Registered number
14170365
SHORESTON HALL LTD
Unaudited Filleted Accounts
31 March 2025
SHORESTON HALL LTD
Registered number: 14170365
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Stocks 4,875,850 3,973,244
Debtors 3 216,907 168,884
Cash at bank and in hand 56,101 15,579
5,148,858 4,157,707
Creditors: amounts falling due within one year 4 (5,254,577) (4,231,294)
Net current liabilities (105,719) (73,587)
Net liabilities (105,719) (73,587)
Capital and reserves
Called up share capital 100 100
Profit and loss account (105,819) (73,687)
Shareholder's funds (105,719) (73,587)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jeremy Ellis
Director
Approved by the board on 16 July 2025
SHORESTON HALL LTD
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The accounts have been prepared on a going concern basis as the group has sufficient resources and assets to meet the liabilities.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2025 2024
£ £
Trade debtors 199,673 -
Amounts owed by group undertakings and undertakings in which the company has a participating interest - 155,000
Other debtors 17,234 13,884
216,907 168,884
4 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 202 417,494
Amounts owed to group undertakings and undertakings in which the company has a participating interest 749,900 604,900
Other creditors 4,504,475 3,208,900
5,254,577 4,231,294
5 Related party transactions
The Company has taken advantage of the exemption available in FRS 102 whereby it has not disclosed transactions with the immediate parent company or any wholly owned subsidiary undertsaking of the group.
At the balance sheet date, the loan payable to Matra Holdings (UK) Limited amounted to £734,900 (2024:£589,900). The companies are related by way of common directors. The loan is interest free and unsecured.
6 Controlling party
The immediate parent company is Matra Holdings (UK) Limited, a company registered in England and Wales. The ultimate parent company is Matra Limited, a company incorporated in Jersey. The ultimate controlling party is Nayef Marar.
7 Parent company
SHORESTON HALL LTD is a private company limited by shares and incorporated in England. Its registered office is:
c/o Virtual Company Secretary Ltd
7 York Road
Woking
GU22 7XH
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