ACCOUNTS - Final Accounts

Factors affecting tax charge for the year

The tax assessed for the year is the same as (2024 - the same as) the standard rate of corporation tax in the UK of 25% (2024 - 25%) as set out below:

Registered number: 03389557

SHINGLETON & CO. LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

For the Year Ended 31 July 2025

SHINGLETON & CO. LIMITED

Registered number: 03389557

STATEMENT OF FINANCIAL POSITION

As at 31 July 2025

		2025		2024
Note		£		£

Fixed assets
Investments	8	1,000	1,000
Current assets
Debtors: amounts falling due within one year	9	24,973	24,973
Creditors: amounts falling due within one year	10	(30,000)	(30,000)
Net current liabilities		(5,027)	(5,027)
Total assets less current liabilities		(4,027)	(4,027)

Net liabilities		(4,027)	(4,027)

Capital and reserves
Called up share capital	2,000	2,000
Profit and loss account	(6,027)	(6,027)
	(4,027)	(4,027)

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SHINGLETON & CO. LIMITED

Registered number: 03389557

STATEMENT OF FINANCIAL POSITION (CONTINUED)

As at 31 July 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 September 2025.

M L Belcher

Director

The notes on pages 3 to 7 form part of these financial statements.

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SHINGLETON & CO. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the Year Ended 31 July 2025

1.	General information

Shingleton & Co. Limited (03389557) is a private company limited by shares and incorporated in England and Wales. Its registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight line and reducing balance methods..

Depreciation is provided on the following basis:

				Fixtures & fittings	-	25% reducing balance
				Computer equipment	-	33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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SHINGLETON & CO. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the Year Ended 31 July 2025

2.Accounting policies (continued)

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

4.	Taxation

Profit on ordinary activities before tax

395,000

295,000

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	98,750	73,750
Effects of:
Dividends from UK companies	(98,750)	(73,750)
Total tax charge for the year	-	-

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SHINGLETON & CO. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the Year Ended 31 July 2025

4.Taxation (continued)

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

5.	Dividends
		2025	2024
		£	£

Dividends analysis

395,000

295,000

6.	Intangible assets

		Goodwill
		£
	Cost
	At 1 August 2024	95,002
	At 31 July 2025	95,002
	Amortisation
	At 1 August 2024	95,002
	At 31 July 2025	95,002
	Net book value
	At 31 July 2025	-
	At 31 July 2024	-

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SHINGLETON & CO. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the Year Ended 31 July 2025

7.	Tangible fixed assets

	Fixtures & fittings	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 August 2024	4,629	9,893	14,522
At 31 July 2025	4,629	9,893	14,522
Depreciation
At 1 August 2024	4,629	9,893	14,522
At 31 July 2025	4,629	9,893	14,522
Net book value
At 31 July 2025	-	-	-
At 31 July 2024	-	-	-

8.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 August 2024	1,000
	At 31 July 2025	1,000

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	24,973	24,973

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SHINGLETON & CO. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the Year Ended 31 July 2025

10.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Amounts owed to group undertakings	30,000	30,000

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