SHILLINGLAW ASSOCIATES LIMITED


Directors	Julia Margaret Douglas
	Peter Spowart Douglas


Company Secretary	Julia Margaret Douglas


Registered Address	8 Millcraig Mews
	Winchburgh
	Broxburn
	EH52 6WG


Registered Number	SC597743 (Scotland)

Balance Sheet as at
31 May 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		-		4,255
			-		4,255
Current assets
Debtors	4	70		12,034
Cash at bank and on hand		24,282		37,599
		24,352		49,633
Creditors amounts falling due within one year	5	(24,342)		(52,572)
Net current assets (liabilities)			10		(2,939)
Total assets less current liabilities			10		1,316
Provisions for liabilities			-		(808)
Net assets			10		508
Capital and reserves
Called up share capital			10		10
Profit and loss account			-		498
Shareholders' funds			10		508

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 24 August 2026, and are signed on its behalf by:

Peter Spowart Douglas
Director
Registered Company No. SC597743

SHILLINGLAW ASSOCIATES LIMITED

Notes to the Financial Statements
for the year ended 31 May 2026

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.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	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:


		Straight line (years)
	Fixtures and fittings	3
	Office Equipment	3

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 June 25	625	13,606	14,231
Disposals	(625)	(13,606)	(14,231)
Depreciation and impairment
At 01 June 25	525	9,451	9,976
Charge for year	48	3,113	3,161
On disposals	(573)	(12,564)	(13,137)
Net book value
At 31 May 26	-	-	-
At 31 May 25	100	4,155	4,255

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	-	10,560
Other debtors	43	25
Prepayments and accrued income	27	1,449
Total	70	12,034

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Taxation and social security	7,645	16,897
Other creditors	16,086	35,218
Accrued liabilities and deferred income	611	457
Total	24,342	52,572