SHR Excavations Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

SHR Excavations Ltd

Company Information

Director

S Rogerson

Registered office

Lloyds Bank House Bellingham Hexham Northumberland United Kingdom NE48 2AZ

SHR Excavations Ltd

(Registration number: 11887543)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	400,344	178,317
Current assets
Debtors	6	86,952	89,143
Cash at bank and in hand		677,511	116,125
		764,463	205,268
Creditors: Amounts falling due within one year	7	(294,565)	(111,068)
Net current assets		469,898	94,200
Total assets less current liabilities		870,242	272,517
Creditors: Amounts falling due after more than one year	7	(22,717)	(47,717)
Net assets		847,525	224,800
Capital and reserves
Called up share capital		100	100
Retained earnings		847,425	224,700
Shareholders' funds		847,525	224,800

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 September 2026
 

......................................... S Rogerson Director

SHR Excavations Ltd

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lloyds Bank House
Bellingham
Hexham
Northumberland
NE48 2AZ
United Kingdom

These financial statements were authorised for issue by the director on 28 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

SHR Excavations Ltd

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Land & buildings	5% - straight line basis
Plant & equipment	25% reducing balance basis
Office equipment	25% straight line basis
Motor vehicles	25% reducing balance basis

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

SHR Excavations Ltd

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	253,254	57,466

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	-	404,023	30,959	434,982
Additions	133,848	122,381	60,252	316,481
At 31 March 2026	133,848	526,404	91,211	751,463
Depreciation
At 1 April 2025	-	243,120	13,545	256,665
Charge for the year	6,692	68,345	19,417	94,454
At 31 March 2026	6,692	311,465	32,962	351,119
Carrying amount
At 31 March 2026	127,156	214,939	58,249	400,344
At 31 March 2025	-	160,903	17,414	178,317

Included within the net book value of land and buildings above is £127,156 (2025 - £Nil) in respect of freehold land and buildings.
 

6

Debtors

SHR Excavations Ltd

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

Current	2026 £	2025 £
Trade debtors	-	28,062
Prepayments	2,749	1,694
Other debtors	84,203	59,387
	86,952	89,143

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	25,000	25,000
Trade creditors		16,310	13,646
Taxation and social security		253,255	72,422
		294,565	111,068

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	22,717	47,717

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100

SHR Excavations Ltd

Notes to the Unaudited Financial Statements for the year ended 31 March 2026

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	22,717	47,717

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	25,000	25,000

10	Commitments

Other financial commitments

The total amount of other financial commitments not provided in the financial statements was £Nil (2025 - £Nil).

11	Related party transactions

Transactions with the director

2026	At 1 April 2025 £	Advances to director £	Repayments by director £	At 31 March 2026 £
	58,687	185,900	(220,000)	24,587

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
	(45,365)	179,052	(75,000)	58,687

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	12,570	12,570