IRIS Accounts Production v24.3.0.553 06074494 director 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060744942023-01-31060744942024-01-31060744942023-02-012024-01-31060744942022-01-31060744942022-02-012023-01-31060744942023-01-3106074494ns15:EnglandWales2023-02-012024-01-3106074494ns14:PoundSterling2023-02-012024-01-3106074494ns10:Director12023-02-012024-01-3106074494ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3106074494ns10:SmallEntities2023-02-012024-01-3106074494ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3106074494ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3106074494ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3106074494ns10:FullAccounts2023-02-012024-01-3106074494ns10:CompanySecretary12023-02-012024-01-3106074494ns10:RegisteredOffice2023-02-012024-01-3106074494ns5:CurrentFinancialInstruments2024-01-3106074494ns5:CurrentFinancialInstruments2023-01-3106074494ns5:Non-currentFinancialInstruments2024-01-3106074494ns5:Non-currentFinancialInstruments2023-01-3106074494ns5:ShareCapital2024-01-3106074494ns5:ShareCapital2023-01-3106074494ns5:RetainedEarningsAccumulatedLosses2024-01-3106074494ns5:RetainedEarningsAccumulatedLosses2023-01-3106074494ns5:PlantMachinery2023-02-012024-01-3106074494ns5:FurnitureFittings2023-02-012024-01-3106074494ns5:PlantMachinery2023-01-3106074494ns5:FurnitureFittings2023-01-3106074494ns5:PlantMachinery2024-01-3106074494ns5:FurnitureFittings2024-01-3106074494ns5:PlantMachinery2023-01-3106074494ns5:FurnitureFittings2023-01-3106074494ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3106074494ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-31
REGISTERED NUMBER: 06074494 (England and Wales)


















Financial Statements for the Year Ended 31 January 2024

for

SOULSHAKERS LTD

SOULSHAKERS LTD (REGISTERED NUMBER: 06074494)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SOULSHAKERS LTD

Company Information
for the Year Ended 31 January 2024







DIRECTOR: G M Looker





SECRETARY: M A Butt





REGISTERED OFFICE: 77 Ridgmount Gardens
London
England
WC1E 7AY





REGISTERED NUMBER: 06074494 (England and Wales)





ACCOUNTANTS: BDA Associates Limited
Chartered Accountants
Global House
1 Ashley Avenue
Epsom
Surrey
KT18 5AD

SOULSHAKERS LTD (REGISTERED NUMBER: 06074494)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,405 12,539

CURRENT ASSETS
Stocks 15,030 45,530
Debtors 5 180,435 163,859
Cash at bank 67,524 39,991
262,989 249,380
CREDITORS
Amounts falling due within one year 6 102,605 111,792
NET CURRENT ASSETS 160,384 137,588
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,789

150,127

CREDITORS
Amounts falling due after more than one
year

7

(46,667

)

(66,667

)

PROVISIONS FOR LIABILITIES (2,351 ) (3,135 )
NET ASSETS 120,771 80,325

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 120,671 80,225
SHAREHOLDERS' FUNDS 120,771 80,325

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

SOULSHAKERS LTD (REGISTERED NUMBER: 06074494)

Statement of Financial Position - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2024 and were signed by:





G M Looker - Director


SOULSHAKERS LTD (REGISTERED NUMBER: 06074494)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Soulshakers 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 represents net invoiced sales of goods and services, excluding value added tax.

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 reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 15 (2023 - 17 ) .

SOULSHAKERS LTD (REGISTERED NUMBER: 06074494)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 57,754 16,076 73,830
DEPRECIATION
At 1 February 2023 49,042 12,249 61,291
Charge for year 2,178 956 3,134
At 31 January 2024 51,220 13,205 64,425
NET BOOK VALUE
At 31 January 2024 6,534 2,871 9,405
At 31 January 2023 8,712 3,827 12,539

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 104,942 87,892
Amounts owed by related company 27,522 30,484
Other debtors 47,971 45,483
180,435 163,859

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,000 10,000
Taxation and social security 75,121 89,930
Other creditors 17,484 11,862
102,605 111,792

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 46,667 66,667