Silverfin false false 31/05/2025 01/06/2024 31/05/2025 Ms S A Hoare 14/02/2017 Mr G M Swatton 14/02/2017 11 August 2025 The principal activity of the company continued to be that of the letting of residential and commercial property owned by the company. 10619293 2025-05-31 10619293 bus:Director1 2025-05-31 10619293 bus:Director2 2025-05-31 10619293 2024-05-31 10619293 core:CurrentFinancialInstruments 2025-05-31 10619293 core:CurrentFinancialInstruments 2024-05-31 10619293 core:Non-currentFinancialInstruments 2025-05-31 10619293 core:Non-currentFinancialInstruments 2024-05-31 10619293 core:ShareCapital 2025-05-31 10619293 core:ShareCapital 2024-05-31 10619293 core:FurtherSpecificReserve1ComponentTotalEquity 2025-05-31 10619293 core:FurtherSpecificReserve1ComponentTotalEquity 2024-05-31 10619293 core:RetainedEarningsAccumulatedLosses 2025-05-31 10619293 core:RetainedEarningsAccumulatedLosses 2024-05-31 10619293 core:ComputerEquipment 2024-05-31 10619293 core:ComputerEquipment 2025-05-31 10619293 2024-06-01 2025-05-31 10619293 bus:FilletedAccounts 2024-06-01 2025-05-31 10619293 bus:SmallEntities 2024-06-01 2025-05-31 10619293 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 10619293 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10619293 bus:Director1 2024-06-01 2025-05-31 10619293 bus:Director2 2024-06-01 2025-05-31 10619293 core:ComputerEquipment core:TopRangeValue 2024-06-01 2025-05-31 10619293 2023-06-01 2024-05-31 10619293 core:ComputerEquipment 2024-06-01 2025-05-31 10619293 core:CurrentFinancialInstruments 2024-06-01 2025-05-31 10619293 core:Non-currentFinancialInstruments 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure

Company No: 10619293 (England and Wales)

SH & GS PROPERTY GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH THE REGISTRAR

SH & GS PROPERTY GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025

Contents

SH & GS PROPERTY GROUP LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
SH & GS PROPERTY GROUP LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
DIRECTORS Ms S A Hoare
Mr G M Swatton
REGISTERED OFFICE The Arches
Amport
Andover
Hampshire
SP11 8BE
United Kingdom
COMPANY NUMBER 10619293 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
264 Banbury Road
Oxford
OX2 7DY
United Kingdom
SH & GS PROPERTY GROUP LIMITED

BALANCE SHEET

AS AT 31 MAY 2025
SH & GS PROPERTY GROUP LIMITED

BALANCE SHEET (continued)

AS AT 31 MAY 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 985 1,958
Investment property 4 18,220,000 18,220,000
18,220,985 18,221,958
Current assets
Debtors 5 96,887 107,513
Cash at bank and in hand 259,126 147,415
356,013 254,928
Creditors: amounts falling due within one year 6 ( 192,948) ( 172,874)
Net current assets 163,065 82,054
Total assets less current liabilities 18,384,050 18,304,012
Creditors: amounts falling due after more than one year 7 ( 792,378) ( 837,158)
Provision for liabilities 8 ( 291,496) ( 291,740)
Net assets 17,300,176 17,175,114
Capital and reserves
Called-up share capital 15,690,976 15,690,976
Fair value reserve 873,750 873,750
Profit and loss account 735,450 610,388
Total shareholders' funds 17,300,176 17,175,114

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of SH & GS Property Group Limited (registered number: 10619293) were approved and authorised for issue by the Board of Directors on 11 August 2025. They were signed on its behalf by:

Mr G M Swatton
Director
SH & GS PROPERTY GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
SH & GS PROPERTY GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

SH & GS Property Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Arches, Amport, Andover, Hampshire, SP11 8BE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

The rentals on operating leases are credited to the profit and loss account on a straight line basis over the lease term.

Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment 3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date or at date when property is disposed. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities
Basic financial liabilities, including trade and creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 June 2024 6,275 6,275
At 31 May 2025 6,275 6,275
Accumulated depreciation
At 01 June 2024 4,317 4,317
Charge for the financial year 973 973
At 31 May 2025 5,290 5,290
Net book value
At 31 May 2025 985 985
At 31 May 2024 1,958 1,958

4. Investment property

Investment property
£
Valuation
As at 01 June 2024 18,220,000
As at 31 May 2025 18,220,000

5. Debtors

2025 2024
£ £
Trade debtors 86,105 95,539
Prepayments 10,782 11,974
96,887 107,513

6. Creditors: amounts falling due within one year

2025 2024
£ £
Bank loans 6,839 12,965
Accruals 6,240 6,276
Taxation and social security 175,529 149,681
Other creditors 4,340 3,952
192,948 172,874

The bank loan is secured by way of fixed charges over various land and buildings held by the company.

7. Creditors: amounts falling due after more than one year

2025 2024
£ £
Bank loans 792,378 837,158

The bank loan is secured by way of fixed charges over various land and buildings held by the company.

8. Provision for liabilities

2025 2024
£ £
Deferred tax 291,496 291,740