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REGISTERED NUMBER: 03909657 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Shiny Goodness Limited

Shiny Goodness Limited (Registered number: 03909657)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shiny Goodness Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: G Smith





SECRETARY:





REGISTERED OFFICE: 1 The Old George
Nailsworth
Gloucestershire
GL6 0AG





REGISTERED NUMBER: 03909657 (England and Wales)





ACCOUNTANTS: Brooklyn Consultancy Ltd
Chartered Accountants
Newstones
Park Road
Nailsworth
Gloucestershire
GL6 0HZ

Shiny Goodness Limited (Registered number: 03909657)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 1,758 1,715
1,759 1,716

CURRENT ASSETS
Stocks 29,668 26,426
Debtors 6 - 2,133
Cash at bank and in hand 7,073 5,446
36,741 34,005
CREDITORS
Amounts falling due within one year 7 20,794 21,983
NET CURRENT ASSETS 15,947 12,022
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,706

13,738

PROVISIONS FOR LIABILITIES 768 434
NET ASSETS 16,938 13,304

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 16,936 13,302
16,938 13,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Shiny Goodness Limited (Registered number: 03909657)

Balance Sheet - continued
31 January 2025


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 director and authorised for issue on 20 March 2025 and were signed by:





G Smith - Director


Shiny Goodness Limited (Registered number: 03909657)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Shiny Goodness 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Shiny Goodness Limited (Registered number: 03909657)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 2,515
AMORTISATION
At 1 February 2024
and 31 January 2025 2,514
NET BOOK VALUE
At 31 January 2025 1
At 31 January 2024 1

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 31,602
Additions 662
At 31 January 2025 32,264
DEPRECIATION
At 1 February 2024 29,887
Charge for year 619
At 31 January 2025 30,506
NET BOOK VALUE
At 31 January 2025 1,758
At 31 January 2024 1,715

Shiny Goodness Limited (Registered number: 03909657)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors - 2,087
Other debtors - 46
- 2,133

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 3,165 1,870
Trade creditors 677 (1 )
Tax 5,260 4,279
Social security and other taxes 166 73
VAT 1,736 1,974
Other creditors 290 450
Directors' current accounts 5 481
Accrued expenses 9,495 12,857
20,794 21,983