Company registration number: 14928295
Unaudited financial statements
for the period ended 30 June 2024
for
Shuffle Finance Ltd
Pages for filing with the Registrar
Company registration number: 14928295
Shuffle Finance Ltd
Balance sheet
as at 30 June 2024
Note £ £
Fixed assets
Intangible assets 4 314
Tangible assets 5 4,718
5,032
Current assets
Debtors 54,786
Cash at bank and in hand 616,481
671,267
Creditors: amounts falling due within one
year
(24,222)
Net current assets 647,045
Total assets less current liabilities 652,077
Creditors: Amounts falling due after more
than one year
(1,113,000)
NET LIABILITIES (460,923)
Capital and reserves
Called up share capital 2
Profit and loss account (460,925)
TOTAL EQUITY (460,923)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 30 June 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 14928295
Shuffle Finance Ltd
Balance sheet - continued
as at 30 June 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 2 May 2025 and signed on its behalf by:
Mr E Ottens, Director
2 May 2025
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Shuffle Finance Ltd
Notes to the financial statements
for the period ended 30 June 2024
1 Company information
Shuffle Finance Ltd is a private company registered in England and Wales. Its registered number is 14928295. The company is limited by shares. Its registered office is 27 Old Gloucester Street, London, WC1N 3AX.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Patents and licences - 25% reducing balance
3
Shuffle Finance Ltd
Notes to the financial statements - continued
for the period ended 30 June 2024
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Computer equipment - 25% reducing balance
Financial instruments
Financial instruments are measured at fair value through profit or loss, with any gains or losses on revaluation included directly in the income statement.



This applies to one class of debt instrument with repayment linked to borrower revenue and discounted services offered to customers introduced by Shuffle Finance Ltd. The discount on services is paid for by Shuffle Finance Ltd.
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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the period the average number of employees was 4.
4 Intangible assets
Other
intangible
assets
£
Cost
Additions 366
At 30 June 2024 366
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Shuffle Finance Ltd
Notes to the financial statements - continued
for the period ended 30 June 2024
4 Intangible assets - continued
Amortisation
Charge for period 52
At 30 June 2024 52
Net book value
At 30 June 2024 314
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
Additions 5,517
At 30 June 2024 5,517
Depreciation
Charge for period 799
At 30 June 2024 799
Net book value
At 30 June 2024 4,718
6 Financial instruments
As at 30 June 2024, an asset in the debt instrument class had been recognised with a fair value of £40,000. This includes a £20,000 gain that was recognised on revaluation and has been included directly in the income statement. All amounts have subsequently been repaid, with the final payment in January 2025.
As at 30 June 2024, a liability for customer discounts had been recognised with a fair value of £8,000. A corresponding £8,000 expense has been included directly in the income statement. This liability becomes payable as the debt instrument is repaid by the borrower, and as such, the entire amount has subsequently been paid.
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