REGISTERED NUMBER: 08197162 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Shaggy Sheep Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C J Snarski

REGISTERED OFFICE:

Llysderi

Penrhiwllan

Llandysul

Carmarthenshire

SA44 5NH

REGISTERED NUMBER:

08197162 (England and Wales)

ACCOUNTANTS:

Charles Carmarthen

14 Barn Road

Carmarthen

Carmarthenshire

SA31 1DD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,658

2,954

2,658

2,954

CURRENT ASSETS

Debtors

6

768

591

Cash at bank

15,480

15,272

16,248

15,863

CREDITORS

Amounts falling due within one year

7

10,698

18,719

NET CURRENT ASSETS/(LIABILITIES)

5,550

(2,856

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,208

98

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

8,206

96

SHAREHOLDERS' FUNDS

8,208

98

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 September 2026 and were signed by:

C J Snarski - Director

1.	STATUTORY INFORMATION

Shaggy Sheep Ltd 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of eight years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

at variable rates on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

103,000

AMORTISATION

At 1 January 2025

and 31 December 2025

103,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

7,087

DEPRECIATION

At 1 January 2025

4,133

Charge for year

296

At 31 December 2025

4,429

NET BOOK VALUE

At 31 December 2025

2,658

At 31 December 2024

2,954

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

768

591

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,357

1,164

Taxation and social security

1,972

814

Other creditors

7,369

16,741

10,698

18,719

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

C J Snarski

Balance outstanding at start of year

16,741

1,741

Amounts advanced

-

15,000

Amounts repaid

(9,372

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,369

16,741

9.	ULTIMATE CONTROLLING PARTY

The controlling party is C J Snarski.