REGISTERED NUMBER: 04419723 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Shute End Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr G Simpson

REGISTERED OFFICE:

c/o Wilson Partners Limited,

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

REGISTERED NUMBER:

04419723 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Tangible assets

4

164,543

194,190

Investment property

5

8,218,770

6,976,620

8,383,313

7,170,810

CURRENT ASSETS

Debtors

6

179,249

933,930

Cash at bank

2,176,099

1,920,263

2,355,348

2,854,193

CREDITORS

Amounts falling due within one year

7

(919,116

)

(1,134,076

)

NET CURRENT ASSETS

1,436,232

1,720,117

TOTAL ASSETS LESS CURRENT LIABILITIES

9,819,545

8,890,927

PROVISIONS FOR LIABILITIES

(350,239

)

(86,699

)

NET ASSETS

9,469,306

8,804,228

CAPITAL AND RESERVES

Called up share capital

3,534,320

3,534,320

Retained earnings

5,934,986

5,269,908

SHAREHOLDERS' FUNDS

9,469,306

8,804,228

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

Mr G Simpson - Director

1.	STATUTORY INFORMATION

Shute End Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Shute End Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future that affect the position shown in the accounts.

Turnover

The turnover in the profit and loss account relates to rental income receivable by the company exclusive of Value Added Tax.

Turnover on property sales is recognised upon legal completion of legal title to the customer.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

33% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Tangible fixed assets are included at cost less depreciation and impairment.

Investment property

Investment property is included at fair value. Gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

163,243

181,536

344,779

Additions

-

4,900

4,900

At 31 March 2025

163,243

186,436

349,679

DEPRECIATION

At 1 April 2024

22,854

127,735

150,589

Charge for year

3,265

31,282

34,547

At 31 March 2025

26,119

159,017

185,136

NET BOOK VALUE

At 31 March 2025

137,124

27,419

164,543

At 31 March 2024

140,389

53,801

194,190

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

6,976,620

Additions

164,650

Revaluations

1,077,500

At 31 March 2025

8,218,770

NET BOOK VALUE

At 31 March 2025

8,218,770

At 31 March 2024

6,976,620

In the opinion of the director, the company's interest in the investment property on an open market valuation basis was valued at £8,218,770 at 31 March 2025 which compares to the historical cost of the property of £7,035,412.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

22,421

180

Other debtors

156,828

933,750

179,249

933,930

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

39,879

264,167

Taxation and social security

3,273

4,788

Other creditors

875,964

865,121

919,116

1,134,076

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr G Simpson

Balance outstanding at start of year

85,162

-

Amounts advanced

3,493

100,000

Amounts repaid

(89,500

)

(14,838

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(845

)

85,162

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G Simpson by virtue of his 100% ownership of the issued share capital of the company.