IRIS Accounts Production v24.3.0.553 13798883 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137988832023-03-31137988832024-03-31137988832023-04-012024-03-31137988832021-12-13137988832021-12-142023-03-31137988832023-03-3113798883ns15:EnglandWales2023-04-012024-03-3113798883ns14:PoundSterling2023-04-012024-03-3113798883ns10:Director12023-04-012024-03-3113798883ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113798883ns10:SmallEntities2023-04-012024-03-3113798883ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113798883ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113798883ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113798883ns10:FullAccounts2023-04-012024-03-3113798883ns10:OrdinaryShareClass12023-04-012024-03-3113798883ns5:CurrentFinancialInstruments2024-03-3113798883ns5:CurrentFinancialInstruments2023-03-3113798883ns5:ShareCapital2024-03-3113798883ns5:ShareCapital2023-03-3113798883ns5:RetainedEarningsAccumulatedLosses2024-03-3113798883ns5:RetainedEarningsAccumulatedLosses2023-03-3113798883ns5:PlantMachinery2023-04-012024-03-3113798883ns5:FurnitureFittings2023-04-012024-03-3113798883ns5:ComputerEquipment2023-04-012024-03-3113798883ns5:PlantMachinery2023-03-3113798883ns5:FurnitureFittings2023-03-3113798883ns5:ComputerEquipment2023-03-3113798883ns5:PlantMachinery2024-03-3113798883ns5:FurnitureFittings2024-03-3113798883ns5:ComputerEquipment2024-03-3113798883ns5:PlantMachinery2023-03-3113798883ns5:FurnitureFittings2023-03-3113798883ns5:ComputerEquipment2023-03-3113798883ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113798883ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3113798883ns5:WithinOneYear2024-03-3113798883ns5:WithinOneYear2023-03-3113798883ns5:BetweenOneFiveYears2024-03-3113798883ns5:BetweenOneFiveYears2023-03-3113798883ns5:AllPeriods2024-03-3113798883ns5:AllPeriods2023-03-3113798883ns5:DeferredTaxation2023-03-3113798883ns5:DeferredTaxation2023-04-012024-03-3113798883ns5:DeferredTaxation2024-03-3113798883ns10:OrdinaryShareClass12024-03-31137988831ns10:Director12023-03-31137988831ns10:Director12021-12-13137988831ns10:Director12023-04-012024-03-31137988831ns10:Director12021-12-142023-03-31137988831ns10:Director12024-03-31137988831ns10:Director12023-03-3113798883ns10:Director22023-04-012024-03-3113798883ns10:Director222023-03-3113798883ns10:Director222021-12-1313798883ns10:Director222023-04-012024-03-3113798883ns10:Director222021-12-142023-03-3113798883ns10:Director222024-03-3113798883ns10:Director222023-03-31
REGISTERED NUMBER: 13798883 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

SHADOW CONCEPTS LTD

SHADOW CONCEPTS LTD (REGISTERED NUMBER: 13798883)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance sheet 1

Notes to the financial statements 2


SHADOW CONCEPTS LTD (REGISTERED NUMBER: 13798883)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 8,869 4,736

Current assets
Debtors 5 117,026 3,604
Cash at bank 1,610 18,783
118,636 22,387
Creditors
Amounts falling due within one year 6 103,236 7,745
Net current assets 15,400 14,642
Total assets less current liabilities 24,269 19,378

Provisions for liabilities 8 1,352 98
Net assets 22,917 19,280

Capital and reserves
Called up share capital 9 2 2
Retained earnings 22,915 19,278
Shareholders' funds 22,917 19,280

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by:





Mr G Hatton - Director


SHADOW CONCEPTS LTD (REGISTERED NUMBER: 13798883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. Statutory information

Shadow Concepts Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 13798883. The registered office address is 7&8 Church Street, Wimborne, Dorset, BH21 1JH.

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 amounts receivable, excluding value added tax, in respect of the manufacture and sale of security equipment. Turnover is recognised when the goods have been despatched to the customer.

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
Computer equipment - 25% on reducing balance

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 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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

SHADOW CONCEPTS LTD (REGISTERED NUMBER: 13798883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 April 2023 - - 6,315 6,315
Additions 4,483 720 1,887 7,090
At 31 March 2024 4,483 720 8,202 13,405
Depreciation
At 1 April 2023 - - 1,579 1,579
Charge for year 1,121 180 1,656 2,957
At 31 March 2024 1,121 180 3,235 4,536
Net book value
At 31 March 2024 3,362 540 4,967 8,869
At 31 March 2023 - - 4,736 4,736

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 117,026 -
Directors' current accounts - 1,828
VAT - 1,776
117,026 3,604

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 30,300 -
Trade creditors 3,583 200
Tax 27,346 5,270
VAT 25,653 -
Directors' current accounts 13,654 -
Accruals and deferred income 2,700 2,275
103,236 7,745

7. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 7,124 -
Between one and five years 6,531 -
13,655 -

SHADOW CONCEPTS LTD (REGISTERED NUMBER: 13798883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. Provisions for liabilities
2024 2023
£    £   
Deferred tax 1,352 98

Deferred
tax
£   
Balance at 1 April 2023 98
Charge to Income statement during year 1,254
Balance at 31 March 2024 1,352

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

10. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the year ended 31 March 2024 and the period ended 31 March 2023:

2024 2023
£    £   
Mr G Hatton
Balance outstanding at start of year 914 -
Amounts advanced - 914
Amounts repaid (914 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 914

Mr G Wheeler
Balance outstanding at start of year 914 -
Amounts advanced - 914
Amounts repaid (914 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 914

11. Ultimate controlling party

The company is controlled by the directors by virtue of their 100% ownership of the issued share capital.