Shield Property Services Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 02585397

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		18,224		26,636
Investment Properties	5		7,846,977		7,846,977

			7,865,201		7,873,613
CURRENT ASSETS
Debtors	6	2,555,966		1,707,465
Cash at bank and in hand		332,544		1,052,618

		2,888,510		2,760,083
Creditors: Amounts Falling Due Within One Year		(636,574 )		(547,004 )

NET CURRENT ASSETS (LIABILITIES)			2,251,936		2,213,079

TOTAL ASSETS LESS CURRENT LIABILITIES			10,117,137		10,086,692

Creditors: Amounts Falling Due After More Than One Year	7		(2,852,838 )		(2,852,947 )

PROVISIONS FOR LIABILITIES
Provisions For Charges			(10,000 )		(10,000 )
Deferred Taxation			(717,590 )		(717,590 )

NET ASSETS			6,536,709		6,506,155

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve	10		3,776,790		3,776,790
Profit and Loss Account			2,759,819		2,729,265

SHAREHOLDERS' FUNDS			6,536,709		6,506,155

Page 1

Page 2

Shield Property Services Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Elias Zakaria

Director

4 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Shield Property Services Limited Registered number 02585397 is a limited by shares company incorporated in England & Wales. The Registered Office is 925 Finchley Road, London, NW11 7PE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	not depreciated
Leasehold	not depreciated
Plant & Machinery	25% reducing balance basis
Motor Vehicles	15% straight line basis
Fixtures & Fittings	25% reducing balance basis

2.5. Investment Properties

Investment properties should not be subject to periodic charges for depreciation on the basis set out in SSAP 12, except for properties held on lease which should be depreciated on the basis set out in SSAP 12 at least over the period when the unexpired term is 20 years or less.

Investment properties should be included in the balance sheet at their open market value.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

Page 3

Page 4

Shield Property Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	4	4
Sales, marketing and distribution	2	2

	6	6

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	63,361

As at 31 March 2025	63,361

Depreciation
As at 1 April 2024	36,725
Provided during the period	8,412

As at 31 March 2025	45,137

Net Book Value
As at 31 March 2025	18,224

As at 1 April 2024	26,636

The above include long leasehold and freehold investment properties. These were last revalued at open market valuation on 31/03/18 by the director Mr. E H Zakaria who relied upon his local knowledge and on the informal opinion of the other agents.

The historic cost of these properties is £ 3,971,321 (2024 - £3,971,321).

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	7,846,977

Page 4

Page 5

Shield Property Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due after more than one year
Other debtors	3,792	1,709
Amounts owed by associates	2,352,946	1,550,384

	2,356,738	1,552,093

7. Creditors: amounts falling due after five years

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	2,852,838		2,852,947

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	2,852,838		2,852,947

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	3,776,790

As at 31 March 2025	3,776,790

11. Ultimate Controlling Party

The company's ultimate controlling party are the directors by virtue of their shareholding.

Page 5