Shail Eric Limited

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

Registered number: 11075005

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		20,611		24,180

			20,611		24,180
CURRENT ASSETS
Stocks	5	11,771		9,985
Debtors	6	6,800		8,618
Cash at bank and in hand		46,091		51,741

		64,662		70,344
Creditors: Amounts Falling Due Within One Year	7	(81,772 )		(84,968 )

NET CURRENT ASSETS (LIABILITIES)			(17,110 )		(14,624 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,501		9,556

Creditors: Amounts Falling Due After More Than One Year	8		-		(5,886 )

NET ASSETS			3,501		3,670

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			3,499		3,668

SHAREHOLDERS' FUNDS			3,501		3,670

Page 1

Page 2

Shail Eric Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 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 Harald Bret

Director

29 August 2026

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

1. General Information

Shail Eric Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11075005 . The registered office is 2 Saville Row, Bath, BA1 2QP.

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 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.

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:

Leasehold	Over the term of the 20 year lease
Plant & Machinery	25% Reducing balance
Fixtures & Fittings	25% Reducing balance
Computer Equipment	25% Reducing balance

2.4. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	2
Sales, marketing and distribution	13	13

	15	15

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Shail Eric Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 December 2024	5,513	24,778	17,212	565	48,068
Additions	-	2,845	882	75	3,802
Disposals	-	(2,358 )	(1,266 )	-	(3,624 )

As at 30 November 2025	5,513	25,265	16,828	640	48,246

Depreciation
As at 1 December 2024	1,654	13,499	8,545	190	23,888
Provided during the period	276	2,985	2,189	113	5,563
Disposals	-	(1,344 )	(472 )	-	(1,816 )

As at 30 November 2025	1,930	15,140	10,262	303	27,635

Net Book Value
As at 30 November 2025	3,583	10,125	6,566	337	20,611

As at 1 December 2024	3,859	11,279	8,667	375	24,180

5. Stocks

	2025	2024
	£	£
Stocks	11,771	9,985

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	70	1,570
Prepayments and accrued income	2,797	2,515
Other Debtors	600	1,200

	3,467	5,285
Due after more than one year
Deposits	3,333	3,333

	6,800	8,618

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Shail Eric Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	13,130	11,618
Bank loans and overdrafts	6,168	10,648
Corporation tax	831	229
PAYE & NI	7,110	5,580
VAT	18,899	18,172
Net Payroll	5,027	6,427
Voucher Deferred Income	479	-
Accruals	9,089	11,262
Directors' loan accounts	21,039	21,032

	81,772	84,968

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

	2025	2024
	£	£
Bank loans	-	5,886

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Controlling Party

Control of the company is held equally by Mr Harald Bret and Mr David Power by virtue of their ownership of 50% each of the issued share capital.