2024-04-01 09700333 2025-03-31 09700333 2024-04-01 2025-03-31 09700333 2024-03-31 09700333 2023-04-01 2024-03-31 09700333 uk-core:WithinOneYear 2024-03-31 09700333 uk-core:WithinOneYear 2025-03-31 09700333 uk-core:ShareCapital 2025-03-31 09700333 uk-core:ShareCapital 2024-03-31 09700333 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 09700333 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 09700333 uk-bus:Director1 2024-04-01 2025-03-31 09700333 uk-core:FurnitureFittings 2024-04-01 2025-03-31 09700333 uk-core:WithinOneYear 2025-03-31 09700333 uk-core:WithinOneYear 2024-03-31 iso4217:GBP xbrli:pure 09700333 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09700333 uk-bus:FRS102 2024-04-01 2025-03-31 09700333 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 09700333 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Draft
Shop Assembly Limited
Registered Number:09700333
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 March 2025
Shop Assembly Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
09700333
As at 31 March 2025
Shop Assembly Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
889
1,186
2
889
1,186
Current assets
Inventories
50,916
37,575
3
6,086
Cash and cash equivalents
3,307
40,882
57,002
Trade and other payables: amounts falling due
within one year
(48,770)
(31,652)
4
8,232
9,230
Net current assets
Total assets less current liabilities
10,119
9,418
10,119
Net assets
9,418
Capital and reserves
Called up share capital
1
1
Retained earnings
10,118
9,417
10,119
9,418
Shareholders' funds
For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
A S Hick Director
These financial statements were approved and authorised for issue by the Board on 05 May 2025 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 March 2025
Shop Assembly Limited
Notes to the Financial Statements
Statutory Information
Shop Assembly Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 09700333.
Registered address:
8 Catherine Hill
Frome
Somerset
BA11 1BY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and
Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared
under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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5
Draft
For the year ended 31 March 2025
Shop Assembly Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
At 01 April 2024
5,000
At 31 March 2025
5,000
Provision for depreciation and impairmen
t
At 01 April 2024
3,814
Charge for year
297
At 31 March 2025
4,111
At 31 March 2025
Net book value
889
At 31 March 2024
1,186
3. Inventories
2024
2025
£
£
Stocks
37,575
50,916
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Bank loans and overdraft
19,855
10,854
Trade creditors
3,102
29,911
Taxation and social security
7,606
7,838
Other creditors
1,089
167
31,652
48,770
5. Average number of persons employed
During the year the average number of employees was 2 (2024 : 2)
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