Shaw Corporation Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Page 1

Page 2

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 02902288

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,525,767		6,533,302
Investments	5		1,560,846		1,415,272

			8,086,613		7,948,574
CURRENT ASSETS
Debtors	6	213,351		202,858
Cash at bank and in hand		323,347		518,007

		536,698		720,865
Creditors: Amounts Falling Due Within One Year	7	(1,761,321 )		(1,563,320 )

NET CURRENT ASSETS (LIABILITIES)			(1,224,623 )		(842,455 )

TOTAL ASSETS LESS CURRENT LIABILITIES			6,861,990		7,106,119

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,562,500 )		-

NET ASSETS			5,299,490		7,106,119

CAPITAL AND RESERVES
Called up share capital	9		75		75
Share premium account			75		75
Fair value reserve	10		4,687,499		6,159,934
Profit and Loss Account			611,841		946,035

SHAREHOLDERS' FUNDS			5,299,490		7,106,119

Page 2

Page 3

Shaw Corporation Limited

Balance Sheet (continued)

As At 31 March 2025

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 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.

The financial statements were approved by the board of directors on 2 December 2025 and were signed on its behalf by:

C J Shaw

Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

Page 4

Shaw Corporation Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Shaw Corporation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02902288 . The registered office is 2nd Floor Butler House, 177-178 Tottenham Court Road, London, W1T 7AF.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is revenue earned from Chartered Surveyors and Property Development Consultancy Services on property developments in London.

Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Long Leasehold Property	Periodic re-valuations
Plant & Machinery	25% RBM
Motor Vehicles	20% RBM

2.4. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 4

Page 5

Shaw Corporation Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.5. Investment in subsidiaries

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

3. Average Number of Employees

Average number of employees during the year was: 3 (2024: 3)

4. Tangible Assets

	Land & Property
	Long Leasehold Property	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2024	6,480,126	431,276	35,219	6,946,621
Additions	-	4,741	-	4,741

As at 31 March 2025	6,480,126	436,017	35,219	6,951,362

Depreciation
As at 1 April 2024	-	406,275	7,044	413,319
Provided during the period	-	6,641	5,635	12,276

As at 31 March 2025	-	412,916	12,679	425,595

Net Book Value
As at 31 March 2025	6,480,126	23,101	22,540	6,525,767

As at 1 April 2024	6,480,126	25,001	28,175	6,533,302

The Company holds a long leasehold property, this property is held at the professional valuation made for the purpose of, and close to the time of, the acquisition in October 2019. The Company, as Chartered Surveyors, have reviewed the valuation and concluded that there has been no impairment of the £6,250,000 valuation as at 31 March 2025 as at the approval of these accounts. The Directors will in due course consider whether an updated professional valuation is required for the Balance Sheet at 31 March 2026.

Page 5

Page 6

Shaw Corporation Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2024	1,415,272
Additions	145,574

As at 31 March 2025	1,560,846

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1,560,846

As at 1 April 2024	1,415,272

The company owns 100% of the ordinary share capital of Shaw (CMN) Limited, a company incorporated in England Wales, Company no: 14073424.

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	75,000	180,000
Amounts owed by group undertakings	120,118	-
Other debtors	18,233	22,858

	213,351	202,858

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	44,767	2,054
Other creditors	1,656,445	1,548,109
Taxation and social security	60,109	13,157

	1,761,321	1,563,320

Page 6

Page 7

Shaw Corporation Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
Additions	1,562,500	1,562,500

Balance at 31 March 2025	1,562,500	1,562,500

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	75	75

10. Reserves

	Fair Value Reserve
	£
As at 1 April 2024	6,159,934
Transfer to profit and loss	(1,472,435 )

As at 31 March 2025	4,687,499

11. Related Party Transactions

C J Shaw is a director of Shaw Corporation (Gibraltar) Limited and Regent Enterprise Limited. Consultancy fees of £20,000 (2024: £30,00) were received from Regent Enterprises Limited during the year. Consultancy fees amounting to £78,000 (2024 : £150,000) were paid to Shaw Corporation (Gibraltar) Limited during the year.

During the year, the £1,400,000 unsecured loan, included in Other Creditors, from Regent Enterprise Limited at an interest rate of 8.75% was renewed on the same terms for a further year.

12. Ultimate Controlling Party

The entire share capital of the company is owned by Shaw Corporation (Gibraltar) Limited, a Gibraltar incorporated company of which C J Shaw is the ultimate controlling party.

Page 7

Directors	C J Shaw
	M A Shaw
	A M Callison

Company Number	02902288

Registered Office	2nd Floor Butler House
	177-178 Tottenham Court Road
	London
	W1T 7AF

Accountants	Jones & Partners Limited
	Chartered Accountants
	2nd Floor, Butler House
	177-178 Tottenham Court Road
	London
	W1T 7AF