 81,510

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 305,019 29,113
Other debtors 4,874 20,571
309,893 49,684

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 228,794 50,440
Taxation and social security 49,479 73,527
Other creditors 5,047 9,136
283,320 133,103

8. RELATED PARTY DISCLOSURES

The director operates a loan account with the company. During the year, loans in aggregate of £18,382 were made to the company of which £19,971 was repaid. At the balance sheet date, the director was owed £47.