Registration number: 14471953

Shemwell (Limb Lane) Limited

(Registration number: 14471953)

Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	3	154,342	154,342
Current assets
Debtors	4	-	131
Cash at bank and in hand		137	1,687
		137	1,818
Creditors: Amounts falling due within one year	5	(160,992)	(160,950)
Net current liabilities		(160,855)	(159,132)
Net liabilities		(6,513)	(4,790)
Capital and reserves
Called up share capital		10	10
Retained earnings		(6,523)	(4,800)
Shareholders' deficit		(6,513)	(4,790)

For the financial year ending 30 November 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 17 July 2026
 

.........................................

J M N Turner

Director

Shemwell (Limb Lane) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	Accounting policies

Statutory information

Shemwell (Limb Lane) Limited is a private company, limited by shares, domiciled in England and Wales, company number 14471953. The registered office is at Pegasus House, 463a Glossop Road, Sheffield, S10 2QD.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold land	not depreciated

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Financial instruments

Financial instruments are classified and accounted for, in accordance to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

Shemwell (Limb Lane) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025 (continued)

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

3	Investment properties

	2025 £
At 1 December 2024	154,342
At 30 November 2025	154,342

The investment properties class of fixed assets were revalued by the directors on 30 November 2025. The basis of this valuation was existing use basis. This class of assets has a current value of £154,342 and a carrying amount at historical cost of £154,342.

4

Debtors

	2025 £	2024 £
Other debtors	-	131

5

Creditors

	2025 £	2024 £
Due within one year
Accruals	1,002	960
Directors loan account	159,990	159,990
	160,992	160,950

6	Related party transactions

During the year the director had an interest free loan with the company. The balance owing to the director as at 30 November 2025 was £159,990 (2024: £159,990).