Company No: 15159500 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Tangible assets	3	3,963,696		4,213,343
		3,963,696		4,213,343
Current assets
Cash at bank and in hand	4	63,896		13,466
		63,896		13,466
Creditors: amounts falling due within one year	5	( 966,212)		( 1,007,899)
Net current liabilities		(902,316)		(994,433)
Total assets less current liabilities		3,061,380		3,218,910
Creditors: amounts falling due after more than one year	6	0		( 265,836)
Net assets		3,061,380		2,953,074
Capital and reserves
Called-up share capital		100		100
Share premium account		2,915,775		2,915,775
Profit and loss account		145,505		37,199
Total shareholders' funds		3,061,380		2,953,074

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Shawcroft Ltd (registered number: 15159500) were approved and authorised for issue by the Board of Directors on 12 December 2025. They were signed on its behalf by:

Mr P Leigh Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Shawcroft Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 6 Alcester Road, Sale, M33 3QP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

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.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery etc.	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	Year ended 31.03.2025		Period from 23.09.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 April 2024	4,205,000		9,270		4,214,270
Additions	0		2,428		2,428
Disposals	( 250,000)		0		( 250,000)
At 31 March 2025	3,955,000		11,698		3,966,698
Accumulated depreciation
At 01 April 2024	0		927		927
Charge for the financial year	0		2,075		2,075
At 31 March 2025	0		3,002		3,002
Net book value
At 31 March 2025	3,955,000		8,696		3,963,696
At 31 March 2024	4,205,000		8,343		4,213,343

4. Cash and cash equivalents

	31.03.2025		31.03.2024
	£		£
Cash at bank and in hand	63,896		13,466

5. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Taxation and social security	34,180		8,095
Other creditors	932,032		999,804
	966,212		1,007,899

6. Creditors: amounts falling due after more than one year

	31.03.2025		31.03.2024
	£		£
Other creditors	0		265,836

There are no amounts included above in respect of which any security has been given by the small entity.