Company No: 00559128 (England and Wales)

Contents

• Company Information
• Director's Report
• Accountants' Report
• Profit and Loss Account
• Balance Sheet
• Notes to the Financial Statements

Director	Alan Norman Sidney Shaw
	Keith Derek Shaw (deceased) (Resigned 05 January 2025)

Secretary

Alan Norman Sidney Shaw

Registered office	222-230 High Street
	Sheerness
	Kent
	ME12 1UL
	United Kingdom

Company number

00559128 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor, Maritime Place
	Quayside
	Chatham Maritime
	Chatham
	Kent
	ME4 4QZ

The director presents this annual report and the unaudited financial statements of the Company for the financial year ended 31 December 2024.

Director

The directors, who served during the financial year and to the date of this report except as noted, were as follows:

Alan Norman Sidney Shaw
Keith Derek Shaw (deceased)	(Resigned 05 January 2025)

Small companies exemption

This Director's Report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption provided by section 415A of the Companies Act 2006.

Approved and signed by:

Alan Norman Sidney Shaw Director

25 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of E.S.SHAW & SONS LIMITED for the financial year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes 1 to 9 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that E.S.SHAW & SONS LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of E.S.SHAW & SONS LIMITED. You consider that E.S.SHAW & SONS LIMITED is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of E.S.SHAW & SONS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Director of E.S.SHAW & SONS LIMITED, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of E.S.SHAW & SONS LIMITED and state those matters that we have agreed to state to the director of E.S.SHAW & SONS LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than E.S.SHAW & SONS LIMITED and its Director as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

2nd Floor, Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ

25 September 2025

		2024		2023
		£		£
Turnover		2,353,683		2,655,485
Cost of sales		( 1,987,494)		( 2,311,721)
Gross profit		366,189		343,764
Distribution costs		( 204,558)		( 197,309)
Administrative expenses		( 132,990)		( 122,328)
Other operating income		8,108		11,806
Operating profit		36,749		35,933
Interest receivable and similar income		( 216)		( 215)
Profit before taxation		36,533		35,718
Tax on profit		0		0
Profit for the financial year		36,533		35,718

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	11,069		14,381
		11,069		14,381
Current assets
Stocks	4	220,787		237,114
Debtors	5	236,612		282,974
		457,399		520,088
Creditors: amounts falling due within one year	7	( 326,072)		( 428,606)
Net current assets		131,327		91,482
Total assets less current liabilities		142,396		105,863
Net assets		142,396		105,863
Capital and reserves
Called-up share capital	8	3,000		3,000
Profit and loss account		139,396		102,863
Total shareholders' funds		142,396		105,863

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A – small entities.

The financial statements of E.S.SHAW & SONS LIMITED (registered number: 00559128) were approved and authorised for issue by the Director on 25 September 2025. They were signed on its behalf by:

Alan Norman Sidney Shaw 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

E.S.SHAW & SONS LIMITED (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 222-230 High Street, Sheerness, Kent, ME12 1UL, 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 £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	5 - 10 years straight line
Office equipment	10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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.

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.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	13		13

3. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 January 2024	12,909		51,646		64,555
At 31 December 2024	12,909		51,646		64,555
Accumulated depreciation
At 01 January 2024	7,746		42,428		50,174
Charge for the financial year	1,291		2,021		3,312
At 31 December 2024	9,037		44,449		53,486
Net book value
At 31 December 2024	3,872		7,197		11,069
At 31 December 2023	5,163		9,218		14,381

4. Stocks

	2024		2023
	£		£
Stocks	220,787		237,114

5. Debtors

	2024		2023
	£		£
Trade debtors	227,853		272,778
Other debtors	8,759		10,196
	236,612		282,974

6. Cash and cash equivalents

	2024		2023
	£		£
Less: Bank overdrafts	( 11,767)		( 63,288)

7. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank overdrafts	11,767		63,288
Trade creditors	120,128		164,691
Other taxation and social security	28,197		24,545
Other creditors	165,980		176,082
	326,072		428,606

8. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
3,000 Ordinary shares of £ 1.00 each	3,000		3,000

9. Related party transactions

The company rents its premises from Shaw (Sheerness) Holdings for £1,000 (2023: £1,000) per annum, which is below market value.

The company owed £24,000 (2023: £23,000) in rent payable at the year end and is included in creditors.

The company also has a loan of £98,935 (2023: £108,645) owed to Shaw (Sheerness) Holdings. The loan is free of interest and repayable on demand.