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REGISTERED NUMBER: 04909788 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Share To Buy Limited

Share To Buy Limited (Registered number: 04909788)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Share To Buy Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S Dwelley
E Cartlidge
E A Woods





SECRETARY: S Dwelley





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 04909788 (England and Wales)





AUDITORS: Cartwrights
Chartered Accountants and Business Advisors
Statutory Auditor
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Share To Buy Limited (Registered number: 04909788)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 162,160 119,837

CURRENT ASSETS
Debtors 6 136,019 167,875
Cash at bank 285,515 239,184
421,534 407,059
CREDITORS
Amounts falling due within one year 7 379,142 301,598
NET CURRENT ASSETS 42,392 105,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,552

225,298

PROVISIONS FOR LIABILITIES 8 40,540 29,743
NET ASSETS 164,012 195,555

CAPITAL AND RESERVES
Called up share capital 82,004 82,004
Share premium 3,000 3,000
Retained earnings 79,008 110,551
SHAREHOLDERS' FUNDS 164,012 195,555

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:





S Dwelley - Director


Share To Buy Limited (Registered number: 04909788)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Share To Buy 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. 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.

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 represents net invoiced sales of services, excluding value added tax.

Revenue recognition - sale of services

Turnover is recognised when significant risks and rewards of ownership of the services 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.

Mortgage and other commissions are recognised at the point of receipt.

Advertising income is recognised over the period of advertising invoiced for.

Event income is recognised on the date of the event, which is considered the point of delivery.

All advertising and event income are credit sales.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost and 25% on cost

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 10 ) .

Share To Buy Limited (Registered number: 04909788)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 1,275 558,668 559,943
Additions - 117,055 117,055
Disposals - (2,907 ) (2,907 )
At 30 September 2024 1,275 672,816 674,091
DEPRECIATION
At 1 October 2023 1,275 438,831 440,106
Charge for year - 74,732 74,732
Eliminated on disposal - (2,907 ) (2,907 )
At 30 September 2024 1,275 510,656 511,931
NET BOOK VALUE
At 30 September 2024 - 162,160 162,160
At 30 September 2023 - 119,837 119,837

Computer equipment includes the cost of the company website.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 122,080 167,405
Other debtors 13,939 470
136,019 167,875

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade creditors 129,194 75,452
Taxation and social security 87,344 99,669
Other creditors 162,604 126,477
379,142 301,598

8. PROVISIONS FOR LIABILITIES
30/9/24 30/9/23
£    £   
Deferred tax 40,540 29,743

Share To Buy Limited (Registered number: 04909788)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 29,743
Charge to Income Statement during year 10,797
Balance at 30 September 2024 40,540

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

The Report of the Auditors was unqualified.

Andrew Hill FCA (Senior Statutory Auditor)
for and on behalf of Cartwrights

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £90,800 (2023 - £140,800) were paid to the directors .

At the balance sheet date the directors were owed £538 (2023: £538) by the company.

11. ULTIMATE CONTROLLING PARTY

No individual shareholder holds a majority of voting rights. Therefore, there is no ultimate controlling party by virtue of shareholdings.