Shield Property Services Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—6

Registered number: 02585397

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,097		18,224
Investment Properties	5		8,264,044		7,846,977

			8,274,141		7,865,201
CURRENT ASSETS
Debtors	6	2,154,203		2,555,966
Cash at bank and in hand		305,322		332,544

		2,459,525		2,888,510
Creditors: Amounts Falling Due Within One Year		(587,019 )		(636,574 )

NET CURRENT ASSETS (LIABILITIES)			1,872,506		2,251,936

TOTAL ASSETS LESS CURRENT LIABILITIES			10,146,647		10,117,137

Creditors: Amounts Falling Due After More Than One Year	7		(2,852,838 )		(2,852,838 )

PROVISIONS FOR LIABILITIES
Provisions For Charges			(10,000 )		(10,000 )
Deferred Taxation			(717,590 )		(717,590 )

NET ASSETS			6,566,219		6,536,709

CAPITAL AND RESERVES
Called up share capital	10		100		100
Revaluation reserve			3,776,790		3,776,790
Profit and Loss Account			2,789,329		2,759,819

SHAREHOLDERS' FUNDS			6,566,219		6,536,709

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Shield Property Services Limited

Abridged Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Elias Zakaria

Director

28 September 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Shield Property Services Limited Registered number 02585397 is a limited by shares company incorporated in England & Wales. The Registered Office is 26 Station Road, Watford, Herts, WD17 1JU.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Freehold	not depreciated
Leasehold	not depreciated
Plant & Machinery	25% reducing balance basis
Motor Vehicles	15% straight line basis
Fixtures & Fittings	25% reducing balance basis

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

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Shield Property Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

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

	2026	2025
Office and administration	4	4
Sales, marketing and distribution	2	2

	6	6

4. Tangible Assets

	Total
	£
Cost or Valuation
As at 1 April 2025	63,361
Disposals	(470 )

As at 31 March 2026	62,891

Depreciation
As at 1 April 2025	45,137
Provided during the period	8,127
Disposals	(470 )

As at 31 March 2026	52,794

Net Book Value
As at 31 March 2026	10,097

As at 1 April 2025	18,224

5. Investment Property

	2026
	£
Fair Value
As at 1 April 2025	7,846,977
Additions	417,067

As at 31 March 2026	8,264,044

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Shield Property Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

The above include long leasehold and freehold investment properties. These were last revalued at open market valuation on 31/03/18 by the director, Mr. E H Zakaria who relied upon his local knowledge and on the informal opinion of the other agents.

The property is stated at fair value in accordance with Section 16 of FRS 102. The historical cost of the property at the balance sheet date was £4,487,254.The fair value of the property at 31 March 2026 was £8,264,044. The difference between fair value and historical cost at that date was £3,776,790.

6. Debtors

	2026	2025
	£	£
Due after more than one year
Other debtors	1,709	3,792
Amounts owed by associates	1,997,548	2,352,946

	1,999,257	2,356,738

7. Creditors: amounts falling due after five years

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2026		2025
	£		£
Bank loans	2,852,838		2,852,838

8. Secured Creditors

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Bank loans and overdrafts	2,852,838		2,852,838

9. Loans

An analysis of the maturity of loans is given below:

	2026	2025
	£	£
Amounts falling due after more than five years:
Bank loans	2,852,838	2,852,838

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Shield Property Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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