Company No: 12297714 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	C W Shelley
	P J Shelley
	S L Shelley

Registered office	St. Andrews
	Farthings Hill
	Horsham
	West Sussex
	RH12 1TS
	United Kingdom

Company number

12297714 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Investments	3	850,000		850,000
		850,000		850,000
Current assets
Debtors	4	1		1
Cash at bank and in hand		7		7
		8		8
Creditors: amounts falling due within one year	5	( 3,723)		( 9,193)
Net current liabilities		(3,715)		(9,185)
Total assets less current liabilities		846,285		840,815
Net assets		846,285		840,815
Capital and reserves
Called-up share capital	6	50		50
Share premium account		424,951		424,951
Profit and loss account		421,284		415,814
Total shareholders' funds		846,285		840,815

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Shelley News Holdings Ltd (registered number: 12297714) were approved and authorised for issue by the Board of Directors on 11 September 2025. They were signed on its behalf by:

C W Shelley Director

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

Shelley News Holdings Ltd (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 St. Andrews, Farthings Hill, Horsham, , West Sussex, RH12 1TS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items 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 £.

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	31.03.2025		31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Fixed asset investments

Investments in subsidiaries

	31.03.2025
	£
Cost
At 01 April 2024	850,000
At 31 March 2025	850,000
Carrying value at 31 March 2025	850,000
Carrying value at 31 March 2024	850,000

4. Debtors

	31.03.2025		31.03.2024
	£		£
Other debtors	1		1

5. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Amounts owed to Group undertakings	1,923		4,777
Accruals	1,800		4,416
	3,723		9,193

6. Called-up share capital

	31.03.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
40 Ordinary B shares of £ 1.00 each	40		40
10 Ordinary A shares of £ 1.00 each	10		10
	50		50

Both classes of share rank pari passu in all respects except for dividend rights, where different dividend amounts can be declared for each class of share.