HAVENSHIELD LIMITED


Directors	KEANE, Robert
	KEANE, Robin Augustine


Registered Address	19 Adelphi
	Aberdeen
	AB11 5BL


Registered Number	SC296523 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Called up share capital not paid			85		85
Fixed assets
Tangible assets	3		3,314		3,847
Investment property	4		640,592		640,592
			643,906		644,439
Current assets
Debtors	5,6	480,118		439,884
Cash at bank and on hand		115		1,536
		480,233		441,420
Creditors amounts falling due within one year	7	(172,780)		(136,855)
Net current assets (liabilities)			307,538		304,650
Total assets less current liabilities			951,444		949,089
Creditors amounts falling due after one year	8		(856,276)		(886,906)
Net assets			95,168		62,183
Capital and reserves
Called up share capital			100		100
Profit and loss account			95,068		62,083
Shareholders' funds			95,168		62,183

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 13 July 2026, and are signed on its behalf by:

KEANE, Robert
Director
Registered Company No. SC296523

HAVENSHIELD LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	10

	Investment property
	Investment property are held at fair value

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Fixtures & fittings	Total
	£	£
Cost or valuation
At 01 November 24	5,327	5,327
At 31 October 25	5,327	5,327
Depreciation and impairment
At 01 November 24	1,480	1,480
Charge for year	533	533
At 31 October 25	2,013	2,013
Net book value
At 31 October 25	3,314	3,314
At 31 October 24	3,847	3,847

4.	Investment property


		£
	Fair value at 01 November 24	640,592
	At 31 October 25	640,592

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Prepayments and accrued income	4,124	-
Total	4,124	-

6.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	475,994	439,884
Total	475,994	439,884

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	40,031	10,083
Bank borrowings and overdrafts	61,629	61,629
Taxation and social security	53,357	47,100
Accrued liabilities and deferred income	17,763	18,043
Total	172,780	136,855


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	611,310	676,341
Other creditors	244,966	210,565
Total	856,276	886,906