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Company Registration No. 14407273 (England and Wales)
Shieldtek Ltd Unaudited accounts for the year ended 31 October 2025
Shieldtek Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Shieldtek Ltd Company Information for the year ended 31 October 2025
Directors
ABDUL HALEEM HUSNAIN SHARIF
Company Number
14407273 (England and Wales)
Registered Office
84 Higher Market Street Farnworth Bolton BB4 9BB United Kingdom
Accountants
SAGHIR AHMAD & COMPANY, INTERNATIONAL ACCOUNTANTS 2nd Floor 33 Bent Street Cheetham Hill Manchester M8 8NW
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Shieldtek Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
528
703
Current assets
Inventories
9,200
9,800
Debtors
5
3,989
-
Cash at bank and in hand
9,441
4,990
22,630
14,790
Creditors: amounts falling due within one year
6
(47,363)
(40,302)
Net current liabilities
(24,733)
(25,512)
Net liabilities
(24,205)
(24,809)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(24,207)
(24,811)
Shareholders' funds
(24,205)
(24,809)
For the year ending 31 October 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 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 18 March 2026 and were signed on its behalf by
ABDUL HALEEM Director Company Registration No. 14407273
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Shieldtek Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Shieldtek Ltd is a private company, limited by shares, registered in England and Wales, registration number 14407273. The registered office is 84 Higher Market Street, Farnworth, Bolton, BB4 9BB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% per annum reducing balance basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Turnover
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Shieldtek Ltd Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 November 2024
1,250
At 31 October 2025
1,250
Depreciation
At 1 November 2024
547
Charge for the year
175
At 31 October 2025
722
Net book value
At 31 October 2025
528
At 31 October 2024
703
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
3,989
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
350
394
Loans from directors
43,338
37,283
Accruals
3,675
2,625
47,363
40,302
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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