REGISTERED NUMBER: 14296189 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Shields Family Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

N P Shields

J Shields

REGISTERED OFFICE:

145 Victoria Road

Wargrave

Reading

RG10 8AG

REGISTERED NUMBER:

14296189 (England and Wales)

ACCOUNTANTS:

Millward, May & Co

The Overhangs

55a Peach Street

Wokingham

Berkshire

RG40 1XP

FIXED ASSETS

Investments

4

941,038

1,068,224

CURRENT ASSETS

Debtors

5

50,033

56,173

Cash at bank

7,257

446

57,290

56,619

CREDITORS

Amounts falling due within one year

6

63,514

5,009

NET CURRENT (LIABILITIES)/ASSETS

(6,224

)

51,610

TOTAL ASSETS LESS CURRENT LIABILITIES

934,814

1,119,834

PROVISIONS FOR LIABILITIES

47,831

33,411

NET ASSETS

886,983

1,086,423

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

7

143,491

100,234

Retained earnings

743,490

986,187

886,983

1,086,423

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by:

J Shields - Director

1.	STATUTORY INFORMATION

Shields Family Ltd is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fixed asset investments

Investments are remeasured at the fair value at each balance sheet date. Gains and losses on remeasurements are recognised in the profit and loss acocunt for the period.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 September 2024

1,068,224

Additions

3,742

Disposals

(188,606

)

Revaluations

57,678

At 31 August 2025

941,038

NET BOOK VALUE

At 31 August 2025

941,038

At 31 August 2024

1,068,224

Cost or valuation at 31 August 2025 is represented by:

Other

investments

£

Valuation in 2023

21,667

Valuation in 2024

111,978

Valuation in 2025

57,677

Cost

749,716

941,038

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.8.25

31.8.24

£

£

Cost

749,716

934,579

Fixed asset investments were valued on an open market basis on 31 August 2025 by online share markets. .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

50,033

56,173

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Taxation and social security

10,904

3,047

Other creditors

52,610

1,962

63,514

5,009

7.

RESERVES

Revaluation

reserve

£

At 1 September 2024

100,234

Fair value movements

43,257

At 31 August 2025

143,491

8.	RELATED PARTY DISCLOSURES