IRIS Accounts Production v25.1.4.42 01235620 Board of Directors 26.3.24 25.3.25 25.3.25 false true false false true false Fair value model Ordinary 0.10000 Ordinary B 0.10000 Ordinary C 0.10000 Ordinary D 0.10000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01235620 2024-03-25 01235620 2025-03-25 01235620 2024-03-26 2025-03-25 01235620 2023-03-25 01235620 2023-03-26 2024-03-25 01235620 2024-03-25 01235620 ns15:EnglandWales 2024-03-26 2025-03-25 01235620 ns14:PoundSterling 2024-03-26 2025-03-25 01235620 ns10:Director1 2024-03-26 2025-03-25 01235620 ns10:PrivateLimitedCompanyLtd 2024-03-26 2025-03-25 01235620 ns10:SmallEntities 2024-03-26 2025-03-25 01235620 ns10:AuditExempt-NoAccountantsReport 2024-03-26 2025-03-25 01235620 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-26 2025-03-25 01235620 ns10:SmallCompaniesRegimeForAccounts 2024-03-26 2025-03-25 01235620 ns10:FullAccounts 2024-03-26 2025-03-25 01235620 ns10:OrdinaryShareClass1 2024-03-26 2025-03-25 01235620 ns10:OrdinaryShareClass2 2024-03-26 2025-03-25 01235620 ns10:OrdinaryShareClass3 2024-03-26 2025-03-25 01235620 ns10:OrdinaryShareClass4 2024-03-26 2025-03-25 01235620 ns10:Director2 2024-03-26 2025-03-25 01235620 ns10:Director3 2024-03-26 2025-03-25 01235620 ns10:Director4 2024-03-26 2025-03-25 01235620 ns10:CompanySecretary1 2024-03-26 2025-03-25 01235620 ns10:RegisteredOffice 2024-03-26 2025-03-25 01235620 ns5:CurrentFinancialInstruments 2025-03-25 01235620 ns5:CurrentFinancialInstruments 2024-03-25 01235620 ns5:ShareCapital 2025-03-25 01235620 ns5:ShareCapital 2024-03-25 01235620 ns5:CapitalRedemptionReserve 2025-03-25 01235620 ns5:CapitalRedemptionReserve 2024-03-25 01235620 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-25 01235620 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-25 01235620 ns5:RetainedEarningsAccumulatedLosses 2025-03-25 01235620 ns5:RetainedEarningsAccumulatedLosses 2024-03-25 01235620 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-25 01235620 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-25 01235620 ns10:OrdinaryShareClass1 2025-03-25 01235620 ns10:OrdinaryShareClass2 2025-03-25 01235620 ns10:OrdinaryShareClass3 2025-03-25 01235620 ns10:OrdinaryShareClass4 2025-03-25

REGISTERED NUMBER: 01235620 (England and Wales)

Shellihurst Properties Limited

Unaudited Financial Statements for the Year Ended 25 March 2025

| Shellihurst Properties Limited (Registered number: 01235620) |

Contents of the Financial Statements

for the year ended 25 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Shellihurst Properties Limited |

Company Information

for the year ended 25 March 2025

| DIRECTORS: | A Williams

| R Williams

| R J Williams

| J Gleeson Williams

| SECRETARY: | A Williams

| REGISTERED OFFICE: | One New Street

| Wells

| Somerset

| BA5 2LA

| REGISTERED NUMBER: | 01235620 (England and Wales)

| ACCOUNTANTS: | Webb & Co Ltd

| Accountants and Business Advisers

| One New Street

| Wells

| Somerset

| BA5 2LA

| Shellihurst Properties Limited (Registered number: 01235620) |

Balance Sheet

25 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 800,000 |  | 800,000 |  |

CURRENT ASSETS

Debtors | 5 | 37,524 |  | 35,760 |  |

Cash at bank | 53,485 |  | 67,509 |  |

91,009 |  | 103,269 |  |

CREDITORS

Amounts falling due within one year | 6 | 42,568 |  | 63,982 |  |

NET CURRENT ASSETS | 48,441 |  | 39,287 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 848,441 |  | 839,287 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 1,000 |  | 1,000 |  |

Capital redemption reserve | 1,000 |  | 1,000 |  |

Fair value reserve | 349,976 |  | 349,976 |  |

Retained earnings | 496,465 |  | 487,311 |  |

SHAREHOLDERS' FUNDS | 848,441 |  | 839,287 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 March 2025 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2025 and were signed on its behalf by:

A Williams - Director

| Shellihurst Properties Limited (Registered number: 01235620) |

Notes to the Financial Statements

for the year ended 25 March 2025

1. | STATUTORY INFORMATION

| Shellihurst Properties 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents rental income from properties and is recognised on a straight-line basis over the term of the lease. Rental income is measured at the fair value of the consideration received or receivable, excluding VAT. Incentives granted to tenants, such as rent-free periods, are recognised evenly over the term of the lease. Any service charges and other income related to leased assets are recognised when the related services are performed.

| 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 Profit and Loss Account, 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

| Shellihurst Properties Limited (Registered number: 01235620) |

Notes to the Financial Statements - continued

for the year ended 25 March 2025

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 26 March 2024

| and 25 March 2025 | 800,000 |  |

| NET BOOK VALUE

| At 25 March 2025 | 800,000 |  |

| At 25 March 2024 | 800,000 |  |

| If investment properties had not been revalued they would have been included at the following historical cost £450,024 (2024 - £450,024).

| Investment properties were valued at open market value by the directors at 25 March 2025.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 36,069 |  | 33,695 |  |

| Other debtors | 1,455 |  | 2,065 |  |

37,524 |  | 35,760 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 8,465 |  | 5,229 |  |

| Other creditors | 34,103 |  | 58,753 |  |

42,568 |  | 63,982 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 4,000 | Ordinary | 10p | 400 |  | 400 |  |

| 2,000 | Ordinary B | 10p | 200 |  | 200 |  |

| 2,000 | Ordinary C | 10p | 200 |  | 200 |  |

| 2,000 | Ordinary D | 10p | 200 |  | 200 |  |

1,000 |  | 1,000 |  |