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REGISTERED NUMBER: 12831176 (England and Wales)















Financial Statements

for the Year Ended 31 December 2023

for

Bookshoppe Limited

Bookshoppe Limited (Registered number: 12831176)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bookshoppe Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M J Halls
R A Hunter
S A D Lambert
S A A Lovegrove
F L Sinclair
N M Vanderbilt



SECRETARY: J Sessler



REGISTERED OFFICE: 69-73 Theobalds Road
London
WC1X 8TA



REGISTERED NUMBER: 12831176 (England and Wales)



SENIOR STATUTORY AUDITOR: Caroline Peverett BA FCA



AUDITORS: Tuerner Audit Limited
Bridge House
Old Grantham Road
Whatton
Nottingham
NG13 9FG

Bookshoppe Limited (Registered number: 12831176)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,411 3,641

CURRENT ASSETS
Debtors 6 68,095 82,493
Cash at bank 1,491,959 1,168,136
1,560,054 1,250,629
CREDITORS
Amounts falling due within one year 7 1,098,881 1,118,362
NET CURRENT ASSETS 461,173 132,267
TOTAL ASSETS LESS CURRENT
LIABILITIES

463,584

135,908

CAPITAL AND RESERVES
Called up share capital 8 1,033 1,033
Other reserves 9 400,000 -
Retained earnings 9 62,551 134,875
SHAREHOLDERS' FUNDS 463,584 135,908

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 25 March 2025 and were signed on its behalf by:





N M Vanderbilt - Director


Bookshoppe Limited (Registered number: 12831176)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Bookshoppe 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 financial statements have been prepared under the historical cost convention.

The company will benefit from financial support from its ultimate parent company, which has confirmed that it will provide the company with sufficient resources to enable it to meet its debts as they fall due for a period of at least 12 months from the date of approval of these financial statements. The Director has reviewed and considered relevant information including the annual budget, the post balance sheet date performance and growth, and the cash flow forecasts in making their assessment. Based on these assessments the Director believes that it is still appropriate to adopt the going concern basis in preparing the financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of consideration received for orders dispatched to customers, excluding discounts, rebates, value added tax and other sales taxes. Turnover is deferred where funds are received from customers but control of goods has not yet passed to the customer.

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 - 25% on cost

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.

Bookshoppe Limited (Registered number: 12831176)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


3. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 10 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 7,653
Additions 1,165
Disposals (1,249 )
At 31 December 2023 7,569
DEPRECIATION
At 1 January 2023 4,012
Charge for year 1,953
Eliminated on disposal (807 )
At 31 December 2023 5,158
NET BOOK VALUE
At 31 December 2023 2,411
At 31 December 2022 3,641

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 41,318 47,860
Other debtors 26,777 34,633
68,095 82,493

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 430,031 164,411
Amounts owed to group undertakings 6,400 366,775
Taxation and social security - 4,781
Other creditors 662,450 582,395
1,098,881 1,118,362

Bookshoppe Limited (Registered number: 12831176)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
8,432 Ordinary Shares 0.01 84 84

Allotted and issued:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
94,860 Ordinary shares 0.01 949 949

9. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 January 2023 134,875 - 134,875
Deficit for the year (72,324 ) (72,324 )
Capital contribution - 400,000 400,000
At 31 December 2023 62,551 400,000 462,551

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Caroline Peverett BA FCA (Senior Statutory Auditor)
for and on behalf of Tuerner Audit Limited

11. CONVERSION OF LOAN TO CAPITAL CONTRIBUTION

The board of directors of the ultimate parent company Bookshop Inc. resolved on 17 November 2023 to convert £400,000 of loan balance owed by the company to Bookshop Inc. to a capital contribution. This conversion was acknowledged and accepted by the board of directors of the company on 23 November 2023.

This capital contribution is not repayable other than by way of a distribution through Bookshop Holdings Limited, a wholly owned subsidiary of Bookshop Inc. and direct parent of Bookshoppe Limited.