Shield Capital Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 15387597

		31 January 2025
	Notes	£	£
FIXED ASSETS
Investment Properties	4		1,090,242

			1,090,242
CURRENT ASSETS
Cash at bank and in hand		18,894

		18,894
Creditors: Amounts Falling Due Within One Year	5	(1,089,298 )

NET CURRENT ASSETS (LIABILITIES)			(1,070,404 )

TOTAL ASSETS LESS CURRENT LIABILITIES			19,838

NET ASSETS			19,838

CAPITAL AND RESERVES
Called up share capital	6		2
Profit and Loss Account			19,836

SHAREHOLDERS' FUNDS			19,838

For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

D S Halboni

Director

3 October 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Shield Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15387597 . The registered office is Flat 257 Grove End Gardens, 33 Grove End Road, London, NW8 9LU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from rents.

Rendering of services

Turnover from rents is recognised in the period the rent falls due.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.5. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.6. Reporting period

These accounts present a period of more than one year, due to the fact that the company was incorporated on 04 January 2024 and the reporting date is 31 January 2025. Henceforth, the accounts will be prepared annually.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

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Shield Capital Ltd

Notes to the Financial Statements (continued)

For the Period 4 January 2024 to 31 January 2025

4. Investment Property

	31 January 2025
	£
Fair Value
As at 4 January 2024	-
Additions	1,090,242

As at 31 January 2025	1,090,242

5. Creditors: Amounts Falling Due Within One Year

	31 January 2025
	£
Trade creditors	16
Other creditors	1,084,629
Taxation and social security	4,653

	1,089,298

6. Share Capital

	31 January 2025
	£
Allotted, Called up and fully paid	2

7. Related Party Transactions

D S Halboni

The above is a related party by virtue of being a director and a shareholder.

During the period, the director incurred expenses on behalf of the company and withdrew monies.

At balance sheet date, he was owed £626,989 by the company.

No interest has been charged on this loan during the period.

S Sarli

The above is a related party by virtue of being a director and a shareholder.

During the period, the director incurred expenses on behalf of the company and withdrew monies.

At balance sheet date, she was owed £456,020 by the company.

No interest has been charged on this loan during the period.

8. Ultimate Controlling Party

The company's ultimate controlling party is D S Halboni & S Sarli by virtue of their equal ownership of the issued share capital in the company.

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