Shorland Investments (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08612293 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Shorland Investments (Holdings) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R K Shorland

Mrs T P J Shorland

N R Shorland

Ms N L Shorland

SECRETARY:

Mrs T P J Shorland

REGISTERED OFFICE:

Brunel House

11 The Promenade

Clifton

Bristol

BS8 3NG

REGISTERED NUMBER:

08612293 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Tangible assets

4

2,396,561

2,372,825

CURRENT ASSETS

Debtors

5

350,778

392,430

Cash at bank and in hand

23,404

24,503

374,182

416,933

CREDITORS

Amounts falling due within one year

6

603,247

623,856

NET CURRENT LIABILITIES

(229,065

)

(206,923

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,167,496

2,165,902

CREDITORS

Amounts falling due after more than one year

7

(250,400

)

(290,400

)

PROVISIONS FOR LIABILITIES

(7,405

)

(9,497

)

NET ASSETS

1,909,691

1,866,005

CAPITAL AND RESERVES

Called up share capital

450

Retained earnings

1,909,241

1,865,555

SHAREHOLDERS' FUNDS

1,909,691

1,866,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

R K Shorland - Director

Mrs T P J Shorland - Director

N R Shorland - Director

Ms N L Shorland - Director

1.	STATUTORY INFORMATION

Shorland Investments (Holdings) 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

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.

Plant and machinery

-

15% on reducing balance basis

Fixtures and fittings

-

15% on reducing balance basis

Motor vehicles

-

25% on reducing balance basis

The directors have carried out a full impairment review in accordance with Financial Reporting Standard 11, as a result of which no depreciation charge is made in respect of freehold property on the grounds that the estimated residual value is not materially different from its carrying value in the Balance Sheet.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1 April 2024

2,334,837

22,301

24,611

52,213

2,433,962

Additions

32,105

-

32,105

At 31 March 2025

2,366,942

22,301

24,611

52,213

2,466,067

DEPRECIATION

At 1 April 2024

-

16,224

19,413

25,500

61,137

Charge for year

-

911

780

6,678

8,369

At 31 March 2025

-

17,135

20,193

32,178

69,506

NET BOOK VALUE

At 31 March 2025

2,366,942

5,166

4,418

20,035

2,396,561

At 31 March 2024

2,334,837

6,077

5,198

26,713

2,372,825

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

2,382

4,301

Other debtors

340,340

380,380

Prepayments and accrued income

8,056

7,749

350,778

392,430

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

36,300

Trade creditors

71,248

42,417

Tax

13,572

9,774

Social security and other taxes

2,766

7,947

Directors' loan accounts

389,629

440,022

Accruals and deferred income

89,732

87,396

603,247

623,856

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans - 1-2 years

36,300

Bank loans - 2-5 years

108,900

Bank loans more 5 yr by instal

105,200

145,200

250,400

290,400

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

105,200

145,200

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

286,700

326,700

9.	ULTIMATE CONTROLLING PARTY

There is no controlling or ultimate controlling party of the company.