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Company Registration No. 09248694 (England and Wales)
Shortek Limited Unaudited accounts for the year ended 31 October 2025
Shortek Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Shortek Limited Company Information for the year ended 31 October 2025
Directors
Timothy George Vallings Patricia Jane Vallings
Company Number
09248694 (England and Wales)
- 3 -
Shortek Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,354,386
1,354,628
Current assets
Cash at bank and in hand
10,076
13,467
Creditors: amounts falling due within one year
5
(749,186)
(732,299)
Net current liabilities
(739,110)
(718,832)
Total assets less current liabilities
615,276
635,796
Creditors: amounts falling due after more than one year
6
(721,963)
(721,924)
Net liabilities
(106,687)
(86,128)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(106,787)
(86,228)
Shareholders' funds
(106,687)
(86,128)
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 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 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 of Directors and authorised for issue on 5 May 2026 and were signed on its behalf by
Timothy George Vallings Director Company Registration No. 09248694
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Shortek Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Shortek Limited is a private company, limited by shares, registered in England and Wales, registration number 09248694.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
1,353,750
969
1,354,719
At 31 October 2025
1,353,750
969
1,354,719
Depreciation
At 1 November 2024
-
91
91
Charge for the year
-
242
242
At 31 October 2025
-
333
333
Net book value
At 31 October 2025
1,353,750
636
1,354,386
At 31 October 2024
1,353,750
878
1,354,628
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
748,186
731,299
Accruals
1,000
1,000
749,186
732,299
- 5 -
Shortek Limited Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
721,963
721,924
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -