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REGISTERED NUMBER: 09180432 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Shanshaw Limited

Shanshaw Limited (Registered number: 09180432)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Shanshaw Limited (Registered number: 09180432)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Property, plant and equipment 5 - 876
- 876

Current assets
Inventories - 15,750
Debtors 6 644 -
Cash at bank and in hand 5 4,743
649 20,493
Creditors: amounts falling due within
one year

7

97,055

67,769
Net current liabilities (96,406 ) (47,276 )
Total assets less current liabilities (96,406 ) (46,400 )

Creditors: amounts falling due after
more than one year

8

70,000

70,000
Net liabilities (166,406 ) (116,400 )

Capital and reserves
Called up share capital 9 1 1
Retained earnings (166,407 ) (116,401 )
Shareholders' funds (166,406 ) (116,400 )

Shanshaw Limited (Registered number: 09180432)

Balance Sheet - continued
31 January 2025


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 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 April 2025 and were signed by:





S J Sherman - Director


Shanshaw Limited (Registered number: 09180432)

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

1. Statutory information

Shanshaw Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09180432

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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.

Shanshaw Limited (Registered number: 09180432)

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

2. Accounting policies - continued

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.This is usually on dispatch of the goods.

Rendering of services

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Goodwill
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.

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, has been fully amortised over its estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Stock is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Shanshaw Limited (Registered number: 09180432)

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

2. Accounting policies - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 6 (2024 - 7 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 February 2024
and 31 January 2025 56,150
Amortisation
At 1 February 2024
and 31 January 2025 56,150
Net book value
At 31 January 2025 -
At 31 January 2024 -

Shanshaw Limited (Registered number: 09180432)

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

5. Property, plant and equipment
Fixtures
and
fittings
£   
Cost
At 1 February 2024
and 31 January 2025 5,759
Depreciation
At 1 February 2024 4,883
Charge for year 876
At 31 January 2025 5,759
Net book value
At 31 January 2025 -
At 31 January 2024 876

6. Debtors: amounts falling due within one year
2025 2024
£    £   
Other debtors 644 -

7. Creditors: amounts falling due within one year
2025 2024
£    £   
Taxation and social security - 2,015
Other creditors 97,055 65,754
97,055 67,769

8. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Other creditors 70,000 70,000

Shanshaw Limited (Registered number: 09180432)

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

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1

10. Related party disclosures

Creditors include a balance of £164,555 (2024: £131,786) owed to the director.