IRIS Accounts Production v25.1.3.33 10662165 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106621652022-03-31106621652023-03-31106621652022-04-012023-03-31106621652021-03-31106621652021-04-012022-03-31106621652022-03-3110662165ns15:EnglandWales2022-04-012023-03-3110662165ns14:PoundSterling2022-04-012023-03-3110662165ns10:Director12022-04-012023-03-3110662165ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3110662165ns10:SmallEntities2022-04-012023-03-3110662165ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3110662165ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110662165ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3110662165ns10:FullAccounts2022-04-012023-03-3110662165ns10:Director22022-04-012023-03-3110662165ns10:RegisteredOffice2022-04-012023-03-3110662165ns5:CurrentFinancialInstruments2023-03-3110662165ns5:CurrentFinancialInstruments2022-03-3110662165ns5:Non-currentFinancialInstruments2023-03-3110662165ns5:Non-currentFinancialInstruments2022-03-3110662165ns5:ShareCapital2023-03-3110662165ns5:ShareCapital2022-03-3110662165ns5:RetainedEarningsAccumulatedLosses2023-03-3110662165ns5:RetainedEarningsAccumulatedLosses2022-03-3110662165ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3110662165ns5:WithinOneYearns5:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 10662165 (England and Wales)



















SHELLSTONE LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






SHELLSTONE LTD (REGISTERED NUMBER: 10662165)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


SHELLSTONE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr A Grossman
Mr M Rosen





REGISTERED OFFICE: 24 Oldhill Street
London
N16 6LB





REGISTERED NUMBER: 10662165 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS

SHELLSTONE LTD (REGISTERED NUMBER: 10662165)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 5 114,250 25,000
Debtors 6 472,291 376,918
Cash at bank 5,517 81,796
592,058 483,714
CREDITORS
Amounts falling due within one year 7 325,761 240,520
NET CURRENT ASSETS 266,297 243,194
TOTAL ASSETS LESS CURRENT
LIABILITIES

266,297

243,194

CREDITORS
Amounts falling due after more than one
year

8

23,563

31,667
NET ASSETS 242,734 211,527

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 242,733 211,526
242,734 211,527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

SHELLSTONE LTD (REGISTERED NUMBER: 10662165)

BALANCE SHEET - continued
31 MARCH 2023


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 2 July 2025 and were signed on its behalf by:





Mr M Rosen - Director


SHELLSTONE LTD (REGISTERED NUMBER: 10662165)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Shellstone 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. 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.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 3 ) .

5. STOCKS
2023 2022
£    £   
Stocks 114,250 25,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,574 33,098
Other debtors 469,717 343,820
472,291 376,918

SHELLSTONE LTD (REGISTERED NUMBER: 10662165)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,000 10,000
Trade creditors 61,651 -
Taxation and social security 77,268 68,116
Other creditors 177,842 162,404
325,761 240,520

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 23,563 31,667

9. RELATED PARTY DISCLOSURES

Other debtors include amounts aggregating £326,776 (2022: £285,610) due from related companies under common control.

Other creditors include amounts aggregating £127,556 (2022: £102,784) due to related companies under common control.