Company registration number 06846306 (England and Wales)
THE SHREDDING ALLIANCE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
THE SHREDDING ALLIANCE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
3 - 7
THE SHREDDING ALLIANCE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
10,643
16,720
Current assets
Debtors
4
955,373
870,320
Cash at bank and in hand
347,860
425,602
1,303,233
1,295,922
Creditors: amounts falling due within one year
5
(342,611)
(470,482)
Net current assets
960,622
825,440
Net assets
971,265
842,160
Capital and reserves
Called up share capital
6
88
88
Share premium account
119,900
119,900
Capital redemption reserve
12
12
Profit and loss reserves
851,265
722,160
Total equity
971,265
842,160

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 3 December 2025 and are signed on its behalf by:
Mr D H Robins
Director
Company registration number 06846306 (England and Wales)
THE SHREDDING ALLIANCE LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
Share capital
Share premium account
Capital redemption reserve
Profit and loss reserves
Total
£
£
£
£
£
Balance at 1 April 2023
88
119,900
12
628,843
748,843
Year ended 31 March 2024:
Profit and total comprehensive income for the year
-
-
-
93,317
93,317
Balance at 31 March 2024
88
119,900
12
722,160
842,160
Year ended 31 March 2025:
Profit and total comprehensive income for the year
-
-
-
129,105
129,105
Balance at 31 March 2025
88
119,900
12
851,265
971,265
THE SHREDDING ALLIANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

The Shredding Alliance Limited is a private company limited by shares incorporated in England and Wales. The registered office is 842 Garstang Road, Barton, Preston, PR3 5AA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
25% straight line
Plant and equipment
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

THE SHREDDING ALLIANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

THE SHREDDING ALLIANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
10
10
THE SHREDDING ALLIANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
3
Tangible fixed assets
Leasehold improvements
Plant and equipment
Total
£
£
£
Cost
At 1 April 2024 and 31 March 2025
42,036
27,020
69,056
Depreciation and impairment
At 1 April 2024
25,316
27,020
52,336
Depreciation charged in the year
6,077
-
0
6,077
At 31 March 2025
31,393
27,020
58,413
Carrying amount
At 31 March 2025
10,643
-
0
10,643
At 31 March 2024
16,720
-
0
16,720

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
643,189
558,136
Amounts owed by group undertakings
301,550
301,550
Other debtors
10,634
10,634
955,373
870,320
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
236,504
376,395
Corporation tax
43,316
30,123
Other taxation and social security
32,415
25,582
Other creditors
30,376
38,382
342,611
470,482
THE SHREDDING ALLIANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A Shares of £1 each
72
72
72
72
Ordinary B Shares of £1 each
16
16
16
16
88
88
88
88

2025-03-31 2024-04-01 false false false 03 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr A J Chandler Mr R Hill Mr E R Lefevre Mr C J Perry Mr D H Robins 06846306 2024-04-01 2025-03-31 06846306 2025-03-31 06846306 2024-03-31 06846306 core:LeaseholdImprovements 2025-03-31 06846306 core:PlantMachinery 2025-03-31 06846306 core:LeaseholdImprovements 2024-03-31 06846306 core:PlantMachinery 2024-03-31 06846306 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 06846306 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06846306 core:CurrentFinancialInstruments 2025-03-31 06846306 core:CurrentFinancialInstruments 2024-03-31 06846306 core:ShareCapital 2025-03-31 06846306 core:ShareCapital 2024-03-31 06846306 core:SharePremium 2025-03-31 06846306 core:SharePremium 2024-03-31 06846306 core:CapitalRedemptionReserve 2025-03-31 06846306 core:CapitalRedemptionReserve 2024-03-31 06846306 core:RetainedEarningsAccumulatedLosses 2025-03-31 06846306 core:RetainedEarningsAccumulatedLosses 2024-03-31 06846306 core:ShareCapital 2023-03-31 06846306 core:SharePremium 2023-03-31 06846306 core:RetainedEarningsAccumulatedLosses 2023-03-31 06846306 2023-03-31 06846306 core:ShareCapitalOrdinaryShareClass1 2025-03-31 06846306 core:ShareCapitalOrdinaryShareClass1 2024-03-31 06846306 core:ShareCapitalOrdinaryShareClass2 2025-03-31 06846306 core:ShareCapitalOrdinaryShareClass2 2024-03-31 06846306 core:ShareCapitalOrdinaryShares 2025-03-31 06846306 core:ShareCapitalOrdinaryShares 2024-03-31 06846306 bus:Director5 2024-04-01 2025-03-31 06846306 2023-04-01 2024-03-31 06846306 core:LeaseholdImprovements 2024-04-01 2025-03-31 06846306 core:PlantMachinery 2024-04-01 2025-03-31 06846306 core:LeaseholdImprovements 2024-03-31 06846306 core:PlantMachinery 2024-03-31 06846306 2024-03-31 06846306 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 06846306 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 06846306 bus:OrdinaryShareClass1 2025-03-31 06846306 bus:OrdinaryShareClass1 2024-03-31 06846306 bus:OrdinaryShareClass2 2025-03-31 06846306 bus:OrdinaryShareClass2 2024-03-31 06846306 bus:AllOrdinaryShares 2025-03-31 06846306 bus:AllOrdinaryShares 2024-03-31 06846306 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06846306 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06846306 bus:FRS102 2024-04-01 2025-03-31 06846306 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06846306 bus:Director1 2024-04-01 2025-03-31 06846306 bus:Director2 2024-04-01 2025-03-31 06846306 bus:Director3 2024-04-01 2025-03-31 06846306 bus:Director4 2024-04-01 2025-03-31 06846306 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP