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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
Page
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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
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Shifts and Perspectives Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,177 
1,931 
Current assets
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 
Net assets
5,646 
11,996 
Capital and reserves
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
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Shifts and Perspectives Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Going concern
The Directors are of the view that the company is a going concern and will continue to trade for the foreseeable future.
Turnover
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.
Debtors
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.
Creditors
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.
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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 
Depreciation
At 1 May 2023
490 
597 
1,087 
Charge for the year
267 
487 
754 
At 30 April 2024
757 
1,084 
1,841 
Net book value
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 
Accruals
95 
67 
739 
20 
Amounts owed to the Director are unsecured, interest-free and with no fixed terms of repayment.
6
Share capital
2024 
2023 
£ 
£ 
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).
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