SHALDON ASSOCIATES LIMITED


Directors	BUFTON, Lucinda Jane
	BUFTON, Roger Arthur, Major


Company Secretary	BUFTON, Denise


Registered Address	Bay Cottage 7
	Marine Parade Shaldon
	Teignmouth
	TQ14 0DP


Registered Number	05311485 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		354,094		354,280
			354,094		354,280
Current assets
Cash at bank and on hand		2,048		2,166
		2,048		2,166
Creditors amounts falling due within one year	6	(383,990)		(459,278)
Net current assets (liabilities)			(381,942)		(457,112)
Total assets less current liabilities			(27,848)		(102,832)
Net assets			(27,848)		(102,832)
Capital and reserves
Called up share capital			3		2
Profit and loss account			(27,851)		(102,834)
Shareholders' funds			(27,848)		(102,832)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 April 2026, and are signed on its behalf by:

BUFTON, Lucinda Jane
Director

BUFTON, Roger Arthur, Major
Director

Registered Company No. 05311485

SHALDON ASSOCIATES LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Fixtures and fittings	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 January 25	353,537	145,194	498,731
At 31 December 25	353,537	145,194	498,731
Depreciation and impairment
At 01 January 25	-	144,451	144,451
Charge for year	-	186	186
At 31 December 25	-	144,637	144,637
Net book value
At 31 December 25	353,537	557	354,094
At 31 December 24	353,537	743	354,280

4.	Debtors: amounts due within one year

5.	Debtors: amounts due after one year

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	125
Bank borrowings and overdrafts	250,000	250,000
Other creditors	133,153	208,493
Accrued liabilities and deferred income	837	660
Total	383,990	459,278

7.	Creditors: amounts due after one year

8.	Related party transactions
	During the year there was no movement on the inter company loans which are controlled by the same directors and shareholders. The remaining loan at year end for Future Link Solutions Ltd totals £57,000.00. The carried forward loan of £70,006.00 owed to BN Associates Ltd has now been written off due to this company being dissolved making the loan irrecoverable.