Company Registration No. 12222517 (England and Wales)
Shackle Group Ltd
Unaudited accounts
for the year ended 31 December 2024
Shackle Group Ltd
Unaudited accounts
Contents
Shackle Group Ltd
Company Information
for the year ended 31 December 2024
Directors
Mark Brian Abraham
William Malachy Mcquillan
Alex Francis Burke Cuppage
Company Number
12222517 (England and Wales)
Registered Office
2nd Floor
4 Beaconsfield Road
St. Albans
Hertfordshire
AL1 3RD
England
Accountants
Sidgrove
86-90 Paul Street
London
EC2A 4NE
Shackle Group Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
2,195,782
5,710,040
Creditors: amounts falling due within one year
(175,593)
(104,319)
Net current assets
2,273,514
8,253,674
Net assets
2,273,514
8,276,789
Called up share capital
20
20
Share premium
11,864,145
11,864,145
Profit and loss account
(9,590,651)
(3,587,376)
Shareholders' funds
2,273,514
8,276,789
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Mark Brian Abraham
Director
Company Registration No. 12222517
Shackle Group Ltd
Notes to the Accounts
for the year ended 31 December 2024
Shackle Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12222517. The registered office is 2nd Floor, 4 Beaconsfield Road, St. Albans, Hertfordshire, AL1 3RD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives
Plant & machinery
33.33% - Straight Line
Computer equipment
33.33% - Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
533
29,405
29,938
Additions
4,536
18,101
22,637
Disposals
(5,069)
(47,506)
(52,575)
At 1 January 2024
30
6,959
6,989
Charge for the year
904
13,687
14,591
On disposals
(934)
(20,646)
(21,580)
At 31 December 2023
503
22,446
22,949
Shackle Group Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Investments
Subsidiary undertakings
Valuation at 1 January 2024
166
Valuation at 31 December 2024
-
Amounts falling due within one year
Amounts due from group undertakings etc.
-
2,462,563
Accrued income and prepayments
33,361
40,305
Other debtors
203,243
98,009
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
57,612
22,433
Taxes and social security
-
10,045
Other creditors
69,009
67,019
8
Transactions with related parties
During the year, intercompany loans totalling £4,371,540 have been impaired to nil as recovery is uncertain or not expected.
9
Average number of employees
During the year the average number of employees was 6 (2023: 4).