Registration number: 401466

Lister Shearing Limited

Director's Report for the Year Ended 31 December 2024

The director presents his report and the financial statements for the year ended 31 December 2024.

Directors of the company

The directors who held office during the year were as follows:

H S Goodison

D M Goodman (Resigned 24 March 2025)

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved and authorised by the director on 10 April 2025
 

......................................... H S Goodison Director

Lister Shearing Limited

Profit and Loss Account for the Year Ended 31 December 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Lister Shearing Limited

(Registration number: 401466)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Current assets
Debtors	3	25,000	25,000
Capital and reserves
Called up share capital	4	25,000	25,000
Shareholders' funds		25,000	25,000

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 10 April 2025
 

H S Goodison
Director

Lister Shearing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Staverton Court
Staverton
Cheltenham
GL51 0UX

2	Accounting policies

Trading status
The company was dormant and has not traded during the year.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

The company has elected to apply the transitional relief available for dormant companies applying UK GAAP whereby it can retain it's pre-existing accounting policies for reported assets, liabilities and equity until there is any change to those balances or the company undertakes any new transactions.

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Summary of disclosure exemptions

Lister Shearing Limited meets the definition of a qualifying entity under FRS 102 and has therefore take advantage of the disclosure exemptions available to it in respect of its financial statements. Exemptions have been taken in relation to financial instruments, presentation of cash flow statement and remuneration of key management personnel.

Exemption from preparing group accounts
The company has taken exemption from preparing group accounts as it is included in the consolidated accounts for a larger group which are drawn up as full consolidated audited accounts which are filed at Companies House.

Key sources of estimation uncertainty

No key sources of estimation uncertainty have been identified by management in preparing these financial statements other than those detailed in these accounting policies.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

	2024 £	2023 £
Amounts owed by group undertakings	25,000	25,000

Lister Shearing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	25,000	25,000	25,000	25,000

5	Parent and ultimate parent undertaking

The parent company of the smallest group of which the company is a member of, which prepares consolidated financial statements is Wahl Clipper Corporation. The registered office of Wahl Clipper Corporation is P.O. Box 578, Sterling IL61081, USA.