Shout Business Solutions Limited SC286518 true 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is the provision of business consultancy and photographic services. Digita Accounts Production Advanced 6.30.9574.0 true A Johnson C Johnson true SC286518 2022-12-01 2023-11-30 SC286518 2023-11-30 SC286518 bus:OrdinaryShareClass1 2023-11-30 SC286518 core:RetainedEarningsAccumulatedLosses 2023-11-30 SC286518 core:ShareCapital 2023-11-30 SC286518 core:CurrentFinancialInstruments 2023-11-30 SC286518 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 SC286518 core:FurnitureFittingsToolsEquipment 2023-11-30 SC286518 core:MotorVehicles 2023-11-30 SC286518 core:OtherPropertyPlantEquipment 2023-11-30 SC286518 bus:FRS102 2022-12-01 2023-11-30 SC286518 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC286518 bus:FullAccounts 2022-12-01 2023-11-30 SC286518 bus:RegisteredOffice 2022-12-01 2023-11-30 SC286518 bus:CompanySecretary1 2022-12-01 2023-11-30 SC286518 bus:Director2 2022-12-01 2023-11-30 SC286518 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 SC286518 bus:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 SC286518 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC286518 core:ComputerEquipment 2022-12-01 2023-11-30 SC286518 core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 SC286518 core:OtherPropertyPlantEquipment 2022-12-01 2023-11-30 SC286518 countries:Scotland 2022-12-01 2023-11-30 SC286518 2022-11-30 SC286518 core:FurnitureFittingsToolsEquipment 2022-11-30 SC286518 core:MotorVehicles 2022-11-30 SC286518 core:OtherPropertyPlantEquipment 2022-11-30 SC286518 2022-11-30 SC286518 bus:OrdinaryShareClass1 2022-11-30 SC286518 core:RetainedEarningsAccumulatedLosses 2022-11-30 SC286518 core:ShareCapital 2022-11-30 SC286518 core:CurrentFinancialInstruments 2022-11-30 SC286518 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 SC286518 core:FurnitureFittingsToolsEquipment 2022-11-30 SC286518 core:MotorVehicles 2022-11-30 SC286518 core:OtherPropertyPlantEquipment 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: SC286518

Shout Business Solutions Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Shout Business Solutions Limited

Profit and Loss Account for the Year Ended 30 November 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Shout Business Solutions Limited

(Registration number: SC286518)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

5,373

5,373

Current assets

 

Stocks

4

100

100

Debtors

5

2,883

4,883

Cash at bank and in hand

 

16,753

16,753

 

19,736

21,736

Net assets

 

25,109

27,109

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

25,009

27,009

Shareholders' funds

 

25,109

27,109

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 31 July 2024
 

.........................................
A Johnson
Director

 

Shout Business Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
27 North Bridge Street
Hawick
Scottish Borders
TD9 9BD
United Kingdom

The principal place of business is:
2 Dean Park
Newstead
Melrose
Roxburghshire
TD6 9RQ
Scotland

These financial statements were authorised for issue by the director on 31 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company is not directly impacted by Brexit.

The company has suffered financially from the pandemic. Where appropriate, government support in the forms of grants and loans were used to mitigate the impact of lockdowns etc. The directors will continue to assess the impact of the pandemic and make decisions accordingly.

The financial statements are presented in Sterling (£) and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

 

Shout Business Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Judgements

Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made included:

Useful economic lives of tangible assets – the annual depreciation charge for tangible assets is sensitive to change in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on economic utilisation, and the physical condition of the assets.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

Various

Fixtures and fittings

Various

Photographic equipment

Various

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Shout Business Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of it’s liabilities.
 Recognition and measurement
Where shares are issued, any component that creates, a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as an interest expenses in the profit and loss account.
 Impairment
At the end of each reporting period financial instruments measured at fair value are assessed for objective evidence of impairment. The impairment loss is recognised in the profit and loss account.

 

Shout Business Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

3

Tangible assets

Computer equipment
 £

Fixtures and fittings
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 December 2022

30,746

14,404

32,803

77,953

At 30 November 2023

30,746

14,404

32,803

77,953

Depreciation

At 1 December 2022

27,571

14,404

30,605

72,580

At 30 November 2023

27,571

14,404

30,605

72,580

Carrying amount

At 30 November 2023

3,175

-

2,198

5,373

At 30 November 2022

3,175

-

2,198

5,373

4

Stocks

2023
£

2022
£

Other inventories

100

100

5

Debtors

2023
£

2022
£

Other debtors

2,883

4,883

2,883

4,883

6

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

100

100

100

100