Company registration number 09208581 (England and Wales)
Shoe Bootique Ltd
Unaudited
financial statements
for the year ended 30 September 2023
PAGES FOR FILING WITH REGISTRAR
Shoe Bootique Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
Shoe Bootique Ltd
Statement of financial position
as at 30 September 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
27,624
10,291
Current assets
Stocks
172,420
153,032
Debtors
4
421
2,994
Cash at bank and in hand
56,135
54,997
228,976
211,023
Creditors: amounts falling due within one year
5
(79,677)
(56,045)
Net current assets
149,299
154,978
Total assets less current liabilities
176,923
165,269
Creditors: amounts falling due after more than one year
6
(10,000)
(16,000)
Provisions for liabilities
7
(4,679)
(1,955)
Net assets
162,244
147,314
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
162,144
147,214
Total equity
162,244
147,314

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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

Shoe Bootique Ltd
Statement of financial position (continued)
as at 30 September 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 1 November 2023 and are signed on its behalf by:
K Clarke
Director
Company Registration No. 09208581
Shoe Bootique Ltd
Notes to the financial statements
for the year ended 30 September 2023
- 3 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover represents the fair value of the consideration received for goods and services provided in the normal course of business, and is shown net of VAT.

 

Turnover is recognised on a cash basis.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
15% reducing balance
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Shoe Bootique Ltd
Notes to the financial statements (continued)
for the year ended 30 September 2023
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
5
5
3
Tangible fixed assets
Fixtures, fittings & equipment
£
Cost
At 1 October 2022
34,591
Additions
20,464
At 30 September 2023
55,055
Depreciation and impairment
At 1 October 2022
24,300
Depreciation charged in the year
3,131
At 30 September 2023
27,431
Carrying amount
At 30 September 2023
27,624
At 30 September 2022
10,291
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
-
0
2,863
Prepayments and accrued income
421
131
421
2,994
Shoe Bootique Ltd
Notes to the financial statements (continued)
for the year ended 30 September 2023
- 5 -
5
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
6,000
6,000
Trade creditors
28,877
33,095
Corporation tax
962
9,176
Other taxation and social security
4,366
7,233
Other creditors
35,716
541
Accruals and deferred income
3,756
-
0
79,677
56,045

 

6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans
10,000
16,000

The bank loan is secured.

7
Provisions for liabilities
2023
2022
£
£
Deferred tax liabilities
4,679
1,955
8
Company information

Shoe Bootique Ltd is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.

2023-09-302022-10-01false01 November 2023CCH SoftwareCCH Accounts Production 2023.300No description of principal activityK ClarkeJ Clarkefalse092085812022-10-012023-09-30092085812023-09-30092085812022-09-3009208581core:FurnitureFittings2023-09-3009208581core:FurnitureFittings2022-09-3009208581core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3009208581core:CurrentFinancialInstrumentscore:WithinOneYear2022-09-3009208581core:CurrentFinancialInstruments2023-09-3009208581core:CurrentFinancialInstruments2022-09-3009208581core:Non-currentFinancialInstruments2023-09-3009208581core:Non-currentFinancialInstruments2022-09-3009208581core:ShareCapital2023-09-3009208581core:ShareCapital2022-09-3009208581core:RetainedEarningsAccumulatedLosses2023-09-3009208581core:RetainedEarningsAccumulatedLosses2022-09-3009208581bus:Director12022-10-012023-09-3009208581core:FurnitureFittings2022-10-012023-09-30092085812021-10-012022-09-3009208581core:FurnitureFittings2022-09-3009208581bus:PrivateLimitedCompanyLtd2022-10-012023-09-3009208581bus:SmallCompaniesRegimeForAccounts2022-10-012023-09-3009208581bus:FRS1022022-10-012023-09-3009208581bus:AuditExemptWithAccountantsReport2022-10-012023-09-3009208581bus:Director22022-10-012023-09-3009208581bus:FullAccounts2022-10-012023-09-30xbrli:purexbrli:sharesiso4217:GBP