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REGISTERED NUMBER: 14895071 (England and Wales)












Unaudited Financial Statements

for the Period 25 May 2023 to 31 May 2024

for

Shore Street Consulting Ltd

Shore Street Consulting Ltd (Registered number: 14895071)






Contents of the Financial Statements
for the period 25 May 2023 to 31 May 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Shore Street Consulting Ltd

Company Information
for the period 25 May 2023 to 31 May 2024







DIRECTOR: P Shore





REGISTERED OFFICE: 19 Croxton Green
Tarvin
Chester
Cheshire
CH3 8DU





REGISTERED NUMBER: 14895071 (England and Wales)





ACCOUNTANTS: Banks Sheridan
Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF

Shore Street Consulting Ltd (Registered number: 14895071)

Statement of Financial Position
31 May 2024

Notes £   
CURRENT ASSETS
Debtors 5 1,403
Cash at bank 12
1,415
CREDITORS
Amounts falling due within one year 6 (1,311 )
NET CURRENT ASSETS 104
TOTAL ASSETS LESS CURRENT
LIABILITIES

104

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 4
104

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

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 director and authorised for issue on 24 February 2025 and were signed by:





P Shore - Director


Shore Street Consulting Ltd (Registered number: 14895071)

Notes to the Financial Statements
for the period 25 May 2023 to 31 May 2024

1. STATUTORY INFORMATION

Shore Street Consulting Limited ('The Company') is primarily engaged in management consultancy activities other than financial management.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and the registered office is 19 Croxton Green, Tarvin, Chester, Cheshire, CH3 8DU. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the winding up basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
The director has signified his intention to wind up the company and seek its removal from Companies House register once all liabilities have been settled.

On this basis the director considers it appropriate to prepare the financial statements on the winding up basis.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the discounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.


Shore Street Consulting Ltd (Registered number: 14895071)

Notes to the Financial Statements - continued
for the period 25 May 2023 to 31 May 2024

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 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 period 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,403

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 140
Taxation and social security 914
Other creditors 257
1,311

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 May 2024:

£   
P Shore
Balance outstanding at start of period -
Amounts advanced 1,333
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 1,333

The directors loans were repaid within 9 months of the accounting period end.