Shaftfold Property Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01609899

Shaftfold Property Limited

Filleted Unaudited Financial Statements

31 January 2026

Shaftfold Property Limited

Statement of Financial Position

31 January 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	7	9

Current assets

Debtors	6	1,371	831
Cash at bank and in hand		8,967	10,209
		--------	--------
		10,338	11,040

Creditors: amounts falling due within one year	7	1,134	1,007
		--------	--------
Net current assets		9,204	10,033
		-------	--------
Total assets less current liabilities		9,211	10,042
		-------	--------
Net assets		9,211	10,042
		-------	--------

Capital and reserves

Called up share capital	10	10
General Reserve Fund	9,201	10,032
	-------	--------
Shareholders funds	9,211	10,042
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Shaftfold Property Limited

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 30 October 2026 , and are signed on behalf of the board by:

P M Mitchell

Director

Company registration number: 01609899

Shaftfold Property Limited

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 167-169, Great Portland Street, 5th Floor, London, W1W 5PF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4. Bank account

Service charge money was held in trust at Barclays Bank Plc under the title Shaftfold Property Limited .

5. Tangible assets

	Freehold property	Plant and machinery	Total
	£	£	£
Cost
At 1 February 2025 and 31 January 2026	1	422	423
	----	----	----
Depreciation
At 1 February 2025	–	414	414
Charge for the year	–	2	2
	----	----	----
At 31 January 2026	–	416	416
	----	----	----
Carrying amount
At 31 January 2026	1	6	7
	----	----	----
At 31 January 2025	1	8	9
	----	----	----

6. Debtors

	2026	2025
	£	£
Trade debtors	1,371	831
	-------	----

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Other creditors	1,134	1,007
	-------	-------

8. General reserve fund

£

As at 1 February 2025 10,032

Deficit for the period for residential lessees (831)

As at 31 January 2026 9,201

The General Fund has been established to meet the cost of large, non-regular repair and maintenance work which is expected to arise in the future on behalf of the residential lessees. The present level of this fund may prove insufficient given the uncertainty as to when such costs may arise.

Any shortfall in this fund resulting from expenditure incurred will be charged to the Income and Expenditure account in that year.

9. Summary of costs as required by section 21(5) landlord and

tenant act 1985.

a) Costs charged in the accounts in respect of which no demand for payment was received by the landlord within the service charge period but provision has been made amounted to £1,134.

b) Costs charged in the accounts in respect of which a demand for payment was so received but no payment was made by the landlord within the service charge period amounted to £Nil.

c) Costs charged in the accounts in respect of which a demand for payment was so received and payment was made by the landlord within the service charge period amounted to £7,713.

Total expenditure incurred within the period totals £8,847.