Company Registration No. 06353258 (England and Wales)
Shotopop Limited
Unaudited accounts
for the year ended 31 August 2024
Shotopop Limited
Unaudited accounts
Contents
Shotopop Limited
Company Information
for the year ended 31 August 2024
Directors
Carin Standford
Casper Franken
Company Number
06353258 (England and Wales)
Registered Office
Denmark House
143 High St
Chalfont St Peter
SL9 9QL
United Kingdom
Accountants
A D Pottie & Co Ltd
1 Church Street
Fintona
Tyrone
BT78 2BR
Shotopop Limited
Statement of financial position
as at 31 August 2024
Tangible assets
462,221
460,861
Cash at bank and in hand
1,221,309
1,427,320
Creditors: amounts falling due within one year
(223,799)
(143,554)
Net current assets
1,580,776
1,777,421
Total assets less current liabilities
2,042,997
2,238,282
Creditors: amounts falling due after more than one year
-
(316,697)
Net assets
2,042,997
1,921,585
Called up share capital
2
2
Profit and loss account
2,042,995
1,921,583
Shareholders' funds
2,042,997
1,921,585
For the year ending 31 August 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 23 April 2025 and were signed on its behalf by
Carin Standford
Director
Company Registration No. 06353258
Shotopop Limited
Notes to the Accounts
for the year ended 31 August 2024
Shotopop Limited is a private company, limited by shares, registered in England and Wales, registration number 06353258. The registered office is Denmark House, 143 High St, Chalfont St Peter, SL9 9QL, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Per annum reducing balance
Computer equipment
33% Per annum of cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Shotopop Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
438,200
33,455
25,881
497,536
Additions
-
-
12,973
12,973
At 31 August 2024
438,200
33,455
38,854
510,509
At 1 September 2023
-
20,127
16,548
36,675
Charge for the year
-
2,666
8,947
11,613
At 31 August 2024
-
22,793
25,495
48,288
At 31 August 2024
438,200
10,662
13,359
462,221
At 31 August 2023
438,200
13,328
9,333
460,861
Amounts falling due within one year
Trade debtors
252,524
169,671
Accrued income and prepayments
2,774
5,522
Other debtors
327,968
318,288
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
18,615
7,653
Taxes and social security
96,444
96,334
Other creditors
2,734
1,967
Loans from directors
2,091
35,985
7
Creditors: amounts falling due after more than one year
2024
2023
Shotopop Limited
Notes to the Accounts
for the year ended 31 August 2024
Allotted, called up and fully paid:
1 A Class Ordinary shares of £1 each
1
1
1 B Class Ordinary shares of £1 each
1
1
At 31 August 2024 the company owed the directors £2,091 (2023, £35,985). This is an interest bearing loan
repayable on demand. During the year the directors charged £928.63 interest to the company.
10
Transactions with related parties
In 2021 the Company lent Shotohouse Limited £301,680, this loan has been increased to £320,418 . This loan is still in place. Both companies have the same directors
and shareholders
11
Average number of employees
During the year the average number of employees was 12 (2023: 11).