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Registrar

Registration number: 05418526

Shielding Solutions Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2026

Shielding Solutions Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Shielding Solutions Limited

Company Information

Directors | R C Claydon S M Howard

Company secretary | N Claydon

Registered office | 410 Avenue West Skyline 120 Great Notley Braintree Essex CM77 7AA

Solicitors | Birkett Long LLP 1 Amphora Place Sheepen Road Colchester Essex CO3 3WG

Accountants | Lambert Chapman LLP Chartered Accountants 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Shielding Solutions Limited

(Registration number: 05418526)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 650,951 | 668,729
Investments | 5 | 1 | 1
|  | 650,952 | 668,730
Current assets |  |  |
Stocks | 6 | 153,200 | 123,700
Debtors | 7 | 217,584 | 158,182
Cash at bank and in hand |  | 270,079 | 213,999
|  | 640,863 | 495,881
Creditors: Amounts falling due within one year | 8 | (326,601) | (308,853)
Net current assets |  | 314,262 | 187,028
Total assets less current liabilities |  | 965,214 | 855,758
Provisions for liabilities |  | (87,773) | (87,900)
Net assets |  | 877,441 | 767,858
Capital and reserves |  |  |
Called up share capital | 9 | 90 | 90
Capital redemption reserve |  | 10 | 10
Revaluation reserve |  | 231,986 | 244,962
Retained earnings |  | 645,355 | 522,796
Shareholders' funds |  | 877,441 | 767,858

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Shielding Solutions Limited

(Registration number: 05418526)
Balance Sheet as at 31 March 2026

Approved and authorised by the Board on 24 July 2026 and signed on its behalf by:

R C Claydon Director | S M Howard Director |

Shielding Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 410 Avenue West, Skyline 120, Great Notley, Braintree, Essex, CM77 7AA.

2 | Accounting policies

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on all material temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Shielding Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Depreciation

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

Asset class | Depreciation method and rate
Land and buildings | 2% and 10% Straight Line Method
Fixtures and fittings | 15% Reducing Balance Method
Plant and machinery | 25% Reducing Balance Method
Office equipment | 25% Reducing Balance Method
Motor vehicles | 15% Reducing Balance Method

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 25% Straight Line Method

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Investments in commodities are initially recognised at cost and then subsequently measured at fair value based on the trade price at the balance sheet date. Movements in the fair value are recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Shielding Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 16 (2025 - 16).

Shielding Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4 | Tangible assets

| Land and buildings £ | Fixtures & fittings £ | Motor vehicles £ | Office Equipment £ | Plant and machinery £ | Total £
Cost or valuation
At 1 April 2025 | 664,490 | 15,751 | 13,995 | 22,927 | 152,729 | 869,892
Additions | 1,691 | 171 | - | - | 8,282 | 10,144
At 31 March 2026 | 666,181 | 15,922 | 13,995 | 22,927 | 161,011 | 880,036
Depreciation
At 1 April 2025 | 37,322 | 11,054 | 6,152 | 15,555 | 131,080 | 201,163
Charge for the year | 18,022 | 713 | 1,177 | 1,843 | 6,167 | 27,922
At 31 March 2026 | 55,344 | 11,767 | 7,329 | 17,398 | 137,247 | 229,085
Carrying amount
At 31 March 2026 | 610,837 | 4,155 | 6,666 | 5,529 | 23,764 | 650,951
At 31 March 2025 | 627,168 | 4,697 | 7,843 | 7,372 | 21,649 | 668,729

Included within the net book value of land and buildings above is £610,837 (2025 - £627,168) in respect of freehold land and buildings.

Revaluation

The fair value of the company's land and buildings was revalued on 18 July 2023 by an independent valuer, Joscelyne Chase Limited.
The directors are of the opinion that the value had not moved significantly in the period between 18 July 2023 and 31 March 2026.
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £407,546 (2025 - £419,551).

Shielding Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5 | Investments

| 2026 £ | 2025 £
Investments in subsidiaries | 1 | 1

Subsidiaries | £
Cost or valuation
At 1 April 2025 | 1
Provision
Carrying amount
At 31 March 2026 | 1
At 31 March 2025 | 1

The principal activity of RFI Shielding Limited is that of a dormant company. Its financial period end is 31 August.

6 | Stocks

| 2026 £ | 2025 £
Raw materials | 153,200 | 123,700

7 | Debtors

| 2026 £ | 2025 £
Trade debtors | 208,064 | 148,615
Prepayments | 9,520 | 9,567
| 217,584 | 158,182

Shielding Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

8 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 149,902 | 134,395
Taxation and social security | 114,998 | 69,844
Accruals and deferred income | 10,501 | 9,289
Other creditors | 51,200 | 95,325
| 326,601 | 308,853

9 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £1 each | 90 | 90 | 90 | 90

10 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2026 £ | 2025 £
Not later than one year | 25,359 | 28,318
Later than one year and not later than five years | 23,246 | 48,605
| 48,605 | 76,923

The amount of non-cancellable operating lease payments recognised as an expense during the year was £27,036 (2025 - £20,899).