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REGISTERED NUMBER: 14084971 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 4 MAY 2022 TO 31 JULY 2023

FOR

SHINE RETREATS LIMITED

SHINE RETREATS LIMITED (REGISTERED NUMBER: 14084971)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 MAY 2022 TO 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SHINE RETREATS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 4 MAY 2022 TO 31 JULY 2023







DIRECTOR: Ms C A Octigan





REGISTERED OFFICE: Shine Holistic
52 Stoke Newington Church Street
London
N16 0NB





REGISTERED NUMBER: 14084971 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

SHINE RETREATS LIMITED (REGISTERED NUMBER: 14084971)

BALANCE SHEET
31 JULY 2023

Notes £    £   
FIXED ASSETS
Tangible assets 3 1,511

CURRENT ASSETS
Debtors 4 5,977
Cash at bank 3,088
9,065
CREDITORS
Amounts falling due within one year 5 13,894
NET CURRENT LIABILITIES (4,829 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,318 )

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (3,319 )
(3,318 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 February 2024 and were signed by:





Ms C A Octigan - Director


SHINE RETREATS LIMITED (REGISTERED NUMBER: 14084971)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 4 MAY 2022 TO 31 JULY 2023

1. 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.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

Turnover

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

3. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 2,255
At 31 July 2023 2,255
DEPRECIATION
Charge for period 744
At 31 July 2023 744
NET BOOK VALUE
At 31 July 2023 1,511

SHINE RETREATS LIMITED (REGISTERED NUMBER: 14084971)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4 MAY 2022 TO 31 JULY 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 5,976
Directors' loan accounts 1
5,977

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to associates 3,275
Deferred income 8,740
Accrued expenses 1,879
13,894

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 July 2023:

£   
Ms C A Octigan
Balance outstanding at start of period -
Amounts advanced 1
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 1

This balance represented the maximum amount outstanding during the period and the loan is interest free and repayable on demand.

7. RELATED PARTY DISCLOSURES

Shine Holistic Limited
As at 31 July 2023, the company owed Shine Holistic Limited £3,275. The balance is interest free and repayable on demand.

Ms C A Octigan holds 100% of shares in Shine Holistic Limited and is the director.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms C A Octigan.

This was by virtue of her 100% holding of the issued share capital.

9. ACCOUNTING BASIS

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the period the company made a loss of £3,319 , and as at the year end the current liabilities exceeded current assets by £4,829.

The validity of this basis depends upon the continued support of the company's director. The director confirms that she will give the required support.