SOUL SHUTTERS LTD

Company Registration Number:
11310696 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

SOUL SHUTTERS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes

SOUL SHUTTERS LTD

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 811 5,680
Total fixed assets: 811 5,680
Current assets
Debtors: 4 50,234 72,013
Cash at bank and in hand: 11,860 3,370
Total current assets: 62,094 75,383
Creditors: amounts falling due within one year: 5 ( 31,089 ) ( 31,225 )
Net current assets (liabilities): 31,005 44,158
Total assets less current liabilities: 31,816 49,838
Creditors: amounts falling due after more than one year: 6 ( 24,999 ) ( 48,146 )
Provision for liabilities: ( 1,079 ) ( 1,079 )
Total net assets (liabilities): 5,738 613
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,638 513
Total Shareholders' funds: 5,738 613

The notes form part of these financial statements

SOUL SHUTTERS LTD

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 7 January 2025
and signed on behalf of the board by:

Name: R D Jackson
Status: Director

The notes form part of these financial statements

SOUL SHUTTERS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

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

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc. over 4 years.

    Other accounting policies

    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. Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SOUL SHUTTERS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

SOUL SHUTTERS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 37,854 37,854
Additions 1,320 1,320
Disposals
Revaluations
Transfers
At 30 April 2024 39,174 39,174
Depreciation
At 1 May 2023 32,174 32,174
Charge for year 6,189 6,189
On disposals
Other adjustments
At 30 April 2024 38,363 38,363
Net book value
At 30 April 2024 811 811
At 30 April 2023 5,680 5,680

SOUL SHUTTERS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Trade debtors 27,448 22,980
Other debtors 22,786 49,033
Total 50,234 72,013

SOUL SHUTTERS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 11,488 23,216
Taxation and social security 18,301 6,708
Other creditors 1,300 1,301
Total 31,089 31,225

SOUL SHUTTERS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 24,999 48,146
Total 24,999 48,146

SOUL SHUTTERS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Loans to directors

Name of director receiving advance or credit: R D Jackson
Description of the transaction:
Director advance.
£
Balance at 30 April 2023 49,033
Advances or credits made:
Advances or credits repaid: 39,748
Balance at 30 April 2024 9,285