REGISTERED NUMBER: 04600279 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

J. SHEVLIN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Shevlin

S Shevlin

REGISTERED OFFICE:

5 Cambridge Road

Waterbeach

Cambridge

Cambridgeshire

CB25 9NJ

REGISTERED NUMBER:

04600279 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

-

164,496

CURRENT ASSETS

Debtors

6

-

6,035

Cash and cash equivalents

82,392

3,456,783

82,392

3,462,818

CREDITORS

Amounts falling due within one year

7

(82,390

)

(1,583,830

)

NET CURRENT ASSETS

2

1,878,988

TOTAL ASSETS LESS CURRENT LIABILITIES

2

2,043,484

CREDITORS

Amounts falling due after more than one year

8

-

(14,240

)

PROVISIONS FOR LIABILITIES

9

-

(29,244

)

NET ASSETS

2

2,000,000

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

-

1,999,998

SHAREHOLDERS' FUNDS

2

2,000,000

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.

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

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 11 September 2025 and were signed on its behalf by:

S Shevlin - Director

1.	STATUTORY INFORMATION

J. Shevlin 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a basis other than going concern as the directors intend to liquidate the Company.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Critical accounting judgements and key sources of estimation uncertainty

Useful economic lives of tangible fixed assets:

Tangible fixed assets are depreciated over their expected useful lives taking into consideration residual values, where appropriate. The actual lives of the assets and residual values are assessed and amended when necessary to reflect the current estimates based on economic utilisation and physical condition of the assets.

Turnover

Turnover comprises Civil Engineering contract income and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services:

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

177,070

31,040

270,173

15,054

493,337

Disposals

(177,070

)

(31,040

)

(270,173

)

(15,054

)

(493,337

)

At 31 December 2024

-

-

-

-

-

DEPRECIATION

At 1 January 2024

126,889

20,221

170,765

10,966

328,841

Charge for year

7,760

1,938

15,485

1,789

26,972

Eliminated on disposal

(134,649

)

(22,159

)

(186,250

)

(12,755

)

(355,813

)

At 31 December 2024

-

-

-

-

-

NET BOOK VALUE

At 31 December 2024

-

-

-

-

-

At 31 December 2023

50,181

10,819

99,408

4,088

164,496

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

2,837

Other debtors

-

3,198

-

6,035

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

10,760

Trade creditors

-

163

Amounts owed to group undertakings

-

1,496,626

Taxation and social security

46,479

49,420

Other creditors

35,911

26,861

82,390

1,583,830

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

-

14,240

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

-

29,244

Deferred

tax

£

Balance at 1 January 2024

29,244

Provided during year

(29,244

)

Balance at 31 December 2024

-

Deferred tax is recognised in respect of the excess of capital allowances over depreciation and in respect of movements on the fair value of investment property which was derecognised during the year under review.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the balance due to group undertakings amounted to £nil (2023: £1,496,626). This loan carries no interest and is repayable on demand and is disclosed within amounts due from group undertakings in less than one year within creditors.

12.	CESSATION OF TRADE

The Company ceased trading on 31 December 2024.