REGISTERED NUMBER: SC347919 (Scotland)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

SHIRE PRODUCE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Currie

REGISTERED OFFICE:

Unit A

4 Dundyvan Street

Wishaw

ML2 0HF

REGISTERED NUMBER:

SC347919 (Scotland)

ACCOUNTANTS:

Thomson Currie Accountancy Limited

Chartered Certified Accountants

7 Pickering House

Netherton Road

Wishaw

ML2 0EQ

FIXED ASSETS

Tangible assets

4

78,811

68,823

CURRENT ASSETS

Stocks

425

395

Debtors

19,305

13,263

Cash at bank and in hand

160,234

143,722

179,964

157,380

CREDITORS

Amounts falling due within one year

30,234

51,598

NET CURRENT ASSETS

149,730

105,782

TOTAL ASSETS LESS CURRENT LIABILITIES

228,541

174,605

PROVISIONS FOR LIABILITIES

18,308

16,345

NET ASSETS

210,233

158,260

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

210,133

158,160

SHAREHOLDERS' FUNDS

210,233

158,260

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 January 2026 and were signed by:

J Currie - Director

1.	STATUTORY INFORMATION

SHIRE PRODUCE LIMITED is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover is measured at the consideration received or receivable, excluding value added tax. Turnover from the sale of goods is recognised at the date of sale.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2024

119,401

Additions

31,989

Disposals

(16,749

)

At 31 August 2025

134,641

DEPRECIATION

At 1 September 2024

50,578

Charge for year

18,440

Eliminated on disposal

(13,188

)

At 31 August 2025

55,830

NET BOOK VALUE

At 31 August 2025

78,811

At 31 August 2024

68,823

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Creditors falling due within one year includes a directors loan account. The loan account was not overdrawn during the year.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Currie.