Company Registration No. 08671389 (England and Wales)
SHADLOCK SKIPS LIMITED
Unaudited accounts
for the year ended 31 March 2025
SHADLOCK SKIPS LIMITED
Unaudited accounts
Contents
SHADLOCK SKIPS LIMITED
Company Information
for the year ended 31 March 2025
Company Number
08671389 (England and Wales)
Registered Office
Waterbarn Mill
Newchurch Road
Stacksteads
Bacup
Lancashire
OL13 0NL
United Kingdom
Accountants
Stoney Philbin & Company Limited
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD
SHADLOCK SKIPS LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
274,124
298,966
Cash at bank and in hand
11,570
21,065
Creditors: amounts falling due within one year
(206,520)
(220,904)
Net current liabilities
(150,736)
(150,503)
Total assets less current liabilities
123,388
148,463
Creditors: amounts falling due after more than one year
(52,507)
(96,110)
Called up share capital
100
100
Profit and loss account
70,781
52,253
Shareholders' funds
70,881
52,353
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 members have 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 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 and authorised for issue on 1 December 2025 and were signed on its behalf by
Mr C P Jones
Director
Company Registration No. 08671389
SHADLOCK SKIPS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
SHADLOCK SKIPS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08671389. The registered office is Waterbarn Mill, Newchurch Road, Stacksteads, Bacup, Lancashire, OL13 0NL, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Land & buildings
4% straight line basis
Plant & machinery
15% reducing balance basis
Motor vehicles
15% reducing balance basis
Computer equipment
15% reducing balance basis
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
SHADLOCK SKIPS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
15,389
446,770
112,364
13,575
588,098
Additions
-
4,924
29,450
-
34,374
Disposals
-
(4,500)
(19,583)
-
(24,083)
At 31 March 2025
15,389
447,194
122,231
13,575
598,389
At 1 April 2024
6,153
224,923
50,402
7,654
289,132
Charge for the year
616
34,016
12,178
1,184
47,994
On disposals
-
(3,500)
(9,361)
-
(12,861)
At 31 March 2025
6,769
255,439
53,219
8,838
324,265
At 31 March 2025
8,620
191,755
69,012
4,737
274,124
At 31 March 2024
9,236
221,847
61,962
5,921
298,966
Amounts falling due within one year
Trade debtors
35,732
34,234
Other debtors
8,482
15,102
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
52,452
47,774
Trade creditors
35,021
54,328
Taxes and social security
46,954
50,901
Other creditors
59,343
54,297
Loans from directors
-
854
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
48,340
81,943
SHADLOCK SKIPS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
During the year the company loaned capital to Shadlock Blasting Company Ltd, a company under common control. At the year end the balance owing was £8,482 (2024 - £14,932).
10
Average number of employees
During the year the average number of employees was 8 (2024: 10).