REGISTERED NUMBER: 01330885 (England and Wales)

Shepheard Epstein & Hunter Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr C D Dokk-Olsen

Ms A A Lakshmanan

Mr T B Cheong

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

01330885 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

2,501

2,542

Current assets

Stocks

-

26,662

Debtors

5

609,443

3,944,802

Cash at bank

853,697

824,271

1,463,140

4,795,735

Creditors

Amounts falling due within one year

6

116,178

60,316

Net current assets

1,346,962

4,735,419

Total assets less current liabilities

1,349,463

4,737,961

Capital and reserves

Called up share capital

400,000

400,000

Retained earnings

949,463

4,337,961

1,349,463

4,737,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th December 2025 and were signed on its behalf by:

Ms A A Lakshmanan - Director

Mr T B Cheong - Director

1.	Statutory information

Shepheard Epstein & Hunter Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

This policy is supported by annual impairment reviews and regular valuations.

Plant and machinery - 33% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Long term contracts

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments on account.

Employee benefit trust

All transactions processed through the trust have been incorporated into these financial statements.

3.	Employees and directors

The average number of employees during the year was 14 (2024 - 17 ) .

4.	Tangible fixed assets

Plant and

machinery

£

Cost

At 1st April 2024

141,756

Additions

3,752

At 31st March 2025

145,508

Depreciation

At 1st April 2024

139,214

Charge for year

3,793

At 31st March 2025

143,007

Net book value

At 31st March 2025

2,501

At 31st March 2024

2,542

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

325,280

221,539

Amounts owed by participating interests

100,117

3,586,207

Other debtors

184,046

137,056

609,443

3,944,802

The debtors above include amounts owed by participating interests falling due after more than one year of £100,117 (2024; £3,586,207 ).

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

27,879

10,060

Taxation and social security

59,087

23,240

Other creditors

29,212

27,016

116,178

60,316