Company No: 10619293 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	11		985
Investment property	4	18,220,000		18,220,000
		18,220,011		18,220,985
Current assets
Debtors	5	119,598		96,887
Cash at bank and in hand		300,799		259,126
		420,397		356,013
Creditors: amounts falling due within one year	6	( 888,561)		( 192,948)
Net current (liabilities)/assets		(468,164)		163,065
Total assets less current liabilities		17,751,847		18,384,050
Creditors: amounts falling due after more than one year	7	0		( 792,378)
Provision for liabilities	8	( 291,253)		( 291,496)
Net assets		17,460,594		17,300,176
Capital and reserves
Called-up share capital		15,690,976		15,690,976
Fair value reserve		873,750		873,750
Profit and loss account		895,868		735,450
Total shareholders' funds		17,460,594		17,300,176

For the financial year ending 31 May 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of SH & GS Property Group Limited (registered number: 10619293) were approved and authorised for issue by the Board of Directors on 04 October 2026. They were signed on its behalf by:

Mr G M Swatton Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

SH & GS Property Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Arches, Amport, Andover, Hampshire, SP11 8BE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

The rentals on operating leases are credited to the profit and loss account on a straight line basis over the lease term.

Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date or at date when property is disposed. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities
Basic financial liabilities, including trade and creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 June 2025	6,275		6,275
At 31 May 2026	6,275		6,275
Accumulated depreciation
At 01 June 2025	5,290		5,290
Charge for the financial year	974		974
At 31 May 2026	6,264		6,264
Net book value
At 31 May 2026	11		11
At 31 May 2025	985		985

4. Investment property

	Investment property
	£
Valuation
As at 01 June 2025	18,220,000
As at 31 May 2026	18,220,000

5. Debtors

	2026		2025
	£		£
Trade debtors	107,187		86,105
Prepayments	12,411		10,782
	119,598		96,887

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	692,378		6,839
Accruals	6,360		6,240
Taxation and social security	188,464		175,529
Other creditors	1,359		4,340
	888,561		192,948

The bank loan is secured by way of fixed charges over various land and buildings held by the company.

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		792,378

The bank loan is secured by way of fixed charges over various land and buildings held by the company.

8. Provision for liabilities

	2026		2025
	£		£
Deferred tax	291,253		291,496