REGISTERED NUMBER: 12420746 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SHNR LIMITED

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

8

DIRECTOR:

Mr F G Roberts

REGISTERED OFFICE:

Britannic House

657 Liverpool Road

Irlam

Manchester

M44 5XD

REGISTERED NUMBER:

12420746 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of property investment

DIRECTOR

Mr F G Roberts held office during the whole of the period from 1 April 2024 to the date of this report.

The director shown below was in office at 31 March 2025 but did not hold any interest in the Ordinary shares of £1 each at 1 April 2024 or 31 March 2025.

Mr F G Roberts

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr F G Roberts - Director

22 December 2025

FIXED ASSETS

Tangible assets

4

343

458

Investment property

5

950,000

950,000

950,343

950,458

CURRENT ASSETS

Debtors

6

155,417

18,705

Cash at bank

20,360

151,101

175,777

169,806

CREDITORS

Amounts falling due within one year

7

(58,960

)

(43,308

)

NET CURRENT ASSETS

116,817

126,498

TOTAL ASSETS LESS CURRENT LIABILITIES

1,067,160

1,076,956

CREDITORS

Amounts falling due after more than one year

8

(840,541

)

(844,041

)

PROVISIONS FOR LIABILITIES

(54,581

)

(54,581

)

NET ASSETS

172,038

178,334

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

169,379

169,379

Retained earnings

2,559

8,855

SHAREHOLDERS' FUNDS

172,038

178,334

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

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

The director acknowledges his 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 director and authorised for issue on 22 December 2025 and were signed by:

Mr F G Roberts - Director

1.	STATUTORY INFORMATION

SHNR 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

1,322

DEPRECIATION

At 1 April 2024

864

Charge for year

115

At 31 March 2025

979

NET BOOK VALUE

At 31 March 2025

343

At 31 March 2024

458

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

950,000

NET BOOK VALUE

At 31 March 2025

950,000

At 31 March 2024

950,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

73,924

Valuation in 2023

(50,000

)

Valuation in 2024

200,000

Cost

726,076

950,000

If the investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

726,076

726,076

Investment property was valued on an open market value basis on 7 November 2022 by Shawbrook bank .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

18,705

Amounts owed by group undertakings

155,000

-

Other debtors

417

-

155,417

18,705

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

310

310

Amounts owed to group undertakings

12,000

12,000

Taxation and social security

4,892

237

Other creditors

41,758

30,761

58,960

43,308

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

572,344

572,344

Other creditors

268,197

271,697

840,541

844,041

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

572,344

572,344

Other loans more 5yrs non-inst

268,197

271,697

840,541

844,041

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

572,344

572,344

The Bank loan is secured on the Investment Property.

10.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

169,379

11.	ULTIMATE CONTROLLING PARTY

The controlling party is 5AV Limited.