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REGISTERED NUMBER: 04746633 (England and Wales)















Shonamac.Com Ltd

Unaudited Financial Statements for the Year Ended 31st March 2024






Shonamac.Com Ltd (Registered number: 04746633)






Contents of the Financial Statements
for the year ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shonamac.Com Ltd

Company Information
for the year ended 31st March 2024







DIRECTOR: Ms S McLeod



REGISTERED OFFICE: 8 Blandfield Road
London
SW12 8BG



REGISTERED NUMBER: 04746633 (England and Wales)



ACCOUNTANTS: The Decimal Place
8 Blandfield Road
London
SW12 8BG



BANKERS: HSBC

Shonamac.Com Ltd (Registered number: 04746633)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 2 2
3 3

CURRENT ASSETS
Debtors 6 38,413 25,191
Cash at bank 24,152 45,804
62,565 70,995
CREDITORS
Amounts falling due within one
year

7

28,278

30,597
NET CURRENT ASSETS 34,287 40,398
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,290

40,401

CREDITORS
Amounts falling due after more
than one year

8

19,110

26,214
NET ASSETS 15,180 14,187

Shonamac.Com Ltd (Registered number: 04746633)

Balance Sheet - continued
31st March 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 15,080 14,087
SHAREHOLDERS' FUNDS 15,180 14,187

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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 15th April 2024 and were signed by:





S McLeod - Director


Shonamac.Com Ltd (Registered number: 04746633)

Notes to the Financial Statements
for the year ended 31st March 2024

1. STATUTORY INFORMATION

Shonamac.Com 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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
Computer equipment - 25% on cost

Taxation
Taxation for the year 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.


Shonamac.Com Ltd (Registered number: 04746633)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 3 ).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st April 2023
and 31st March 2024 14,000
AMORTISATION
At 1st April 2023
and 31st March 2024 13,999
NET BOOK VALUE
At 31st March 2024 1
At 31st March 2023 1

Shonamac.Com Ltd (Registered number: 04746633)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 7,541 5,546 13,087
DEPRECIATION
At 1st April 2023
and 31st March 2024 7,540 5,545 13,085
NET BOOK VALUE
At 31st March 2024 1 1 2
At 31st March 2023 1 1 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Other debtors 10,563 13,180
Rent deposit 5,000 5,000
Directors' current accounts 22,850 7,011
38,413 25,191

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade creditors 12,388 13,930
Tax 1,661 2,558
Social security and other taxes 530 26
VAT 1,058 3,455
Accruals and deferred income 12,641 10,628
28,278 30,597

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2024 2023
£    £   
Bank loans more 5 yrs non-inst 19,110 26,214

Shonamac.Com Ltd (Registered number: 04746633)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - conti
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 19,110 26,214

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1st April 2023 14,087
Profit for the year 6,993
Dividends (6,000 )
At 31st March 2024 15,080