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Company Registration No. 07943692 (England and Wales)
Shoestone Ltd Unaudited accounts for the year ended 31 December 2024
Shoestone Ltd Unaudited accounts Contents
Page
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Shoestone Ltd Company Information for the year ended 31 December 2024
Directors
David Oestreicher Solomon Oestreicher
Company Number
07943692 (England and Wales)
Registered Office
162 Osbaldeston Road London N16 6NJ
Accountants
Precision Ltd 32 Castlewood Road London N16 6DW
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Shoestone Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
6,000 
6,000 
Current assets
Debtors
52,156 
52,819 
Cash at bank and in hand
2,259 
2,971 
54,415 
55,790 
Creditors: amounts falling due within one year
(39,912)
(39,913)
Net current assets
14,503 
15,877 
Net assets
20,503 
21,877 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
20,502 
21,876 
Shareholders' funds
20,503 
21,877 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2025 and were signed on its behalf by
David Oestreicher Director Company Registration No. 07943692
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Shoestone Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Shoestone Ltd is a private company, limited by shares, registered in England and Wales, registration number 07943692. The registered office is 162 Osbaldeston Road, London, N16 6NJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss. Investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.
4
Investments
Other investments 
£ 
Valuation at 1 January 2024
6,000 
Valuation at 31 December 2024
6,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
52,156 
52,819 
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Shoestone Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
5,999 
5,999 
Other creditors
33,133 
33,134 
Accruals
780 
780 
39,912 
39,913 
Creditors owed to group undertakings, relates to an interest free loan in the sum of £5,999 (December 2023: £5,999), due to the parent company Goldheart Charity Ltd.
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Transactions with related parties
See Creditors note.
9
Controlling party
Goldheart Charity Limited is regarded by the directors as being the company's ultimate parent company.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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