2024-04-01 04374182 2025-03-31 04374182 2024-04-01 2025-03-31 04374182 2024-03-31 04374182 2023-04-01 2024-03-31 04374182 uk-core:WithinOneYear 2024-03-31 04374182 uk-core:WithinOneYear 2025-03-31 04374182 uk-core:ShareCapital 2025-03-31 04374182 uk-core:ShareCapital 2024-03-31 04374182 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 04374182 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 04374182 uk-bus:Director1 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure 04374182 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04374182 uk-bus:FRS102 2024-04-01 2025-03-31 04374182 uk-bus:FullAccounts 2024-04-01 2025-03-31 04374182 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31

Draft

Shirley Paints Limited

Registered Number:04374182

For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements

2

Draft

For the year ended 31 March 2025
Shirley Paints Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3

Draft

Registered Number :

04374182

As at 31 March 2025

Shirley Paints Limited
Statement of Financial Position

£

£

2024
2025

Notes

Current assets

Trade and other receivables

47,261
13,331
2
60,928

Cash and cash equivalents

97,001
110,332
108,189

Trade and other payables: amounts falling due within one
year

(14,383)
(15,445)
3
93,806
94,887
Net current assets

Total assets less current liabilities

94,887
93,806
94,887
Net assets
93,806

Capital and reserves

Called up share capital

1,000
1,000

Retained earnings

93,887
92,806
94,887
93,806
Shareholders' funds

For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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

Matthew Kelly Director

These financial statements were approved and authorised for issue by the Board on 26 July 2025 and were signed by:

The notes form part of these financial statements

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4

Draft

For the year ended 31 March 2025
Shirley Paints Limited
Notes to the Financial Statements
Statutory Information

Shirley Paints Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04374182.

Registered address:

Grand UNion House
Bridge Walk
Acocks Green
Birmingham
B27 6SN

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2. Trade and other receivables

2024
2025

£

£

Trade debtors

12,343
45,694

Other debtors

988
1,567
47,261
13,331
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5

Draft

For the year ended 31 March 2025
Shirley Paints Limited
Notes to the Financial Statements Continued

3. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Trade creditors

4,472
3,999

Taxation and social security

356
2,537

Other creditors

10,617
7,847
15,445
14,383

4. Average number of persons employed

During the year the average number of employees was 0
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