Company Registration No. 13317030 (England and Wales)
Shifts and Perspectives Ltd
Unaudited accounts
for the year ended 30 April 2024
Shifts and Perspectives Ltd
Unaudited accounts
Contents
Shifts and Perspectives Ltd
Company Information
for the year ended 30 April 2024
Director
Rachelle Carolina Meyer
Company Number
13317030 (England and Wales)
Registered Office
125 Silverdale Avenue
Westcliff-On-Sea
Southend-On-Sea
SS0 9BB
United Kingdom
Accountants
Anumerate Limited
Office 2.05, Clockwise
Old Town Hall
30 Tweedy Road
Bromley
BR13FE
Shifts and Perspectives Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
1,177
1,931
Cash at bank and in hand
5,208
10,085
Creditors: amounts falling due within one year
(739)
(20)
Net current assets
4,469
10,065
Called up share capital
1
1
Profit and loss account
5,645
11,995
Shareholders' funds
5,646
11,996
For the year ending 30 April 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 August 2024 and were signed on its behalf by
Rachelle Carolina Meyer
Director
Company Registration No. 13317030
Shifts and Perspectives Ltd
Notes to the Accounts
for the year ended 30 April 2024
Shifts and Perspectives Ltd is a private company, limited by shares, registered in England and Wales, registration number 13317030. The registered office is 125 Silverdale Avenue, Westcliff-On-Sea, Southend-On-Sea, SS0 9BB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% - straightline basis
Computer equipment
25% - straightline basis
The Directors are of the view that the company is a going concern and will continue to trade for the foreseeable future.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Shifts and Perspectives Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
1,070
1,948
3,018
At 30 April 2024
1,070
1,948
3,018
At 1 May 2023
490
597
1,087
Charge for the year
267
487
754
At 30 April 2024
757
1,084
1,841
At 30 April 2024
313
864
1,177
At 30 April 2023
580
1,351
1,931
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
20
(359)
Loans from directors
624
312
Amounts owed to the Director are unsecured, interest-free and with no fixed terms of repayment.
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Transactions with related parties
During the year the Director advanced cash to the Company to facilitate its operations. Loans with Directors amounts to £624.
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).