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COMPANY REGISTRATION NUMBER: 14948012

Shillings Capital Ltd

Filleted Unaudited Financial Statements

Year ended

30 June 2025

Shillings Capital Ltd

Financial Statements

Year ended 30 June 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Shillings Capital Ltd

Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 143,238 |  | 143,238

Current assets

Cash at bank and in hand | 3,742 |  | 1,605 |

Creditors: amounts falling due within one year | 6 | 15,630 |  | 15,601 |
| -------- |  | -------- |
Net current liabilities |  | 11,888 |  | 13,996
|  | ---------- |  | ----------
Total assets less current liabilities |  | 131,350 |  | 129,242

Creditors: amounts falling due after more than one year | 7 |  | 133,114 |  | 133,164
|  | ---------- |  | ----------
Net liabilities |  | ( 1,764) |  | ( 3,922)
|  | ---------- |  | ----------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | ( 1,864) |  | ( 4,022)
|  | ------- |  | -------
Shareholders deficit |  | ( 1,764) |  | ( 3,922)
|  | ------- |  | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Shillings Capital Ltd

Statement of Financial Position (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 22 May 2026 , and are signed on behalf of the board by:

Mr M Shillings |
Director |

Company registration number: 14948012

Shillings Capital Ltd

Notes to the Financial Statements

Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Gowdall Way, Howden, Goole, East Yorkshire, DN14 7JE, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the director has considered the effect of these matters on the company with the information available to it and does not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the director has prepared these financial statements on a going concern basis. The financial statements show a profit for the period of £1,748. The Company has net liabilities at the Balance Sheet date of £2,174. The director has confirmed that he is willing to support the company for the foreseeable future. Therefore the going concern basis is applicable.
Revenue recognition
Turnover compromises revenue recognised by the company in respect of property management and rental income receivable.
Revenue from rents receivable is recognised in accordance with the terms of the relevant lease agreement.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Investment properties
Investment properties are initially recorded at cost, which included purchase price and any directly attributable expenditure.
Investment properties are revalued at their fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual agreement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Tangible assets

| Freehold property
| £
Cost |
At 1 July 2024 and 30 June 2025 | 143,238
| ----------
Depreciation |
At 1 July 2024 and 30 June 2025 | –
| ----------
Carrying amount |
At 30 June 2025 | 143,238
| ----------
At 30 June 2024 | 143,238
| ----------

The investment property was valued in June 2025 by the director who has experience in the location and category of the investment property being valued.
6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 630 | 601
Other creditors | 15,000 | 15,000
| -------- | --------
| 15,630 | 15,601
| -------- | --------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 97,437 | 97,850
Other creditors | 35,677 | 35,314
| ---------- | ----------
| 133,114 | 133,164
| ---------- | ----------

8. Related party transactions
The director had a loan account with the company during the year. The balance owing to the director on 30 June 2025 was £ 50,677 - shown as due within one year £15,000, and after one year £35,677(2024 50,314 - shown as due within one year £15,000 and after one year £35,314).