IRIS Accounts Production v24.3.2.46 08084976 Board of Directors Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080849762023-05-31080849762024-05-31080849762023-06-012024-05-31080849762022-05-31080849762022-06-012023-05-31080849762023-05-3108084976ns15:EnglandWales2023-06-012024-05-3108084976ns14:PoundSterling2023-06-012024-05-3108084976ns10:Director12023-06-012024-05-3108084976ns10:Director22023-06-012024-05-3108084976ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108084976ns10:SmallEntities2023-06-012024-05-3108084976ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3108084976ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108084976ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108084976ns10:FullAccounts2023-06-012024-05-3108084976ns10:OrdinaryShareClass12023-06-012024-05-3108084976ns10:RegisteredOffice2023-06-012024-05-3108084976ns5:CurrentFinancialInstruments2024-05-3108084976ns5:CurrentFinancialInstruments2023-05-3108084976ns5:ShareCapital2024-05-3108084976ns5:ShareCapital2023-05-3108084976ns5:RetainedEarningsAccumulatedLosses2024-05-3108084976ns5:RetainedEarningsAccumulatedLosses2023-05-3108084976ns5:PlantMachinery2023-06-012024-05-3108084976ns5:ComputerEquipment2023-06-012024-05-3108084976ns5:PlantMachinery2023-05-3108084976ns5:ComputerEquipment2023-05-3108084976ns5:PlantMachinery2024-05-3108084976ns5:ComputerEquipment2024-05-3108084976ns5:PlantMachinery2023-05-3108084976ns5:ComputerEquipment2023-05-3108084976ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3108084976ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3108084976ns10:OrdinaryShareClass12024-05-3108084976ns5:RetainedEarningsAccumulatedLosses2023-05-3108084976ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 08084976 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

WE SHOOT LASERS LIMITED

WE SHOOT LASERS LIMITED (REGISTERED NUMBER: 08084976)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WE SHOOT LASERS LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr G B Harding
Mr F Pomeranz





REGISTERED OFFICE: 1 & 2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB





REGISTERED NUMBER: 08084976 (England and Wales)





ACCOUNTANTS: THB LLP
1 & 2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB

WE SHOOT LASERS LIMITED (REGISTERED NUMBER: 08084976)

Balance Sheet
31 May 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,105 44,201

CURRENT ASSETS
Debtors 5 130,226 15,759
Cash at bank 596,193 714,003
726,419 729,762
CREDITORS
Amounts falling due within one year 6 47,464 39,577
NET CURRENT ASSETS 678,955 690,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

710,060

734,386

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 710,058 734,384
SHAREHOLDERS' FUNDS 710,060 734,386

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:



Mr G B Harding - Director



Mr F Pomeranz - Director


WE SHOOT LASERS LIMITED (REGISTERED NUMBER: 08084976)

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

1. STATUTORY INFORMATION

We Shoot Lasers 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.

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 - 25% on cost
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 June 2023 332,195 111,865 444,060
Additions - 5,954 5,954
At 31 May 2024 332,195 117,819 450,014
DEPRECIATION
At 1 June 2023 309,352 90,507 399,859
Charge for year 11,278 7,772 19,050
At 31 May 2024 320,630 98,279 418,909
NET BOOK VALUE
At 31 May 2024 11,565 19,540 31,105
At 31 May 2023 22,843 21,358 44,201

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade debtors 18,594 8,254
Other debtors 111,632 7,505
130,226 15,759

WE SHOOT LASERS LIMITED (REGISTERED NUMBER: 08084976)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Taxation and social security - 3,024
Other creditors 47,464 36,553
47,464 39,577

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/5/24 31/5/23
value: £    £   
2 Ordinary shares £1 2 2

8. RESERVES
Retained
earnings
£   

At 1 June 2023 734,384
Deficit for the year (17,235 )
Prior year adjustment (7,091 )
At 31 May 2024 710,058

9. RELATED PARTY DISCLOSURES

At the year end the company owed an amount of £45,204 (2023: £33,804) to its directors.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G Harding and Mr F Pomeranz, by virtue of the fact that they each own 50% of the issued share capital.