REGISTERED NUMBER: 06970962 (England and Wales)

SHELT HILL FARM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Tomkinson

Mr I Gleave

SECRETARY:

Mr P Tomkinson

REGISTERED OFFICE:

85 Longdale Lane

Ravenshead

Nottingham

NG15 9AG

REGISTERED NUMBER:

06970962 (England and Wales)

ACCOUNTANTS:

Duncan and Toplis Limited

Pinnacle House

1 Pinnacle Way

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Tangible assets

4

647,629

651,966

Investment property

5

659,000

659,000

1,306,629

1,310,966

CURRENT ASSETS

Debtors

6

64,243

3,226

Cash at bank

240,298

270,125

304,541

273,351

CREDITORS

Amounts falling due within one year

7

16,267

12,990

NET CURRENT ASSETS

288,274

260,361

TOTAL ASSETS LESS CURRENT LIABILITIES

1,594,903

1,571,327

PROVISIONS FOR LIABILITIES

33,708

34,511

NET ASSETS

1,561,195

1,536,816

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Non distributable reserve

131,238

131,238

Retained earnings

1,428,957

1,404,578

SHAREHOLDERS' FUNDS

1,561,195

1,536,816

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

Mr P Tomkinson - Director

Mr I Gleave - Director

1.	STATUTORY INFORMATION

Shelt Hill Farm Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and Buildings

-

no depreciation charged

Plant and machinery

-

25% on reducing balance

Computer equipment

-

30% on reducing balance

Investment property

Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in the market value is recognised in the profit and loss.

A transfer is made from retained earnings to the non-distributable reserve for the amount of any market value surplus or deficit net of deferred tax provided.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

Plant and

Computer

Buildings

machinery

equipment

Totals

£

£

£

£

COST

At 1 December 2024

631,740

50,380

-

682,120

Additions

-

-

1,027

1,027

At 30 November 2025

631,740

50,380

1,027

683,147

DEPRECIATION

At 1 December 2024

-

30,154

-

30,154

Charge for year

-

5,056

308

5,364

At 30 November 2025

-

35,210

308

35,518

NET BOOK VALUE

At 30 November 2025

631,740

15,170

719

647,629

At 30 November 2024

631,740

20,226

-

651,966

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

659,000

NET BOOK VALUE

At 30 November 2025

659,000

At 30 November 2024

659,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2025

659,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

496,978

496,978

The investment property was valued on an open market basis on 30 November 2025 by the directors of the company .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

756

Directors' current accounts

61,516

-

Prepayments

2,727

2,470

64,243

3,226

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,446

1,963

Tax

13,576

9,775

Directors' current accounts

-

76

Accruals and deferred income

1,245

1,176

16,267

12,990

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

1

1,000

1,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

Mr I Gleave

Balance outstanding at start of year

(38

)

(38

)

Amounts advanced

30,610

10,000

Amounts repaid

-

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,572

(38

)

Mr P Tomkinson

Balance outstanding at start of year

(38

)

(38

)

Amounts advanced

54,982

-

Amounts repaid

(24,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

30,944

(38

)

Interest was charged on the overdrawn directors loan accounts at the HMRC rates of 2.25% up until 5th April 2025 and 3.75% thereafter.

The loan accounts were cleared within 9 months of the year end.