Shoo Social Media Limited Filleted Accounts Cover
Shoo Social Media Limited
Company No. 09128796
Information for Filing with The Registrar
31 July 2023
Shoo Social Media Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 July 2023.
Principal activities
The principal activity of the company during the year under review was marketing agency.
Directors
The Directors who served at any time during the year were as follows:
R.R. Hatfield
C.C. Morris
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
R.R. Hatfield
Director
02 April 2024
Shoo Social Media Limited Balance Sheet Registrar
at
31 July 2023
Company No.
09128796
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
1,9463,916
1,9463,916
Current assets
Debtors
5
41,51434,317
Cash at bank and in hand
-5,878
41,51440,195
Creditors: Amount falling due within one year
6
(15,285)
(18,167)
Net current assets
26,22922,028
Total assets less current liabilities
28,17525,944
Creditors: Amounts falling due after more than one year
7
(40,295)
(31,800)
Net liabilities
(12,120)
(5,856)
Capital and reserves
Called up share capital
200200
Profit and loss account
9
(12,320)
(6,056)
Total equity
(12,120)
(5,856)
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 July 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 02 April 2024
And signed on its behalf by:
R.R. Hatfield
Director
02 April 2024
Shoo Social Media Limited Notes to the Accounts Registrar
for the year ended 31 July 2023
1
General information
Its registered number is: 09128796
Its registered office is:
137 Bolling Road
Ilkley
West Yorkshire
LS29 8PN
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
Going concern
There is a net deficiency of assets as at the balance sheet date of £12,120 (2022 - £5,856), however, the directors have confirmed continued support and considers the company retains sufficient working capital to continue trading. The support will be reviewed 112 months from the date of these financial statements.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• 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 economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
33% straight line
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other 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.
Defined contribution pensions
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 payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
45
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 August 2022
8,2778,277
Additions
348348
At 31 July 2023
8,6258,625
Depreciation
At 1 August 2022
4,3614,361
Charge for the year
2,3182,318
At 31 July 2023
6,6796,679
Net book values
At 31 July 2023
1,9461,946
At 31 July 2022
3,916
3,916
5
Debtors
2023
2022
£
£
Trade debtors
5,0102,460
Corporation tax recoverable
9,1811,438
Loans to directors
27,20330,004
Prepayments and accrued income
120415
41,51434,317
6
Creditors:
amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
2,07610,648
Trade creditors
815456
Taxes and social security
10,281
5,175
Other creditors
94160
Accruals and deferred income
2,0191,728
15,28518,167
7
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
40,29531,800
40,29531,800
8
Share Capital
51 Ordinary A Shares and 49 Ordinary B Shares allocated, called up and fully paid.
9
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
10
Guarantees and commitments
2023
2022
£
£
Pension commitments, included in above total
94160
Shoo Social Media Limited0912879631 July 202301 August 2022false02 April 2024BTCSoftware AP Solution 2023 10.4.2310.4.23true091287962022-08-012023-07-31091287962023-07-31091287962022-07-3109128796core:WithinOneYear2023-07-3109128796core:WithinOneYear2022-07-3109128796core:AfterOneYear2023-07-3109128796core:AfterOneYear2022-07-3109128796core:ShareCapital2023-07-3109128796core:ShareCapital2022-07-3109128796core:RetainedEarningsAccumulatedLosses2023-07-3109128796core:RetainedEarningsAccumulatedLosses2022-07-3109128796bus:RegisteredOffice2022-08-012023-07-3109128796core:FurnitureFittingsToolsEquipment2022-08-012023-07-31091287962021-08-012022-07-3109128796core:FurnitureFittingsToolsEquipment2022-08-01091287962022-08-0109128796core:FurnitureFittingsToolsEquipment2023-07-3109128796core:RetainedEarningsAccumulatedLosses2022-08-012023-07-3109128796core:Pensions2023-07-3109128796core:Pensions2022-07-3109128796bus:SmallEntities2022-08-012023-07-3109128796bus:FullAccounts2022-08-012023-07-3109128796bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3109128796bus:Director12022-08-012023-07-3109128796bus:PrivateLimitedCompanyLtd2022-08-012023-07-31iso4217:GBPxbrli:pure