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Company No: 01618676 (England and Wales)

# SHM HOLDINGS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

SHM HOLDINGS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

SHM HOLDINGS LIMITED

## COMPANY INFORMATION

For the financial year ended 31 March 2025
SHM HOLDINGS LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 March 2025

DIRECTOR | A. P. Smith

REGISTERED OFFICE | Ashdown House
| Lamberts Road
| Tunbridge Wells
| TN2 3EH
| United Kingdom

COMPANY NUMBER | 01618676 (England and Wales)

ACCOUNTANT | S&W Partners (South East) Limited
| Brockbourne House
| 77 Mount Ephraim
| Royal Tunbridge Wells
| TN4 8BS

SHM HOLDINGS LIMITED

## BALANCE SHEET

As at 31 March 2025
SHM HOLDINGS LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 2 | 800,000 |  | 800,000
|  | 800,000 |  | 800,000
Current assets |  |  |  |
Debtors | 3 | 12,923 |  | 12,923
|  | 12,923 |  | 12,923
Creditors: amounts falling due within one year | 4 | ( 12,000) |  | ( 12,000)
Net current assets |  | 923 |  | 923
Total assets less current liabilities |  | 800,923 |  | 800,923
Net assets |  | 800,923 |  | 800,923
Capital and reserves |  |  |  |
Called-up share capital |  | 200,792 |  | 200,792
Profit and loss account |  | 600,131 |  | 600,131
Total shareholder's funds |  | 800,923 |  | 800,923

SHM Holdings Limited (registered number: 01618676) did not trade during the current financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of SHM Holdings Limited (registered number: 01618676) were approved and authorised for issue by the Director on 28 October 2025. They were signed on its behalf by:

A. P. Smith Director |

SHM HOLDINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
SHM HOLDINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

SHM Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ashdown House, Lamberts Road, Tunbridge Wells, TN2 3EH, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of SHM Holdings Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
These financial statements are separate financial statements.

##### Going concern

The financial statements have been prepared on a going concern basis.
The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

##### Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

#### 2. Fixed asset investments

Investments in subsidiaries

| 2025
| £
Cost |
At 01 April 2024 | 800,000
At 31 March 2025 | 800,000
Carrying value at 31 March 2025 | 800,000
Carrying value at 31 March 2024 | 800,000

The above relates to a 100% shareholding in S. H. Muffett Limited.

#### 3. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by own subsidiaries | 12,923 |  | 12,923

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to Parent undertakings | 12,000 |  | 12,000

#### 5. Ultimate controlling party

The ultimate parent company is Muffett Holdings Limited, a company registered in England and Wales. The financial statements can be obtained from their registered office which is Ashdown House, Lamberts Road, Tunbridge Wells, Kent, TN2 3EH.