G.E. SHENTON & CO LTD - Filleted accounts

G.E. SHENTON & CO LTD
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		-			-
Tangible assets	4		4,439			3,374

			4,439			3,374
Current assets
Debtors	5	50,185			51,993
Cash at bank and in hand		94,927			72,217

		145,112			124,210
Creditors: amounts falling due within one year	6	(81,818)			(73,270)

Net current assets			63,294			50,940

Total assets less current liabilities			67,733			54,314

Creditors: amounts falling due after one year	7		-			(2,666)

Provisions for liabilities			(34,970)			(34,970)

Net assets			32,763			16,678

Capital and reserves
Called up share capital			100			100
Profit and loss account			32,663			16,578

Shareholder's funds			32,763			16,678

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

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

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



MR. D.L. AUSTIN
Director
Approved by the board on 27 March 2026

G.E. SHENTON & CO LTD
Notes to the Accounts
for the year ended 31 January 2026



1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Fixtures, fittings and equipment	15% reducing balance basis

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.




	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		4		4


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 February 2025				38,000
	At 31 January 2026				38,000

	Amortisation
	At 1 February 2025				38,000

	At 31 January 2026				38,000

	Net book value

	At 31 January 2026				-
	At 31 January 2025				-

	Goodwill is written off.


4	Tangible fixed assets
					Fixtures, fittings and equipment
£
	Cost
	At 1 February 2025				10,313
	Additions				1,849
	At 31 January 2026				12,162

	Depreciation
	At 1 February 2025				6,939
	Charge for the year				784
	At 31 January 2026				7,723

	Net book value

	At 31 January 2026				4,439
	At 31 January 2025				3,374


5	Debtors		2026		2025
£				£

	Trade debtors		48,428		50,201
	Other debtors		1,757		1,792
			50,185		51,993


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loan account (unsecured)		2,666		8,000
	Trade creditors		2,166		1,819
	Taxes and social security costs		27,293		24,072
	Other creditors		49,693		39,379
			81,818		73,270






7	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loan account (unsecured)		-		2,666


8	Controlling party
	The sole director of the company at the Balance Sheet date is also the controlling party.


9	Other information
	G.E. SHENTON & CO LTD is a private company limited by shares and incorporated in England (Company Number 10591873). Its registered office is St. Paul's House, North Street, Newcastle-under-Lyme, Staffordshire, ST5 1AZ.