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Company Registration No. SC445114 (Scotland)
SHS Trading Ltd Unaudited accounts for the year ended 31 March 2025
SHS Trading Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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SHS Trading Ltd Company Information for the year ended 31 March 2025
Director
Mr Steven Sneddon
Secretary
Mrs Holly Sneddon
Company Number
SC445114 (Scotland)
Registered Office
12 Dunnet Way East Mains Industrial Estate Broxburn West Lothian EH52 5NN
Accountants
Gregory Accounting Services Limited 87 Meadowpark Avenue Bathgate West Lothian EH48 2ST
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of SHS Trading Ltd for the 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 accounts of SHS Trading Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Gregory Accounting Services Limited Member in Practice 87 Meadowpark Avenue Bathgate West Lothian EH48 2ST 6 November 2025
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SHS Trading Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
39,945
59,945
Tangible assets
5
183,761
2,224,491
223,706
2,284,436
Current assets
Inventories
2,019,853
2,877,249
Debtors
6
1,035,174
357,142
Cash at bank and in hand
18,905
45,988
3,073,932
3,280,379
Creditors: amounts falling due within one year
7
(1,414,134)
(1,795,037)
Net current assets
1,659,798
1,485,342
Net assets
1,883,504
3,769,778
Capital and reserves
Called up share capital
8
1
1
Revaluation reserve
-
137,014
Profit and loss account
1,883,503
3,632,763
Shareholders' funds
1,883,504
3,769,778
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. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2025 and were signed on its behalf by
Mr Steven Sneddon Director Company Registration No. SC445114
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SHS Trading Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
SHS Trading Ltd is a private company, limited by shares, registered in Scotland, registration number SC445114. The registered office is 12 Dunnet Way, East Mains Industrial Estate, Broxburn, West Lothian, EH52 5NN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25 years
Plant & machinery
3 to 5 years
Computer equipment
3 to 5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 April 2024
100,000
At 31 March 2025
100,000
Amortisation
At 1 April 2024
40,055
Charge for the year
20,000
At 31 March 2025
60,055
Net book value
At 31 March 2025
39,945
At 31 March 2024
59,945
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SHS Trading Ltd Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
2,000,426
366,767
103,480
2,470,673
Additions
-
11,129
3,224
14,353
Disposals
(2,000,000)
-
-
(2,000,000)
At 31 March 2025
426
377,896
106,704
485,026
Depreciation
At 1 April 2024
10,086
174,014
62,082
246,182
Charge for the year
-
43,961
21,207
65,168
On disposals
(10,085)
-
-
(10,085)
At 31 March 2025
1
217,975
83,289
301,265
Net book value
At 31 March 2025
425
159,921
23,415
183,761
At 31 March 2024
1,990,340
192,753
41,398
2,224,491
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
143,553
87,809
Accrued income and prepayments
123,731
197,668
Other debtors
767,890
71,665
1,035,174
357,142
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
209,531
VAT
69,749
273,339
Trade creditors
1,018,859
1,148,952
Amounts owed to group undertakings and other participating interests
87,676
-
Taxes and social security
124,424
78,889
Other creditors
15,173
64,861
Loans from directors
76,163
-
Accruals
22,090
19,465
1,414,134
1,795,037
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
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SHS Trading Ltd Notes to the Accounts for the year ended 31 March 2025
9
Transactions with related parties
Loans have been made between companies owned and controlled by the director as follows; Due from SHMM Properties Ltd £291,847 (2024: £30,580) Due to That Special Day Ltd £nil (2024: £3,823) Due from RB30 Ltd £16,742 (2024: £33,580) Due from Homzezone Ltd £164,759 (2024: £42,293 Due to SHS Dunnet Property Holding Ltd £87,676
10
Controlling party
Ultimate Parent Company is SHS Dunnet Property Holdings Ltd, 12 Dunnet Way East Mains Industrial Estate, Broxburn, EH52 5NN
11
Average number of employees
During the year the average number of employees was 63 (2024: 47).
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