Registration number:
Shadow Escapes Ltd
for the Period from 22 June 2023 to 30 June 2024
Shadow Escapes Ltd
Contents
Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Shadow Escapes Ltd
(Registration number: SC773438)
Statement of Financial Position as at 30 June 2024
Note |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net current liabilities |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
102 |
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Retained earnings |
(6,894) |
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Shareholders' deficit |
(6,792) |
For the financial period ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Shadow Escapes Ltd
(Registration number: SC773438)
Statement of Financial Position as at 30 June 2024
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Shadow Escapes Ltd
Notes to the Unaudited Financial Statements for the Period from 22 June 2023 to 30 June 2024
General information |
The Company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements have been prepared in sterling which is the functional currency of the entity.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Shadow Escapes Ltd
Notes to the Unaudited Financial Statements for the Period from 22 June 2023 to 30 June 2024
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
Straight line - 7% |
Fixtures and fittings |
Reducing balance - 20% |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Financial instruments
Classification
Staff numbers |
The average number of persons employed by the Company (including Directors) during the period, was
Shadow Escapes Ltd
Notes to the Unaudited Financial Statements for the Period from 22 June 2023 to 30 June 2024
Tangible assets |
Fixtures and fittings |
Plant and machinery |
Total |
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Cost or valuation |
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Additions |
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At 30 June 2024 |
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Depreciation |
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Charge for the period |
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At 30 June 2024 |
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Carrying amount |
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At 30 June 2024 |
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Creditors |
Creditors: amounts falling due within one year
2024 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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