REGISTERED NUMBER: 04841012 (England and Wales)

Shillings Enterprises Limited

Financial Statements

for the Year Ended 31st July 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

209,559

149,050

Investment property

5

1,601,521

1,587,545

1,811,080

1,736,595

CURRENT ASSETS

Debtors

6

66,434

26,588

Cash at bank and in hand

22,070

45,091

88,504

71,679

CREDITORS

Amounts falling due within one year

7

373,278

289,648

NET CURRENT LIABILITIES

(284,774

)

(217,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,526,306

1,518,626

CREDITORS

Amounts falling due after more than one year

8

(1,000,000

)

(1,000,000

)

PROVISIONS FOR LIABILITIES

(97,543

)

(90,029

)

NET ASSETS

428,763

428,597

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

428,663

428,497

SHAREHOLDERS' FUNDS

428,763

428,597

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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 26th March 2026 and were signed on its behalf by:

R T Walker - Director

1.	STATUTORY INFORMATION

Shillings Enterprises Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04841012

Registered office:

Greenway Farm

Greenway

Tockenham

Swindon

Wiltshire

SN4 7PP

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the total invoice value, excluding value added tax, of fees and rental income invoiced during the year.

Tangible fixed assets

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

Motor vehicles

-

20% on cost

Office equipment

-

50% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Improvements

Mobile

to

Plant and

Lodge

property

machinery

£

£

£

COST

At 1st August 2024

24,610

66,273

122,609

Additions

3,000

46,744

1,844

At 31st July 2025

27,610

113,017

124,453

DEPRECIATION

At 1st August 2024

4,207

16,618

46,734

Charge for year

2,736

7,487

12,389

At 31st July 2025

6,943

24,105

59,123

NET BOOK VALUE

At 31st July 2025

20,667

88,912

65,330

At 31st July 2024

20,403

49,655

75,875

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st August 2024

22,574

9,269

13,779

259,114

Additions

-

33,495

2,264

87,347

At 31st July 2025

22,574

42,764

16,043

346,461

DEPRECIATION

At 1st August 2024

21,531

7,195

13,779

110,064

Charge for year

313

3,253

660

26,838

At 31st July 2025

21,844

10,448

14,439

136,902

NET BOOK VALUE

At 31st July 2025

730

32,316

1,604

209,559

At 31st July 2024

1,043

2,074

-

149,050

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st August 2024

1,587,545

Revaluations

13,976

At 31st July 2025

1,601,521

NET BOOK VALUE

At 31st July 2025

1,601,521

At 31st July 2024

1,587,545

The fair value of the investment property at 31st July 2025 was agreed by the directors of the company, with reference to recent market values.

Fair value at 31st July 2025 is represented by:

£

Valuation in 2017

92,960

Valuation in 2018

34,737

Valuation in 2019

(27,451

)

Valuation in 2020

30,800

Valuation in 2021

111,018

Valuation in 2022

120,246

Valuation in 2023

48,689

Valuation in 2024

(20,823

)

Valuation in 2025

13,976

Cost

1,197,369

1,601,521

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

54,110

14,076

Other debtors

12,324

12,512

66,434

26,588

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

9,387

12,718

Taxation and social security

30

8,598

Other creditors

363,861

268,332

373,278

289,648

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,000,000

1,000,000