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Company Registration No. SC251010 (Scotland)
The Shilling Group (Edinburgh) Ltd Unaudited accounts for the year ended 31 October 2025
The Shilling Group (Edinburgh) Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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The Shilling Group (Edinburgh) Ltd Company Information for the year ended 31 October 2025
Director
Michael McGuigan
Company Number
SC251010 (Scotland)
Registered Office
27 Laurieston Street Edinburgh EH3 9DQ
Accountants
Oak Team Associates Limited Clyde Offices 48 West George Street Glasgow G2 1BP
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The Shilling Group (Edinburgh) Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
978,656 
978,656 
Investments
5
400,000 
400,000 
1,378,656 
1,378,656 
Current assets
Debtors
6
279,889 
287,953 
Cash at bank and in hand
9,208 
25 
289,097 
287,978 
Creditors: amounts falling due within one year
7
(361,076)
(371,640)
Net current liabilities
(71,979)
(83,662)
Total assets less current liabilities
1,306,677 
1,294,994 
Creditors: amounts falling due after more than one year
8
(439,859)
(454,069)
Net assets
866,818 
840,925 
Capital and reserves
Called up share capital
9
2 
2 
Revaluation reserve
522,271 
522,271 
Profit and loss account
344,545 
318,652 
Shareholders' funds
866,818 
840,925 
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 director acknowledges his 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 and authorised for issue on 19 May 2026 and were signed on its behalf by
Michael McGuigan Director Company Registration No. SC251010
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The Shilling Group (Edinburgh) Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
The Shilling Group (Edinburgh) Ltd is a private company, limited by shares, registered in Scotland, registration number SC251010. The registered office is 27 Laurieston Street, Edinburgh, EH3 9DQ.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation charged
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2024
978,656 
At 31 October 2025
978,656 
Depreciation
At 31 October 2025
- 
Net book value
At 31 October 2025
978,656 
At 31 October 2024
978,656 
5
Investments
Other investments 
£ 
Valuation at 1 November 2024
400,000 
Valuation at 31 October 2025
400,000 
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The Shilling Group (Edinburgh) Ltd Notes to the Accounts for the year ended 31 October 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
454 
362 
Amounts due from group undertakings etc.
244,074 
244,074 
Accrued income and prepayments
33,200 
41,500 
Other debtors
2,161 
2,017 
279,889 
287,953 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
4,331 
Taxes and social security
444 
- 
Other creditors
339,632 
343,309 
Loans from directors
21,000 
24,000 
361,076 
371,640 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
439,859 
454,069 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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