SHAWN LTD

Company Registration Number:
05319148 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

SHAWN LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Additional notes
Balance sheet notes

SHAWN LTD

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 16,881 22,195
Total fixed assets: 16,881 22,195
Current assets
Stocks: 4 51,500 42,140
Debtors: 5 843,373 439,598
Cash at bank and in hand: 7,500 396,633
Total current assets: 902,373 878,371
Creditors: amounts falling due within one year: 6 ( 149,975 ) ( 237,263 )
Net current assets (liabilities): 752,398 641,108
Total assets less current liabilities: 769,279 663,303
Total net assets (liabilities): 769,279 663,303
Capital and reserves
Called up share capital: 150 150
Profit and loss account: 769,129 663,153
Total Shareholders' funds: 769,279 663,303

The notes form part of these financial statements

SHAWN LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 September 2023
and signed on behalf of the board by:

Name: Salman Rahim
Status: Director

The notes form part of these financial statements

SHAWN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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 policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 25% on reducing balance and 20% on reducing balance.

SHAWN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 11 14

SHAWN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 103,638 103,638
Additions
Disposals
Revaluations
Transfers
At 31 December 2022 103,638 103,638
Depreciation
At 1 January 2022 81,443 81,443
Charge for year 5,314 5,314
On disposals
Other adjustments
At 31 December 2022 86,757 86,757
Net book value
At 31 December 2022 16,881 16,881
At 31 December 2021 22,195 22,195

SHAWN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Stocks

2022 2021
£ £
Stocks 51,500 42,140
Total 51,500 42,140

SHAWN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 2021
£ £
Other debtors 843,373 439,598
Total 843,373 439,598

SHAWN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 68,180 150,052
Taxation and social security 36,063 40,221
Other creditors 45,732 46,990
Total 149,975 237,263