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Company Registration No. 06353258 (England and Wales)
SHOTOPOP LIMITED Unaudited accounts for the year ended 31 August 2023
SHOTOPOP LIMITED Unaudited accounts Contents
Page
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SHOTOPOP LIMITED Company Information for the year ended 31 August 2023
Directors
Carin Standford Casper Franken
Company Number
06353258 (England and Wales)
Registered Office
Denmark House 143 High Street Chalfont St Peter Bucks SL9 9QL United Kingdom
Accountants
Lane Accounting Limited Denmark House 143 High Street Chalfont St Peter Buckinghamshire SL9 9QL
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SHOTOPOP LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
460,861 
451,927 
Current assets
Debtors
493,655 
598,650 
Cash at bank and in hand
1,427,320 
1,155,821 
1,920,975 
1,754,471 
Creditors: amounts falling due within one year
(143,554)
(151,612)
Net current assets
1,777,421 
1,602,859 
Total assets less current liabilities
2,238,282 
2,054,786 
Creditors: amounts falling due after more than one year
(316,697)
(316,697)
Net assets
1,921,585 
1,738,089 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,921,583 
1,738,087 
Shareholders' funds
1,921,585 
1,738,089 
For the year ending 31 August 2023 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 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 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 of Directors and authorised for issue on 26 September 2023 and were signed on its behalf by
Casper Franken Director Company Registration No. 06353258
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SHOTOPOP LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
SHOTOPOP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06353258. The registered office is Denmark House, 143 High Street, Chalfont St Peter, Bucks, SL9 9QL, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% per annum reducing balance
Computer equipment
33% per annum of cost
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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SHOTOPOP LIMITED Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
438,200 
29,410 
23,767 
491,377 
Additions
- 
4,045 
13,998 
18,043 
Disposals
- 
- 
(11,884)
(11,884)
At 31 August 2023
438,200 
33,455 
25,881 
497,536 
Depreciation
At 1 September 2022
- 
15,684 
23,766 
39,450 
Charge for the year
- 
4,443 
4,666 
9,109 
On disposals
- 
- 
(11,884)
(11,884)
At 31 August 2023
- 
20,127 
16,548 
36,675 
Net book value
At 31 August 2023
438,200 
13,328 
9,333 
460,861 
At 31 August 2022
438,200 
13,726 
1 
451,927 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
174 
- 
Trade debtors
169,671 
288,671 
Accrued income and prepayments
5,522 
4,249 
Other debtors
318,288 
305,730 
493,655 
598,650 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
19,470 
Trade creditors
7,653 
24,837 
Taxes and social security
96,334 
79,833 
Other creditors
1,967 
1,445 
Loans from directors
35,985 
24,262 
Accruals
1,615 
1,765 
143,554 
151,612 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
316,697 
316,697 
In January 2019 the company took out a £316,697 mortgage to purchase 170a Lower Clapton Road. This is an interest only mortgage secured against the value of the property. The loan matures in 2044.
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SHOTOPOP LIMITED Notes to the Accounts for the year ended 31 August 2023
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 A Ordinary shares of £1 each
1 
1 
1 B Ordinary shares of £1 each
1 
1 
2 
2 
9
Loans to directors
At 31 August 2023, the directors were owed £35,983 (2022 - £24,262) by the company. This is an interest bearing loan repayable on demand. During the year the directors charged £1,213 interest to the company.
10
Transactions with related parties
In 2021 the Company lent Shotohouse Limited £301,680. This loan is still in place. Both companies have the same directors and shareholders.
11
Average number of employees
During the year the average number of employees was 11 (2022: 10).
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