Hertford Shelving Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03532669

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		19,268		8,027

			19,268		8,027
CURRENT ASSETS
Stocks	5	3,297		2,919
Debtors	6	92,685		68,240
Cash at bank and in hand		128		973

		96,110		72,132
Creditors: Amounts Falling Due Within One Year	7	(131,248 )		(114,627 )

NET CURRENT ASSETS (LIABILITIES)			(35,138 )		(42,495 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(15,870 )		(34,468 )

Creditors: Amounts Falling Due After More Than One Year	8		(2,092 )		-

NET LIABILITIES			(17,962 )		(34,468 )

CAPITAL AND RESERVES
Called up share capital	10		150		150
Profit and Loss Account			(18,112 )		(34,618 )

SHAREHOLDERS' FUNDS			(17,962)		(34,468)

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Hertford Shelving Limited

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

On behalf of the board

Mr Steven Lodge

Director

19/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Hertford Shelving Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03532669 . The registered office is 105 Courtyard Studios, Lakes Innovation Centre, Braintree, Essex, CM7 3AN.

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. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

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Hertford Shelving Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2025	583	21,390	21,973
Additions	-	16,500	16,500
Disposals	-	(11,990 )	(11,990 )

As at 31 March 2026	583	25,900	26,483

Depreciation
As at 1 April 2025	506	13,440	13,946
Provided during the period	19	4,340	4,359
Disposals	-	(11,090 )	(11,090 )

As at 31 March 2026	525	6,690	7,215

Net Book Value
As at 31 March 2026	58	19,210	19,268

As at 1 April 2025	77	7,950	8,027

5. Stocks

	2026	2025
	£	£
Stock	-	2,919
Finished goods	3,297	-

	3,297	2,919

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	90,615	46,584
Other debtors	2,070	21,656

	92,685	68,240

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	4,900	-
Trade creditors	93,607	71,456
Bank loans and overdrafts	10,221	22,801
Other creditors	6,688	12,981
Taxation and social security	15,832	7,389

	131,248	114,627

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Hertford Shelving Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	2,092	-

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,900	-
Later than one year and not later than five years	2,092	-

	6,992	-

	6,992	-

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	150	150

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Steven Lodge	6,538	-	6,538	-	-

The above loan is unsecured, interest free and repayable on demand.

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