SHIREHILL PROPERTIES LIMITED - Filleted accounts

Registered number

03212876

SHIREHILL PROPERTIES LIMITED

Filleted Accounts

30 June 2026

SHIREHILL PROPERTIES LIMITED
Registered number:		03212876
Balance Sheet
as at 30 June 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		135,000			135,000

Current assets
Debtors	4	844			672
Cash at bank and in hand		1,591			1,576
		2,435			2,248

Creditors: amounts falling due within one year	5	(3,355)			(3,811)

Net current liabilities			(920)			(1,563)

Total assets less current liabilities			134,080			133,437


Provisions for liabilities			(19,743)			(19,743)


Net assets			114,337			113,694

Capital and reserves
Called up share capital			100			100
Revaluation reserve	6		84,168			84,168
Profit and loss account			30,069			29,426

Shareholders' funds			114,337			113,694

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




D HOLDERNESS
Director
Approved by the board on 6 August 2026

SHIREHILL PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 June 2026


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.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	3		3


3	Tangible fixed assets
				Land and buildings
£
	Cost
	At 1 July 2025			135,000
	At 30 June 2026			135,000

	Depreciation
	At 30 June 2026			-

	Net book value
	At 30 June 2026			135,000
	At 30 June 2025			135,000


4	Debtors	2026		2025
£			£

	Trade debtors	273		273
	Other debtors	571		399
		844		672


5	Creditors: amounts falling due within one year	2026		2025
£			£

	Trade creditors	800		800
	Taxation and social security costs	1,676		1,636
	Other creditors	879		1,375
		3,355		3,811


6	Revaluation reserve	2026		2025
£			£

	At 1 July 2025	84,168		84,168

	At 30 June 2026	84,168		84,168


7	Other information

	SHIREHILL PROPERTIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	105 Redbrook Road
	Barnsley
	South Yorkshire
	S75 2RG