SHALE T14 LTD - Accounts

SHALE T14 LTD
Contents Page
For the year ended 31 March 2025

Company information	1
Director's report	2
Accountants' report	3
Income statement	4
Statement of financial position	5
Notes to the financial statements	6
Statement of changes in equity	7

SHALE T14 LTD
Company Information
For the year ended 31 March 2025

Director	Tukelo NLEYA
Registered Number	12528290
Registered Office	51 BRIDGE ROAD EAST FLAT 5 WELWYN GARDEN CITY Hertfordshire AL7 1JR
Accountants	New Horizons Services Ltd Vision 25 Innova Park, Electric Avenue Enfield EN3 7GD

1

SHALE T14 LTD
Director's Report
For the year ended 31 March 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

Principal activity of the company during the financial year was of the provision of social and nursing activities in the community.

Director

The director who served the company throughout the year was as follows:

Tukelo NLEYA

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

----------------------------------
Tukelo NLEYA
Director

Date approved: 31 December 2025

2

SHALE T14 LTD Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. New Horizons Services Ltd 31 March 2025 .................................................... New Horizons Services Ltd Vision 25 Innova Park, Electric Avenue Enfield EN3 7GD 31 December 2025 3

SHALE T14 LTD
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
New Horizons Services Ltd
31 March 2025

....................................................

New Horizons Services Ltd
Vision 25
Innova Park, Electric Avenue
Enfield
EN3 7GD
31 December 2025

3

SHALE T14 LTD
Income Statement
For the year ended 31 March 2025

	2025 £	2024 £ (as restated)
Turnover	62,604	69,270
Cost of sales	(19,908)	(19,637)
Gross profit	42,696	49,633
Administrative expenses	(9,748)	(7,224)
Operating profit	32,948	42,409
Profit/(Loss) on ordinary activities before taxation	32,948	42,409
Tax on profit on ordinary activities	(6,260)	(8,058)
Profit/(Loss) for the financial year	26,688	34,351

4

Registered Number: 12528290 SHALE T14 LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £ (as restated)
Current assets
Cash at bank and in hand		16,546	16,821
Creditors: amount falling due within one year	5	(19,064)	(22,612)
Net current assets		(2,518)	(5,791)

Total assets less current liabilities		(2,518)	(5,791)
Accruals and deferred income		-	(11,772)
Net assets		(2,518)	(17,563)

Capital and reserves
General Reserves	6	(29,206)	(51,914)
Profit and loss account		26,688	34,351
Shareholders' funds		(2,518)	(17,563)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 31 December 2025 and were signed by:

-------------------------------
Tukelo NLEYA
Director

5

SHALE T14 LTD
Statement of Changes in Equity
For the year ended 31 March 2025

	Retained Earnings	Total
	£	£
Profit for the year	34,351	34,351
Total comprehensive income for the year	34,351	34,351
Total investments by and distributions to owners	-	-
At 31 March 2024	34,351	34,351
At 01 April 2024		-
Profit for the year	26,688	26,688
Total comprehensive income for the year	26,688	26,688
Total investments by and distributions to owners	-	-
At 31 March 2025	26,688	26,688

6

SHALE T14 LTD
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

SHALE T14 LTD is a private company, limited by shares, registered in England and Wales, registration number 12528290, registration address 51 BRIDGE ROAD EAST, FLAT 5 , WELWYN GARDEN CITY, Hertfordshire, AL7 1JR.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Current asset investments

Current asset investments are stated at the lower of cost and net realisable value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.

Directors' Emoluments

	2025 £	2024 £
Administrative Expenses
Directors Salaries	-	3,202
Cost of Sales
Directors Salaries	12,570	12,570
	12,570	15,772

3.

Staff Costs

	2025 £	2024 £
Wages and salaries	12,570	15,772
Social security costs	479	479
Other staff costs	295	-
	13,344	16,251

4.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	10,420	14,554
Taxation and Social Security	8,644	8,058
	19,064	22,612

6.

General Reserves

	2025 £	2024 £
General Reserve	7,101	(15,607)
General Reserve b/fwd	(36,307)	(36,307)
	(29,206)	(51,914)

7

Registered Number: 12528290
England and Wales
SHALE T14 LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025