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COMPANY REGISTRATION NUMBER: 05894456

Shawn Mustoe Limited

Unaudited Abridged Financial Statements

31 March 2025

Shawn Mustoe Limited

Abridged Financial Statements

Year ended 31 March 2025

Contents | Page

Director's report | 1

Chartered accountants report to the director on the preparation of the unaudited statutory abridged financial statements | 2

Abridged income statement | 3

Abridged statement of financial position | 4

Notes to the abridged financial statements | 6

Shawn Mustoe Limited

Director's Report

Year ended 31 March 2025
The director presents his report and the unaudited abridged financial statements of the company for the year ended 31 March 2025 .
Director
The director who served the company during the year was as follows:

Mr S Mustoe |

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 24 October 2025 and signed on behalf of the board by:

Mr S Mustoe |
Director |

Shawn Mustoe Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of Shawn Mustoe Limited

Year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Shawn Mustoe Limited for the year ended 31 March 2025, which comprise the abridged income statement, abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.
HARPER SHELDON LIMITED Chartered Accountants
Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ
24 October 2025

Shawn Mustoe Limited

Abridged Income Statement

Year ended 31 March 2025

| 2025 | 2024
Note | £ | £
Gross profit | 223,643 | 227,900

Administrative expenses | 181,307 | 142,222
| --------- | ---------
Operating profit | 42,336 | 85,678

Other interest receivable and similar income | 48 | 227
|  | --------- | ---------
Profit before taxation | 5 | 42,384 | 85,905

Tax on profit | 6,565 | 21,895
| -------- | --------
Profit for the financial year | 35,819 | 64,010
| -------- | --------

All the activities of the company are from continuing operations.
The company has no other recognised items of income and expenses other than the results for the year as set out above.

Shawn Mustoe Limited

Abridged Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 7 | 48,908 | 28,358

Current assets

Stocks | 5,000 | 5,000
Debtors | 80,559 | 67,420
Cash at bank and in hand | 103,570 | 81,535
| --------- | ---------
| 189,129 | 153,955

Creditors: amounts falling due within one year | 158,422 | 114,717
| --------- | ---------
Net current assets | 30,707 | 39,238
| -------- | --------
Total assets less current liabilities | 79,615 | 67,596
| -------- | --------
Net assets | 79,615 | 67,596
| -------- | --------

Capital and reserves

Called up share capital | 2 | 2
Profit and loss account | 79,613 | 67,594
| -------- | --------
Shareholders funds | 79,615 | 67,596
| -------- | --------

These abridged financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged income statement and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Shawn Mustoe Limited

Abridged Statement of Financial Position (continued)

31 March 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 24 October 2025 , and are signed on behalf of the board by:

Mr S Mustoe |
Director |

Company registration number: 05894456

Shawn Mustoe Limited

Notes to the Abridged Financial Statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2, Farmington Road, Northleach, Cheltenham, GL54 3FR.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 20% reducing balance
| Motor vehicles | - | 25% reducing balance
| Equipment | - | 20% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).
5. Profit before taxation
Profit before taxation is stated after charging:

| 2025 | 2024
| £ | £
Depreciation of tangible assets | 15,816 | 7,985
| -------- | -------

6. Intangible assets

| £
Cost |
At 1 April 2024 and 31 March 2025 | 30,000
| --------
Amortisation |
At 1 April 2024 and 31 March 2025 | 30,000
| --------
Carrying amount |
At 31 March 2025 | –
| --------
At 31 March 2024 | –
| --------

7. Tangible assets

| £
Cost |
At 1 April 2024 | 74,249
Additions | 49,440
Disposals | ( 21,790)
| ---------
At 31 March 2025 | 101,899
| ---------
Depreciation |
At 1 April 2024 | 45,891
Charge for the year | 15,816
Disposals | ( 8,716)
| ---------
At 31 March 2025 | 52,991
| ---------
Carrying amount |
At 31 March 2025 | 48,908
| ---------
At 31 March 2024 | 28,358
| ---------

8. Directors' advances, credit and guarantees
There were no transactions during the year