Shore Furse Ltd - Filleted accounts

Registered number

15865057

Shore Furse Ltd

Filleted Accounts

31 December 2025

Shore Furse Ltd
Registered number:		15865057
Balance Sheet
as at 31 December 2025

Notes			2025
£
Fixed assets
Intangible assets	3		54,450
Tangible assets	4		252,608
			307,058

Current assets
Stocks		4,631
Debtors	5	11,875
Cash at bank and in hand		7,702
		24,208

Creditors: amounts falling due within one year	6	(448,252)

Net current (liabilities)/assets			(424,044)

Net (liabilities)/assets			(116,986)

Capital and reserves
Called up share capital			1
Profit and loss account			(116,987)

Shareholder's funds			(116,986)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Guy Alexander Temple
Director
Approved by the board on 27 July 2026

Shore Furse Ltd
Notes to the Accounts
for the period from 30 July 2024 to 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Amortisation is provided on all intangible assets on a straight-line basis to write off the cost, less any estimated residual value, over their estimated useful economic lives, as follows:

	Goodwill		10 years

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leashold Property		10 years
	Leasehold Improvements		12.5% straight line
	Plant & Machinery		20% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees				2025
Number

	Average number of persons employed by the company				17


3	Intangible fixed assets						£
	Goodwill:

	Cost
	Additions						60,500
	At 31 December 2025						60,500

	Amortisation
	Provided during the period						6,050
	At 31 December 2025						6,050

	Net book value
	At 31 December 2025						54,450

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant & Machinery	Leasehold Property		Leasehold Improvement		Total
£				£		£
	Cost
	Additions	9312	11,454		253,488		274,254
	At 31 December 2025	9,312	11,454		253,488		274,254

	Depreciation
	Charge for the period	1862	1,145		18,639		21,646
	At 31 December 2025	1,862	1,145		18,639		21,646

	Net book value
	At 31 December 2025	7,450	10,309		234,849		252,608


5	Debtors				2025
£

	Other debtors				11,875


6	Creditors: amounts falling due within one year				2025
£

	Trade creditors				28,313
	Taxation and social security costs				29,616
	Other creditors				390,323
					448,252

7	Other information

	Shore Furse Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	27 Kew Gardens Road
	Richmond
	England
	TW9 3HD