SHS Handling Solutions (Holdings) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10139852 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

SHS Handling Solutions (Holdings) Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

4

100

CURRENT ASSETS

Debtors

5

1,066,807

98,500

Cash at bank

1,417

892,810

1,068,224

991,310

CREDITORS

Amounts falling due within one year

6

(275,616

)

(200,809

)

NET CURRENT ASSETS

792,608

790,501

TOTAL ASSETS LESS CURRENT
LIABILITIES

792,708

790,601

CAPITAL AND RESERVES

Called up share capital

750,100

Retained earnings

42,608

40,501

SHAREHOLDERS' FUNDS

792,708

790,601

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mr Y Dunn - Director

1.	STATUTORY INFORMATION

SHS Handling Solutions (Holdings) Ltd is a private company, limited by shares, domiciled in England, registration number 10139852. The registered office is Unit C, Tingewick Rd Industrial Park, Buckingham, United Kingdom, MK18 1SU.

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.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

100

NET BOOK VALUE

At 31 December 2024

100

At 31 December 2023

100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Amounts owed by group undertakings

1,066,807

98,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Taxation and social security

494

157

Other creditors

275,122

200,652

275,616

200,809

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

Mr W Dunn and Mrs S Dunn

Balance outstanding at start of year

-

127,044

Amounts repaid

-

(127,044

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr B Dunn

Balance outstanding at start of year

-

31,007

Amounts repaid

-

(31,007

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr Y Dunn

Balance outstanding at start of year

-

24,167

Amounts repaid

-

(24,167

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-