IRIS Accounts Production v24.3.0.553 05038501 director 1.2.23 31.1.24 31.1.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050385012023-01-31050385012024-01-31050385012023-02-012024-01-31050385012022-01-31050385012022-02-012023-01-31050385012023-01-3105038501ns15:EnglandWales2023-02-012024-01-3105038501ns14:PoundSterling2023-02-012024-01-3105038501ns10:Director12023-02-012024-01-3105038501ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3105038501ns10:SmallEntities2023-02-012024-01-3105038501ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3105038501ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3105038501ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3105038501ns10:AbridgedAccounts2023-02-012024-01-3105038501ns10:RegisteredOffice2023-02-012024-01-3105038501ns5:CurrentFinancialInstruments2024-01-3105038501ns5:CurrentFinancialInstruments2023-01-3105038501ns5:ShareCapital2024-01-3105038501ns5:ShareCapital2023-01-3105038501ns5:RetainedEarningsAccumulatedLosses2024-01-3105038501ns5:RetainedEarningsAccumulatedLosses2023-01-3105038501ns5:PlantMachinery2023-02-012024-01-31050385011ns10:Director12023-01-31050385011ns10:Director12022-01-31050385011ns10:Director12023-02-012024-01-31050385011ns10:Director12022-02-012023-01-31050385011ns10:Director12024-01-31050385011ns10:Director12023-01-31
REGISTERED NUMBER: 05038501 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Shakespeare Holdings Limited

Shakespeare Holdings Limited (Registered number: 05038501)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Shakespeare Holdings Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: N M Higginson





REGISTERED OFFICE: 36 Bidavon Industrial Estate
Waterloo Road
Bidford on Avon
Alcester
Warwickshire
B50 4JN





REGISTERED NUMBER: 05038501 (England and Wales)





ACCOUNTANTS: Attwoods
Chartered Certified Accountants
90-92 High Street
Evesham
Worcestershire
WR11 4EU

Shakespeare Holdings Limited (Registered number: 05038501)

Abridged Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 412,691 346,078
Investments 5 500,200 500,200
912,891 846,278

CURRENT ASSETS
Debtors 467,851 1,227,330
Cash at bank 356,609 6,703
824,460 1,234,033
CREDITORS
Amounts falling due within one year 754,232 921,289
NET CURRENT ASSETS 70,228 312,744
TOTAL ASSETS LESS CURRENT
LIABILITIES

983,119

1,159,022

PROVISIONS FOR LIABILITIES 103,174 63,005
NET ASSETS 879,945 1,096,017

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 879,745 1,095,817
SHAREHOLDERS' FUNDS 879,945 1,096,017

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.

Shakespeare Holdings Limited (Registered number: 05038501)

Abridged Balance Sheet - 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 October 2024 and were signed by:





N M Higginson - Director


Shakespeare Holdings Limited (Registered number: 05038501)

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

1. STATUTORY INFORMATION

Shakespeare Holdings Limited 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

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.

3. EMPLOYEES AND DIRECTORS

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

Shakespeare Holdings Limited (Registered number: 05038501)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 1,550,453
Additions 167,833
At 31 January 2024 1,718,286
DEPRECIATION
At 1 February 2023 1,204,375
Charge for year 101,220
At 31 January 2024 1,305,595
NET BOOK VALUE
At 31 January 2024 412,691
At 31 January 2023 346,078

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 February 2023
and 31 January 2024 500,200
NET BOOK VALUE
At 31 January 2024 500,200
At 31 January 2023 500,200

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
N M Higginson
Balance outstanding at start of year 423,886 264,292
Amounts advanced 200,131 379,191
Amounts repaid (596,418 ) (219,597 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 27,599 423,886

7. ULTIMATE CONTROLLING PARTY

The controlling party is N M Higginson.