REGISTERED NUMBER: 06215529 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Shefflets Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L Gaskell

Mr K Gaskell

REGISTERED OFFICE:

953 Ecclesall Road

Banner Cross

Sheffield

S11 8TN

REGISTERED NUMBER:

06215529 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Tangible assets

4

75,226

13,942

CURRENT ASSETS

Debtors

5

108,377

69,502

Cash at bank and in hand

53,703

64,042

162,080

133,544

CREDITORS

Amounts falling due within one year

6

100,080

79,021

NET CURRENT ASSETS

62,000

54,523

TOTAL ASSETS LESS CURRENT LIABILITIES

137,226

68,465

CREDITORS

Amounts falling due after more than one year

7

136,281

67,693

NET ASSETS

945

772

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

845

672

945

772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 15 October 2025 and were signed on its behalf by:

Mr K Gaskell - Director

1.	STATUTORY INFORMATION

Shefflets 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 etc

-

33% on cost and 15% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

14,942

10,375

3,442

28,759

Additions

4,714

64,070

1,725

70,509

At 30 April 2025

19,656

74,445

5,167

99,268

DEPRECIATION

At 1 May 2024

10,990

1,556

2,271

14,817

Charge for year

1,140

6,929

1,156

9,225

At 30 April 2025

12,130

8,485

3,427

24,042

NET BOOK VALUE

At 30 April 2025

7,526

65,960

1,740

75,226

At 30 April 2024

3,952

8,819

1,171

13,942

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

94,152

58,921

Other debtors

14,225

8,013

108,377

66,934

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

2,568

Aggregate amounts

108,377

69,502

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,331

-

Hire purchase contracts (see note 8)

6,293

-

Trade creditors

20,183

7,857

Taxation and social security

52,443

65,237

Other creditors

14,830

5,927

100,080

79,021

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

31,655

44,316

Hire purchase contracts (see note 8)

51,670

-

Amounts owed to group undertakings

52,956

-

Other creditors

-

23,377

136,281

67,693

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,331

44,316

Other loans more 5yrs instal

-

23,377

6,331

67,693

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

6,293

-

Between one and five years

51,670

-

57,963

-

Non-cancellable

operating leases

2025

2024

£

£

Within one year

10,633

-

Between one and five years

6,537

-

17,170

-