Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-312023-05-312022-06-01falseCoffee shop55truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11388433 2022-06-01 2023-05-31 11388433 2021-06-01 2022-05-31 11388433 2023-05-31 11388433 2022-05-31 11388433 c:Director1 2022-06-01 2023-05-31 11388433 c:RegisteredOffice 2022-06-01 2023-05-31 11388433 d:FurnitureFittings 2022-06-01 2023-05-31 11388433 d:FurnitureFittings 2023-05-31 11388433 d:FurnitureFittings 2022-05-31 11388433 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 11388433 d:OfficeEquipment 2022-06-01 2023-05-31 11388433 d:OfficeEquipment 2023-05-31 11388433 d:OfficeEquipment 2022-05-31 11388433 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 11388433 d:OtherPropertyPlantEquipment 2022-06-01 2023-05-31 11388433 d:OtherPropertyPlantEquipment 2023-05-31 11388433 d:OtherPropertyPlantEquipment 2022-05-31 11388433 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 11388433 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 11388433 d:CurrentFinancialInstruments 2023-05-31 11388433 d:CurrentFinancialInstruments 2022-05-31 11388433 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11388433 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 11388433 d:ShareCapital 2023-05-31 11388433 d:ShareCapital 2022-05-31 11388433 d:RetainedEarningsAccumulatedLosses 2023-05-31 11388433 d:RetainedEarningsAccumulatedLosses 2022-05-31 11388433 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-05-31 11388433 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-05-31 11388433 c:OrdinaryShareClass1 2022-06-01 2023-05-31 11388433 c:OrdinaryShareClass1 2023-05-31 11388433 c:OrdinaryShareClass1 2022-05-31 11388433 c:FRS102 2022-06-01 2023-05-31 11388433 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 11388433 c:FullAccounts 2022-06-01 2023-05-31 11388433 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 11388433 d:WithinOneYear 2023-05-31 11388433 d:WithinOneYear 2022-05-31 11388433 2 2022-06-01 2023-05-31 11388433 e:PoundSterling 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11388433









SHOT SPACE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
SHOT SPACE LIMITED
 
 
COMPANY INFORMATION


Director
M L M De Haan 




Registered number
11388433



Registered office
Eighth Floor
6 New Street Square

New Fetter Lane

London

EC4A 3AQ




Accountants
Rawlinson & Hunter LLP

Eighth Floor

6 New Street Square

New Fetter Lane

London

EC4A 3AQ





 
SHOT SPACE LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 7

 
SHOT SPACE LIMITED
REGISTERED NUMBER: 11388433

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
33,348
39,045

  
33,348
39,045

Current assets
  

Debtors: amounts falling due within one year
 5 
927
670

Cash at bank and in hand
 6 
8,281
10,138

  
9,208
10,808

Creditors: amounts falling due within one year
 7 
(238,559)
(195,104)

Net current liabilities
  
 
 
(229,351)
 
 
(184,296)

Total assets less current liabilities
  
(196,003)
(145,251)

  

Net liabilities
  
(196,003)
(145,251)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(196,103)
(145,351)

  
(196,003)
(145,251)

Page 1

 
SHOT SPACE LIMITED
REGISTERED NUMBER: 11388433
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M L M De Haan
Director

Date: 22 February 2024

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
SHOT SPACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Shot Space Limited is a private company, limited by shares, incorporated in England and Wales with registration number 11388433. The registered office is Eighth Floor, 6 New Street Square, New Fetter Lane, London, EC4A 3AQ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes the continued financial support of the director, who has provided confirmation of her intention to provide such financial support as is necessary for the company to continue its operations for the foreseeable future and at least 12 months from the date of signing of the financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
SHOT SPACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
straight line
Office equipment
-
25%
straight line
Building Improvements
-
10%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
SHOT SPACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 5).


4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Other fixed assets
Total

£
£
£
£



Cost or valuation


At 1 June 2022
13,697
6,145
35,073
54,915


Additions
282
900
2,294
3,476


Disposals
-
(1,065)
-
(1,065)



At 31 May 2023

13,979
5,980
37,367
57,326



Depreciation


At 1 June 2022
6,413
2,881
6,576
15,870


Charge for the year on owned assets
3,471
1,438
3,698
8,607


Disposals
-
(499)
-
(499)



At 31 May 2023

9,884
3,820
10,274
23,978



Net book value



At 31 May 2023
4,095
2,160
27,093
33,348



At 31 May 2022
7,284
3,264
28,497
39,045



Page 5

 
SHOT SPACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
927
670

927
670



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
8,281
10,138



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,475
1,258

Other taxation and social security
211
156

Other creditors
229,393
186,310

Accruals and deferred income
6,480
7,380

238,559
195,104



8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
8,281
10,138




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 6

 
SHOT SPACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100



10.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund. Contributions totalling £NIL (2022 - £86) were payable to the fund at the balance sheet date.


11.


Commitments under operating leases

At 31 May 2023 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
667
667

667
667

 
Page 7