Company Registration No. 05334503 (England and Wales)
Shepley Limited
Unaudited accounts
for the year ended 31 March 2026
Shepley Limited
Unaudited accounts
Contents
Shepley Limited
Company Information
for the year ended 31 March 2026
Directors
Brenda Shepley
Jessica Shepley
Robert Shepley
Company Number
05334503 (England and Wales)
Registered Office
125 Coopers Gate
Banbury
Oxfordshire
OX16 2WD
England
Accountants
Link Accounting Limited
Bloxham Mill Business Centre
Barford Road
Bloxham
Oxfordshire
OX15 4FF
Shepley Limited
Statement of financial position
as at 31 March 2026
Tangible assets
18,722
20,757
Cash at bank and in hand
85,341
103,459
Creditors: amounts falling due within one year
(52,332)
(72,401)
Net current assets
48,629
53,387
Total assets less current liabilities
67,351
74,144
Provisions for liabilities
Deferred tax
(4,681)
(5,189)
Called up share capital
99
99
Profit and loss account
62,571
68,856
Shareholders' funds
62,670
68,955
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2026 and were signed on its behalf by
Robert Shepley
Director
Company Registration No. 05334503
Shepley Limited
Notes to the Accounts
for the year ended 31 March 2026
Shepley Limited is a private company, limited by shares, registered in England and Wales, registration number 05334503. The registered office is 125 Coopers Gate, Banbury, Oxfordshire, OX16 2WD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on net book value
Motor vehicles
25% on net book value
Fixtures & fittings
25% on net book value
Computer equipment
33% on cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Shepley Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2025
12,690
47,567
2,635
15,004
77,896
Additions
1,668
560
-
2,054
4,282
Disposals
-
(4,500)
-
-
(4,500)
At 31 March 2026
14,358
43,627
2,635
17,058
77,678
At 1 April 2025
10,076
30,769
2,528
13,766
57,139
Charge for the year
693
4,277
27
1,159
6,156
On disposals
-
(4,339)
-
-
(4,339)
At 31 March 2026
10,769
30,707
2,555
14,925
58,956
At 31 March 2026
3,589
12,920
80
2,133
18,722
At 31 March 2025
2,614
16,798
107
1,238
20,757
Amounts falling due within one year
Trade debtors
9,531
15,277
Accrued income and prepayments
1,089
2,052
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
234
-
Trade creditors
14,880
32,110
Taxes and social security
22,054
26,430
Loans from directors
3,669
3,045
7
Average number of employees
During the year the average number of employees was 4 (2025: 4).