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REGISTERED NUMBER: 09294922 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SHENGS (HEYSHAM) LIMITED

SHENGS (HEYSHAM) LIMITED (REGISTERED NUMBER: 09294922)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SHENGS (HEYSHAM) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr W Fu
Mrs S Fu



REGISTERED OFFICE: 9 Oxcliffe Road
Heysham
Morecambe
Lancashire
LA13 1PR



REGISTERED NUMBER: 09294922 (England and Wales)



BANKERS: National Westminster Bank plc
PO Box 1
262 Marine Road Central
Morecambe
Lancashire
LA4 4BJ

SHENGS (HEYSHAM) LIMITED (REGISTERED NUMBER: 09294922)

ABRIDGED BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 2,000
Tangible assets 5 8,057 4,760
8,057 6,760

CURRENT ASSETS
Stocks 3,800 3,800
Debtors 2,212 560
Cash at bank and in hand 78,827 79,569
84,839 83,929
CREDITORS
Amounts falling due within one year 78,376 76,549
NET CURRENT ASSETS 6,463 7,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,520

14,140

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 14,420 14,040
SHAREHOLDERS' FUNDS 14,520 14,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

SHENGS (HEYSHAM) LIMITED (REGISTERED NUMBER: 09294922)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 June 2025 and were signed on its behalf by:





Mr W Fu - Director


SHENGS (HEYSHAM) LIMITED (REGISTERED NUMBER: 09294922)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Shengs (Heysham) 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.

Turnover
Turnover represents net sales of goods and services, excluding VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Goodwill is initially measured at cost. After initial recognition, goodwill is measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

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

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 11 (2023 - 10 ) .

SHENGS (HEYSHAM) LIMITED (REGISTERED NUMBER: 09294922)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 20,000
AMORTISATION
At 1 January 2024 18,000
Amortisation for year 2,000
At 31 December 2024 20,000
NET BOOK VALUE

At 31 December 2024 -
At 31 December 2023 2,000

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 23,758
Additions 6,574
At 31 December 2024 30,332
DEPRECIATION
At 1 January 2024 18,998
Charge for year 3,277
At 31 December 2024 22,275
NET BOOK VALUE
At 31 December 2024 8,057
At 31 December 2023 4,760

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100