Shelby Project Solutions Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 9396896

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		90,184		115,492

			90,184		115,492
CURRENT ASSETS
Debtors	5	98,475		201,778
Cash at bank and in hand		167,554		114,464

		266,029		316,242
Creditors: Amounts Falling Due Within One Year	6	(157,232 )		(172,935 )

NET CURRENT ASSETS (LIABILITIES)			108,797		143,307

TOTAL ASSETS LESS CURRENT LIABILITIES			198,981		258,799

Creditors: Amounts Falling Due After More Than One Year	7		(99,019 )		(121,614 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,862 )		(9,746 )

NET ASSETS			93,100		127,439

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			93,000		127,339

SHAREHOLDERS' FUNDS			93,100		127,439

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Shelby Project Solutions Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr P J Taylor Director	Mr S Tighe Director
2 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Shelby Project Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 9396896 . The registered office is New Media House, 8 Hardhorn Road, Poulton Le Fylde, FY6 7SR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is recorded as the fair value of consideration receivable for goods supplied and services rendered net of Value Added Tax and discounts.

Turnover for services is recorded at the point that the company becomes legally entitled to receive it, this is usually the date of the invoice.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

2.6. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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Shelby Project Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Pensions

The company operates a defined pension contribution scheme.

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

2.8. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to

be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2025: 10)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2025	21,852	181,079	202,931
Additions	4,962	-	4,962
Disposals	(1,003 )	-	(1,003 )

As at 31 March 2026	25,811	181,079	206,890

Depreciation
As at 1 April 2025	11,123	76,316	87,439
Provided during the period	3,870	26,191	30,061
Disposals	(794 )	-	(794 )

As at 31 March 2026	14,199	102,507	116,706

Net Book Value
As at 31 March 2026	11,612	78,572	90,184

As at 1 April 2025	10,729	104,763	115,492

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	70,200	186,129
Other debtors	28,275	15,649

	98,475	201,778

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Shelby Project Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	19,250	17,608
Trade creditors	354	45
Bank loans and overdrafts	2,651	10,440
Other creditors	24,618	15,931
Taxation and social security	110,359	128,911

	157,232	172,935

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	99,019	118,963
Bank loans	-	2,651

	99,019	121,614

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	19,250	17,608
Later than one year and not later than five years	99,019	118,963

	118,269	136,571
Less: Finance charges allocated to future periods	-	-

	118,269	136,571

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Philip Taylor	4,789	-	(312 )	-	4,477
Mrs Dawn Taylor	8,756	-	(312 )	-	8,444
Mrs Jemma Tighe	8,295	182	(312 )	-	8,165
Mr Steven Tighe	4,627	-	(312 )	-	4,315

The above loans are unsecured, interest free and repayable on demand.

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