2022-05-012023-04-302023-04-30false13332353Shutter Speed 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Shutter Speed Ltd

Registered Number
13332353
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2023

Shutter Speed Ltd
Company Information
for the year from 1 May 2022 to 30 April 2023

Director

MERRILLS, James

Registered Address

2a Springfield Crescent
Darfield
Barnsley
S73 9NJ

Registered Number

13332353 (England and Wales)
Shutter Speed Ltd
Balance Sheet as at
30 April 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors4,1001,173
Cash at bank and on hand6,7941
10,8941,174
Creditors amounts falling due within one year5(3,093)(2,147)
Net current assets (liabilities)7,801(973)
Total assets less current liabilities7,801(973)
Creditors amounts falling due after one year(10,000)-
Net assets(2,199)(973)
Capital and reserves
Profit and loss account(2,199)(973)
Shareholders' funds(2,199)(973)
The financial statements were approved and authorised for issue by the Director on 1 February 2024, and are signed on its behalf by:
MERRILLS, James
Director
Registered Company No. 13332353
Shutter Speed Ltd
Notes to the Financial Statements
for the year ended 30 April 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year10
5.Creditors within one year

2023

2022

££
Trade creditors / trade payables899-
Taxation and social security2,194245
Other creditors-1,902
Total3,0932,147
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.