0 false false true false false false false false false false true false false false false false true No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 965 100 6 6 6 xbrli:pure xbrli:shares iso4217:GBP 09508619 2023-04-01 2024-03-31 09508619 2024-03-31 09508619 2023-03-31 09508619 2022-04-01 2023-03-31 09508619 2023-03-31 09508619 2022-03-31 09508619 bus:RegisteredOffice 2023-04-01 2024-03-31 09508619 bus:Director1 2023-04-01 2024-03-31 09508619 core:WithinOneYear 2024-03-31 09508619 core:WithinOneYear 2023-03-31 09508619 core:RetainedEarningsAccumulatedLosses 2023-03-31 09508619 core:RetainedEarningsAccumulatedLosses 2022-03-31 09508619 core:RetainedEarningsAccumulatedLosses 2024-03-31 09508619 core:RetainedEarningsAccumulatedLosses 2023-03-31 09508619 core:ShareCapital 2024-03-31 09508619 core:ShareCapital 2023-03-31 09508619 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 09508619 core:Non-currentFinancialInstruments 2024-03-31 09508619 core:Non-currentFinancialInstruments 2023-03-31 09508619 bus:SmallEntities 2023-04-01 2024-03-31 09508619 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09508619 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09508619 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09508619 bus:FullAccounts 2023-04-01 2024-03-31 09508619 1 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: 09508619
SHAKETASTIC HOLDINGS LIMITED
Unaudited Financial Statements
31 March 2024
SHAKETASTIC HOLDINGS LIMITED
Financial Statements
Year ended 31 March 2024
Contents
Page
Director's report
1
Statement of income and retained earnings
2
Statement of financial position
3
Notes to the financial statements
4
SHAKETASTIC HOLDINGS LIMITED
Director's Report
Year ended 31 March 2024
The director presents his report and the unaudited financial statements of the company for the year ended 31 March 2024 .
Director
The director who served the company during the year was as follows:
J S Kettle
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 25 September 2024 and signed on behalf of the board by:
J S Kettle
Director
Registered office:
c/o The Accounting Centre Limited
First Floor, 736 High Road
North Finchley
London
N12 9QD
SHAKETASTIC HOLDINGS LIMITED
Statement of Income and Retained Earnings
Year ended 31 March 2024
2024
2023
Note
£
£
Administrative expenses
965
850
Other operating income
750
----
----
Operating loss
( 965)
( 100)
----
----
Loss before taxation
( 965)
( 100)
Tax on loss
----
----
Loss for the financial year and total comprehensive income
( 965)
( 100)
----
----
Retained earnings at the start of the year
6,785
6,885
-------
-------
Retained earnings at the end of the year
5,820
6,785
-------
-------
All the activities of the company are from continuing operations.
SHAKETASTIC HOLDINGS LIMITED
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
Fixed assets
Investments
4
6
6
Current assets
Debtors
5
15,754
15,754
Creditors: amounts falling due within one year
6
9,930
8,965
--------
--------
Net current assets
5,824
6,789
-------
-------
Total assets less current liabilities
5,830
6,795
-------
-------
Net assets
5,830
6,795
-------
-------
Capital and reserves
Called up share capital
10
10
Profit and loss account
7
5,820
6,785
-------
-------
Shareholders funds
5,830
6,795
-------
-------
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 25 September 2024 , and are signed on behalf of the board by:
J S Kettle
Director
Company registration number: 09508619
SHAKETASTIC HOLDINGS LIMITED
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o The Accounting Centre Limited, First Floor, 736 High Road, North Finchley, London, N12 9QD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Investments
Shares in group undertakings
£
Cost
At 1 April 2023 and 31 March 2024
6
----
Impairment
At 1 April 2023 and 31 March 2024
----
Carrying amount
At 31 March 2024
6
----
At 31 March 2023
6
----
5. Debtors
2024
2023
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
15,750
15,750
Other debtors
4
4
--------
--------
15,754
15,754
--------
--------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
9,210
8,315
Other creditors
720
650
-------
-------
9,930
8,965
-------
-------
7. Reserves
Profit and loss account - This reserve records retained earnings and accumulated losses.
8. Director's advances, credits and guarantees
No movement during the year.
9. Controlling party
The company was under the control of its director throughout the year.