SH Capital Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12620850

		2024
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		1,978
Investments	5		1,606,264

			1,608,242
CURRENT ASSETS
Debtors	6	260
Cash at bank and in hand		376,623

		376,883
Creditors: Amounts Falling Due Within One Year	7	(41,037 )

NET CURRENT ASSETS (LIABILITIES)			335,846

TOTAL ASSETS LESS CURRENT LIABILITIES			1,944,088

Creditors: Amounts Falling Due After More Than One Year	8		(1,806,241 )

NET ASSETS			137,847

CAPITAL AND RESERVES
Called up share capital	9		100
Revaluation reserve	11		406,022
Profit and Loss Account			(268,275 )

SHAREHOLDERS' FUNDS			137,847

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SH Capital Limited

Balance Sheet (continued)

As At 30 November 2024

For the year ending 30 November 2024 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 W F Spencer

Director

28/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

SH Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12620850 . The registered office is Fourth Floor Parklands 5b, Middlebrook, Bolton, BL6 4SD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33%

3. Average Number of Employees

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

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 December 2023	2,748

As at 30 November 2024	2,748

Depreciation
As at 1 December 2023	-
Provided during the period	770

As at 30 November 2024	770

Net Book Value
As at 30 November 2024	1,978

As at 1 December 2023	2,748

5. Investments

	Listed
	£
Cost or Valuation
As at 1 December 2023	1,606,264

As at 30 November 2024	1,606,264

Provision
As at 1 December 2023	-

As at 30 November 2024	-

Net Book Value
As at 30 November 2024	1,606,264

As at 1 December 2023	1,606,264

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SH Capital Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2024

6. Debtors

	2024
	£
Due within one year
Other debtors	260

7. Creditors: Amounts Falling Due Within One Year

	2024
	£
Trade creditors	2,853
Amounts owed to participating interests	10,000
Other creditors	3,000
Taxation and social security	25,184

	41,037

8. Creditors: Amounts Falling Due After More Than One Year

	2024
	£
Other loans	950,000
Other creditors	856,241

	1,806,241

9. Share Capital

	2024
	£
Allotted, Called up and fully paid	100

10. Contingent Liabilities

On 1st December 2022, the company and its subsidiaries entered into a settlement agreement.

Accordingly, no liability has been recognised in these financial statements in respect of the £550,000 uplift.

The company has provided a guarantee over the obligations of its subsidiaries under this agreement.

11. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 December 2023	406,022	(174,932 )
Loss for the year and total comprehensive income	-	(93,343 )

As at 30 November 2024	406,022	(268,275 )

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