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REGISTERED NUMBER: 10222551 (England and Wales)















Unaudited Financial Statements

for the Period 1 November 2022 to 31 December 2023

for

Shorten Ltd

Shorten Ltd (Registered number: 10222551)






Contents of the Financial Statements
for the Period 1 November 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shorten Ltd

Company Information
for the Period 1 November 2022 to 31 December 2023







DIRECTOR: A Shorten





REGISTERED OFFICE: 17 City North Place
London
N4 3FU





REGISTERED NUMBER: 10222551 (England and Wales)






Shorten Ltd (Registered number: 10222551)

Balance Sheet
31 December 2023

31.12.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 18,172 24,229
18,172 24,229

CURRENT ASSETS
Debtors 6 258,196 254,153

CREDITORS
Amounts falling due within one year 7 248,261 236,925
NET CURRENT ASSETS 9,935 17,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,107

41,457

CREDITORS
Amounts falling due after more than one
year

8

18,232

32,732
NET ASSETS 9,875 8,725

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,775 8,625
SHAREHOLDERS' FUNDS 9,875 8,725

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

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

The director acknowledges his 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.

Shorten Ltd (Registered number: 10222551)

Balance Sheet - continued
31 December 2023


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 12 April 2024 and were signed by:





A Shorten - Director


Shorten Ltd (Registered number: 10222551)

Notes to the Financial Statements
for the Period 1 November 2022 to 31 December 2023

1. STATUTORY INFORMATION

Shorten Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Shorten Ltd (Registered number: 10222551)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 December 2023 5,000
AMORTISATION
At 1 November 2022
and 31 December 2023 5,000
NET BOOK VALUE
At 31 December 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 December 2023 56,204
DEPRECIATION
At 1 November 2022 31,975
Charge for period 6,057
At 31 December 2023 38,032
NET BOOK VALUE
At 31 December 2023 18,172
At 31 October 2022 24,229

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.10.22
£    £   
Trade debtors 258,196 254,153

Shorten Ltd (Registered number: 10222551)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.10.22
£    £   
Bank loans and overdrafts 15,929 24,579
Trade creditors 6,311 4,224
Taxation and social security 104,981 34,254
Other creditors 121,040 173,868
248,261 236,925

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.10.22
£    £   
Taxation and social security 7,637 28,182
Other creditors 10,595 4,550
18,232 32,732