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REGISTERED NUMBER: 14077081 (England and Wales)















SHOTWICK SHOOTING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024






SHOTWICK SHOOTING LIMITED (REGISTERED NUMBER: 14077081)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SHOTWICK SHOOTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: B Jardine





REGISTERED OFFICE: Bryn Berllyn Shotwick Lane
Woodbank
Chester
Cheshire
CH1 6HY





REGISTERED NUMBER: 14077081 (England and Wales)





ACCOUNTANTS: DJH Bury Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN

SHOTWICK SHOOTING LIMITED (REGISTERED NUMBER: 14077081)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 24,288 12,285
Investment property 5 42,500 42,500
66,788 54,785

CURRENT ASSETS
Debtors 6 126,440 82,266
Cash at bank 2,113 14,063
128,553 96,329
CREDITORS
Amounts falling due within one year 7 (223,817 ) (151,563 )
NET CURRENT LIABILITIES (95,264 ) (55,234 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(28,476

)

(449

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (28,576 ) (549 )
(28,476 ) (449 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

SHOTWICK SHOOTING LIMITED (REGISTERED NUMBER: 14077081)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 3 April 2025 and were signed by:





B Jardine - Director


SHOTWICK SHOOTING LIMITED (REGISTERED NUMBER: 14077081)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Shotwick Shooting Limited is a private company, limited by shares, registered in England and Wales.The company's registered number is 14077081 and registered office address is Bryn Berllyn Shotwick Lane, Woodbank, Chester, Cheshire, United Kingdom, CH1 6HY.

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.

The director recognises that the future cannot be predicted with certainty. The director expects the company to continue trading and begin generating profit.

Included within current liabilities is a director's loan account balance of £116,964, the director has confirmed the repayment of this balance will not be sought until the company is in a position to repay it.

Therefore, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result, the director continues to adopt the going concern basis in preparing the financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make estimates and judgements. The estimates are based on historical experience and other relevant factors. Actual results may differ from these estimates.

The estimates are continually evaluated. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below:-

i) Determining the fair value of investment properties as at the year end date.

Revenue
Revenue represents the aggregate of the fair value of sale of services provided, net of value added tax, rebates and discounts. Revenue is recognised as follows:-

Service revenue is recognised as those services are provided to customers.

Property, plant and equipment
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 cost

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises.

Investment property
Investment properties are recognised at purchase price which is deemed to be the fair value. Revaluation surpluses are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

SHOTWICK SHOOTING LIMITED (REGISTERED NUMBER: 14077081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 3 (2023 - 3 ) .

SHOTWICK SHOOTING LIMITED (REGISTERED NUMBER: 14077081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 May 2023 13,640
Additions 15,917
Disposals (2,424 )
At 30 April 2024 27,133
DEPRECIATION
At 1 May 2023 1,355
Charge for year 1,490
At 30 April 2024 2,845
NET BOOK VALUE
At 30 April 2024 24,288
At 30 April 2023 12,285

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 42,500
NET BOOK VALUE
At 30 April 2024 42,500
At 30 April 2023 42,500

Investment properties have been valued by the director at an open market value as at the year end date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 88,000 80,000
Amounts owed by related parties 36,174 -
Other debtors 2,266 2,266
126,440 82,266

SHOTWICK SHOOTING LIMITED (REGISTERED NUMBER: 14077081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5,580 35
Amounts owed to related parties 1,396 -
Taxation and social security 29,933 20,956
Other creditors 186,908 130,572
223,817 151,563