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Registered number: 04624238
Shirley Heath Trees Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Hayward Wright
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04624238
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 68,242 85,990
68,242 85,990
CURRENT ASSETS
Debtors 5 129,480 80,369
Cash at bank and in hand 96,759 126,652
226,239 207,021
Creditors: Amounts Falling Due Within One Year 6 (102,879 ) (104,391 )
NET CURRENT ASSETS (LIABILITIES) 123,360 102,630
TOTAL ASSETS LESS CURRENT LIABILITIES 191,602 188,620
Creditors: Amounts Falling Due After More Than One Year 7 (2,915 ) (2,750 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,627 ) (14,914 )
NET ASSETS 177,060 170,956
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 176,960 170,856
SHAREHOLDERS' FUNDS 177,060 170,956
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P Mole
Director
19 December 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Shirley Heath Trees Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04624238 . The registered office is Unit C6a Earlswood Trading Estate, Poolhead Lane, Earlswood, West Midlands, B94 5EW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
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2.5. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 13)
10 13
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 162,634 149,238 2,321 314,193
Additions - 5,000 - 5,000
As at 31 March 2025 162,634 154,238 2,321 319,193
Depreciation
As at 1 April 2024 139,681 86,505 2,017 228,203
Provided during the period 5,738 16,934 76 22,748
As at 31 March 2025 145,419 103,439 2,093 250,951
Net Book Value
As at 31 March 2025 17,215 50,799 228 68,242
As at 1 April 2024 22,953 62,733 304 85,990
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 129,480 80,369
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 3,213
Trade creditors 11,955 8,956
Other creditors 25,707 26,338
Taxation and social security 65,217 65,884
102,879 104,391
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 2,915 2,750
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8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 3,213
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 14,914 14,914
Utilised (3,287 ) (3,287)
Balance at 31 March 2025 11,627 11,627
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Controlling Party
The company's controlling party is Mr P Mole by virtue of his ownership of 65% of the issued share capital in the company.
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