REGISTERED NUMBER: 09511693 (England and Wales)

Financial Statements for the Year Ended 30 March 2025

for

Shape London Re Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K D Robinson

Mr J N Robinson

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

09511693 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

34,648

32,597

Investment property

5

1,209,000

1,152,170

1,243,648

1,184,767

CURRENT ASSETS

Debtors

6

6,114

1,856

Cash at bank

14,268

-

20,382

1,856

CREDITORS

Amounts falling due within one year

7

850,556

845,902

NET CURRENT LIABILITIES

(830,174

)

(844,046

)

TOTAL ASSETS LESS CURRENT LIABILITIES

413,474

340,721

CREDITORS

Amounts falling due after more than one year

8

86,090

102,139

NET ASSETS

327,384

238,582

CAPITAL AND RESERVES

Called up share capital

102

102

Revaluation reserve

404,703

347,873

Retained earnings

(77,421

)

(109,393

)

327,384

238,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by:

Mr J N Robinson - Director

1.	STATUTORY INFORMATION

Shape London Re 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.

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

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

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 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 statement of financial position date.

Going concern

The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 31 March 2024

27,641

6,777

2,956

37,374

Additions

1,734

430

1,028

3,192

At 30 March 2025

29,375

7,207

3,984

40,566

DEPRECIATION

At 31 March 2024

-

2,582

2,195

4,777

Charge for year

-

694

447

1,141

At 30 March 2025

-

3,276

2,642

5,918

NET BOOK VALUE

At 30 March 2025

29,375

3,931

1,342

34,648

At 30 March 2024

27,641

4,195

761

32,597

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 March 2024

1,152,170

Revaluations

56,830

At 30 March 2025

1,209,000

NET BOOK VALUE

At 30 March 2025

1,209,000

At 30 March 2024

1,152,170

Fair value at 30 March 2025 is represented by:

£

Valuation in 2020

177,377

Valuation in 2021

212,623

Valuation in 2022

469,750

Valuation in 2023

18,250

Valuation in 2024

274,170

Valuation in 2025

56,830

1,209,000

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

30.3.25

30.3.24

£

£

Cost

804,297

804,297

The property was valued on an open market basis on 30 March 2025 by Shape London Re Limited .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Trade debtors

4,604

1,856

Other debtors

1,510

-

6,114

1,856

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Bank loans and overdrafts

1,792

3,490

Trade creditors

2,729

2,228

Other creditors

846,035

840,184

850,556

845,902

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.25

30.3.24

£

£

Bank loans

597

2,389

Other creditors

85,493

99,750

86,090

102,139

9.	RELATED PARTY DISCLOSURES

The Directors, Mr K D Robinson and Mr J N Robinson, are considered to be key management personnel.