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REGISTERED NUMBER: 14485724 (England and Wales)











Shea Residential Ltd

Unaudited Financial Statements

for the Year Ended 30 November 2024






Shea Residential Ltd (Registered number: 14485724)






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




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Shea Residential Ltd

Company Information
for the Year Ended 30 November 2024







Director: L Pritchard





Registered office: Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ





Registered number: 14485724 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Shea Residential Ltd (Registered number: 14485724)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £   
Fixed assets
Tangible assets 4 385 -
Investment property 5 418,489 250,000
418,874 250,000

Current assets
Debtors 6 - 1,000
Cash at bank 7,665 540
7,665 1,540
Creditors
Amounts falling due within one year 7 (368,577 ) (245,727 )
Net current liabilities (360,912 ) (244,187 )
Total assets less current liabilities 57,962 5,813

Creditors
Amounts falling due after more than one
year

8

(45,000

)

-
Net assets 12,962 5,813

Shea Residential Ltd (Registered number: 14485724)

Balance Sheet - continued
30 November 2024

30.11.24 30.11.23
Notes £    £   
Capital and reserves
Called up share capital 9 1 1
Retained earnings 12,961 5,812
Shareholders' funds 12,962 5,813

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 her 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.

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 director and authorised for issue on 1 April 2025 and were signed by:





L Pritchard - Director


Shea Residential Ltd (Registered number: 14485724)

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

1. Statutory information

Shea Residential 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is 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 or deferred taxation assets and liabilities are not discounted.

Current tax is 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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

Shea Residential Ltd (Registered number: 14485724)

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

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
Additions 514
At 30 November 2024 514
Depreciation
Charge for year 129
At 30 November 2024 129
Net book value
At 30 November 2024 385

5. Investment property
Total
£   
Fair value
At 1 December 2023 250,000
Additions 168,489
At 30 November 2024 418,489
Net book value
At 30 November 2024 418,489
At 30 November 2023 250,000

6. Debtors: amounts falling due within one year
30.11.24 30.11.23
£    £   
Prepayments - 1,000

7. Creditors: amounts falling due within one year
30.11.24 30.11.23
£    £   
Taxation and social security 1,587 1,413
Other creditors 366,990 244,314
368,577 245,727

Shea Residential Ltd (Registered number: 14485724)

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

8. Creditors: amounts falling due after more than one year
30.11.24 30.11.23
£    £   
Bank loans 45,000 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans repayable after more than five
years

45,000

-

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
1 Ordinary £1 1 1