REGISTERED NUMBER: 10400151 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SHEVLIN INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Shevlin

J M Shevlin

REGISTERED OFFICE:

5 Cambridge Road

Waterbeach

Cambridge

Cambridgeshire

CB25 9NJ

REGISTERED NUMBER:

10400151 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

52,870

-

Investments

6

-

2

Investment property

7

1,358,387

1,571,454

1,411,257

1,571,456

CURRENT ASSETS

Debtors

8

32,205

1,502,059

Cash and cash equivalents

1,613,828

374,769

1,646,033

1,876,828

CREDITORS

Amounts falling due within one year

9

(15,198

)

(153,644

)

NET CURRENT ASSETS

1,630,835

1,723,184

TOTAL ASSETS LESS CURRENT LIABILITIES

3,042,092

3,294,640

CREDITORS

Amounts falling due after more than one year

10

(10,125

)

(10,125

)

PROVISIONS FOR LIABILITIES

11

(4,445

)

-

NET ASSETS

3,027,522

3,284,515

CAPITAL AND RESERVES

Called up share capital

12

4

4

Retained earnings

3,027,518

3,284,511

SHAREHOLDERS' FUNDS

3,027,522

3,284,515

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:

J M Shevlin - Director

1.	STATUTORY INFORMATION

Shevlin Investments Ltd 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 under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Shevlin Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Significant judgements and estimates

The directors have considered the fair value of the investment property at the balance sheet as required by FRS 102. All investment properties are measured at fair value and are adjusted if necessary for any material variation in fair value having considered the difference in nature, location or condition of the specific asset.

Current economic developments and uncertainties influence the valuation of our investment property. The methods and significant assumptions considered in determining the fair value of our investment property are mainly due to (i) active market prices, (ii) the influence of vacancy rates, (iii) assumed trends in rents.

The valuation is based on fair value, supported by market evidence in which assets can be exchanged between a knowledgeable willing buyer and a knowledgeable willing seller.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Investment property

Investment property is held at fair value with any changes recognised through the profit and loss account.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

Additions

28,500

-

-

-

28,500

Disposals

(5,000

)

-

-

-

(5,000

)

Reclassification/transfer

90,175

31,040

46,670

15,054

182,939

At 31 December 2024

113,675

31,040

46,670

15,054

206,439

DEPRECIATION

Charge for year

2,041

-

-

-

2,041

Eliminated on disposal

(83

)

-

-

-

(83

)

Reclassification/transfer

77,147

22,159

39,550

12,755

151,611

At 31 December 2024

79,105

22,159

39,550

12,755

153,569

NET BOOK VALUE

At 31 December 2024

34,570

8,881

7,120

2,299

52,870

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 January 2024

2

Disposals

(2

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

2

Cost or valuation at 31 December 2024 is represented by:

Shares in

group

undertakings

£

Valuation in 2024

(2

)

Cost

2

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

1,571,454

Additions

313,493

Disposals

(533,244

)

Revaluations

6,684

At 31 December 2024

1,358,387

NET BOOK VALUE

At 31 December 2024

1,358,387

At 31 December 2023

1,571,454

Fair value at 31 December 2024 is represented by:

£

Valuation in 2022

78,890

Valuation in 2023

(86,274

)

Valuation in 2024

806

Cost

1,364,965

1,358,387

If investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

1,364,965

1,199,861

investment properties were valued on fair value basis on 31 December 2024 by the Directors .

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,488

3,625

Amounts owed by group undertakings

-

1,496,626

Other debtors

30,717

1,808

32,205

1,502,059

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,635

-

Amounts owed to group undertakings

715

-

Taxation and social security

928

42,741

Other creditors

11,920

110,903

15,198

153,644

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

10,125

10,125

11.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

4,445

-

Deferred

tax

£

Provided during year

4,445

Balance at 31 December 2024

4,445

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

4

Ordinary

£1

4

4

13.	RELATED PARTY DISCLOSURES

At the balance sheet date the amount due to group undertakings is £715 (2023: (£1,496,626)). This balance is repayable on demand, interest free and disclosed as part of creditors.

Included within other creditors is a directors loan account of £nil (2023: £95,949).