1 December 2020 false No description of principal activity Taxfiler 2022.8.3 11001125business:PrivateLimitedCompanyLtd2020-12-012021-11-30 110011252020-11-30 110011252020-12-012021-11-30 11001125business:AuditExempt-NoAccountantsReport2020-12-012021-11-30 11001125business:FullAccounts2020-12-012021-11-30 110011252021-11-30 11001125business:Director12020-12-012021-11-30 11001125business:RegisteredOffice2020-12-012021-11-30 110011252020-11-30 11001125core:WithinOneYear2021-11-30 11001125core:WithinOneYear2020-11-30 11001125core:AfterOneYear2021-11-30 11001125core:AfterOneYear2020-11-30 11001125core:ShareCapital2021-11-30 11001125core:ShareCapital2020-11-30 11001125core:RetainedEarningsAccumulatedLosses2021-11-30 11001125core:RetainedEarningsAccumulatedLosses2020-11-30 11001125business:SmallEntities2020-12-012021-11-30 11001125countries:EnglandWales2020-12-012021-11-30 11001125core:IntangibleAssetsOtherThanGoodwill2020-11-30 11001125core:IntangibleAssetsOtherThanGoodwill2021-11-30 11001125core:LandBuildings2020-11-30 11001125core:LandBuildings2021-11-30 110011252019-12-012020-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11001125 (England and Wales)
SHOP NOW LTD Unaudited accounts for the year ended 30 November 2021
SHOP NOW LTD Unaudited accounts Contents
Page
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SHOP NOW LTD Company Information for the year ended 30 November 2021
Director
Jasmeet Singh Malhotra
Company Number
11001125 (England and Wales)
Registered Office
6 QUORN WAY BINLEY COVENTRY CV3 2JU ENGLAND
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SHOP NOW LTD Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
52,225 
52,225 
Tangible assets
15,780 
15,780 
68,005 
68,005 
Current assets
Inventories
26,500 
30,000 
Cash at bank and in hand
3,802 
1,669 
30,302 
31,669 
Creditors: amounts falling due within one year
(40,041)
(39,966)
Net current liabilities
(9,739)
(8,297)
Total assets less current liabilities
58,266 
59,708 
Creditors: amounts falling due after more than one year
(45,018)
(50,000)
Net assets
13,248 
9,708 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
13,246 
9,706 
Shareholders' funds
13,248 
9,708 
For the year ending 30 November 2021 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 director acknowledges his 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 and authorised for issue on 27 August 2022 and were signed on its behalf by
Jasmeet Singh Malhotra Director Company Registration No. 11001125
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SHOP NOW LTD Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
SHOP NOW LTD is a private company, limited by shares, registered in England and Wales, registration number 11001125. The registered office is 6 QUORN WAY, BINLEY, COVENTRY, CV3 2JU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 December 2020
52,225 
At 30 November 2021
52,225 
Amortisation
At 1 December 2020
- 
At 30 November 2021
- 
Net book value
At 30 November 2021
52,225 
At 30 November 2020
52,225 
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SHOP NOW LTD Notes to the Accounts for the year ended 30 November 2021
5
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 December 2020
15,780 
At 30 November 2021
15,780 
Depreciation
At 30 November 2021
- 
Net book value
At 30 November 2021
15,780 
At 30 November 2020
15,780 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
(1,216)
(3,671)
Trade creditors
42,366 
39,014 
Taxes and social security
3,076 
2,183 
Proposed dividends
- 
2,000 
Other creditors
440 
440 
Loans from directors
(4,625)
- 
40,041 
39,966 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
45,018 
50,000 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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