REGISTERED NUMBER: SC345064 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 June 2026

for

Shepherd Project Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr D W Shepherd

REGISTERED OFFICE:

6 Woodcroft Avenue

Bridge Of Don

Aberdeen

AB22 8WY

REGISTERED NUMBER:

SC345064 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

2,811

3,514

Investment property

5

382,630

382,630

385,441

386,144

CURRENT ASSETS

Cash at bank

106,296

107,527

CREDITORS

Amounts falling due within one year

6

1,681

2,473

NET CURRENT ASSETS

104,615

105,054

TOTAL ASSETS LESS CURRENT LIABILITIES

490,056

491,198

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

7

(43,260

)

(43,260

)

Retained earnings

532,316

533,458

490,056

491,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2026 and were signed by:

Mr D W Shepherd - Director

1.	STATUTORY INFORMATION

Shepherd Project Engineering Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in nature, location or condition of the specific asset. Changes in fair value are recognised in the income statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2025

and 30 June 2026

12,164

599

12,763

DEPRECIATION

At 1 July 2025

8,650

599

9,249

Charge for year

703

-

703

At 30 June 2026

9,353

599

9,952

NET BOOK VALUE

At 30 June 2026

2,811

-

2,811

At 30 June 2025

3,514

-

3,514

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2025

and 30 June 2026

382,630

NET BOOK VALUE

At 30 June 2026

382,630

At 30 June 2025

382,630

The director has assessed the property market and historical cost price of the investment property in determining a fair value.

There has been no valuation of investment property by an independent valuer.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Taxation and social security

-

459

Other creditors

1,681

2,014

1,681

2,473

7.

RESERVES

Fair

value

reserve

£

At 1 July 2025

and 30 June 2026

(43,260

)

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D W Shepherd.