Shl 1 Limited

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

Registered number: 07877270

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		1		1

			1		1
CURRENT ASSETS
Cash at bank and in hand		1		1

		1		1
Creditors: Amounts Falling Due Within One Year	5	(4,893 )		(4,893 )

NET CURRENT ASSETS (LIABILITIES)			(4,892 )		(4,892 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,891 )		(4,891 )

NET LIABILITIES			(4,891 )		(4,891 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Capital redemption reserve			1		1
Profit and Loss Account			(4,893 )		(4,893 )

SHAREHOLDERS' FUNDS			(4,891)		(4,891)

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his 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

Mr Leyton Shillibier

Director

01/11/2025

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

1. General Information

Shl 1 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07877270 . The registered office is Hendir Uchaf Farm, Rhiwceiliog Pencoed, Bridgend, Mid Glamorgan, CF35 6NS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Going Concern Disclosure

The accounts have been prepared on the going concern basis.

The acocunts show that the company had net liabilities of £4,891 at the balance sheet date. The company has therefore had to consider the appropriateness of the going concern basis.

The company has been able to finance its operations because of the support of a group company. The director is confident that the company will be able to meet its obligaitons given this continued support. On the basis of the above, the director considers it appropriate to prepare the accounts on a going concern basis.

2.3. Consolidation

The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entitiy and its subsidiary undertakings comprise a small group.

2.4. Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investments

	Subsidiaries
	£
Cost
As at 29 February 2024	1

As at 28 February 2025	1

Provision
As at 29 February 2024	-

As at 28 February 2025	-

Net Book Value
As at 28 February 2025	1

As at 29 February 2024	1

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	4,893	4,893

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Shl 1 Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

7. Related Party Transactions

The company has taken advantage of the exemption, under FRS 102 Section 1A, not to disclose related party transactions entered into between two memebrs of a group, where any subsidiary which is party to the transaction is wholly owed by such a member.

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