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REGISTERED NUMBER: 07540980 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Mother Shiptons Limited

Mother Shiptons Limited (Registered number: 07540980)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Mother Shiptons Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: F M Martin





SECRETARY:





REGISTERED OFFICE: Prophecy Lodge
High Bridge
Knaresborough
North Yorkshire
HG5 8DD





REGISTERED NUMBER: 07540980 (England and Wales)





ACCOUNTANTS: Franks Accountants Limited
First Floor
Equinox 1
Audby Lane
Wetherby
West Yorkshire
LS22 7RD

Mother Shiptons Limited (Registered number: 07540980)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,233 -
Tangible assets 5 513,720 612,895
518,953 612,895

CURRENT ASSETS
Stocks 80,000 120,000
Debtors 6 16,943 43,888
Cash at bank and in hand 589,905 306,232
686,848 470,120
CREDITORS
Amounts falling due within one year 7 152,461 82,213
NET CURRENT ASSETS 534,387 387,907
TOTAL ASSETS LESS CURRENT LIABILITIES 1,053,340 1,000,802

CREDITORS
Amounts falling due after more than one
year

8

-

25,029
NET ASSETS 1,053,340 975,773

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,053,240 975,673
1,053,340 975,773

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Mother Shiptons Limited (Registered number: 07540980)

Balance Sheet - continued
28 February 2025


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 12 July 2025 and were signed by:





F M Martin - Director


Mother Shiptons Limited (Registered number: 07540980)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Mother Shiptons 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
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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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



Fixtures & Fittings25%Straight Line
Computer Equipment25%Straight Line
Plant & Machinery25%Straight Line
Motor Vehicles25%Reducing Balance
Improvements to Property2%Straight Line

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 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.

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.

Mother Shiptons Limited (Registered number: 07540980)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 38 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2024 2,323
Additions 7,850
At 28 February 2025 10,173
AMORTISATION
At 1 March 2024 2,323
Charge for year 2,617
At 28 February 2025 4,940
NET BOOK VALUE
At 28 February 2025 5,233
At 29 February 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 1,525,117
Additions 189,607
Disposals (20,134 )
At 28 February 2025 1,694,590
DEPRECIATION
At 1 March 2024 912,222
Charge for year 274,053
Eliminated on disposal (5,405 )
At 28 February 2025 1,180,870
NET BOOK VALUE
At 28 February 2025 513,720
At 29 February 2024 612,895

Mother Shiptons Limited (Registered number: 07540980)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 527 449
Other debtors 16,416 43,439
16,943 43,888

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 5,865 8,722
Trade creditors 26,194 25,474
Taxation and social security 84,026 7,586
Other creditors 36,376 40,431
152,461 82,213

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans - 25,029