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REGISTERED NUMBER: 10662177 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE FAMOUS SHEFFIELD SHOP LIMITED

THE FAMOUS SHEFFIELD SHOP LIMITED (REGISTERED NUMBER: 10662177)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE FAMOUS SHEFFIELD SHOP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Ms J A Summers
C D Daley





REGISTERED OFFICE: 475 Ecclesall Road
SHEFFIELD
S11 8PP





REGISTERED NUMBER: 10662177 (England and Wales)





ACCOUNTANTS: Hollis and Co Limited
Chartered Accountants
35 Wilkinson Street
Sheffield
South Yorkshire
S10 2GB

THE FAMOUS SHEFFIELD SHOP LIMITED (REGISTERED NUMBER: 10662177)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 6,002 9,002
Tangible assets 5 12,506 15,632
18,508 24,634

CURRENT ASSETS
Stocks 49,096 53,351
Debtors 6 967 3,589
Cash at bank and in hand 116,441 91,651
166,504 148,591
CREDITORS
Amounts falling due within one year 7 22,453 18,996
NET CURRENT ASSETS 144,051 129,595
TOTAL ASSETS LESS CURRENT
LIABILITIES

162,559

154,229

CAPITAL AND RESERVES
Called up share capital 30,002 30,002
Retained earnings 132,557 124,227
SHAREHOLDERS' FUNDS 162,559 154,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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 Income Statement has not been delivered.

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



Ms J A Summers - Director


THE FAMOUS SHEFFIELD SHOP LIMITED (REGISTERED NUMBER: 10662177)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

The Famous Sheffield Shop 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

THE FAMOUS SHEFFIELD SHOP LIMITED (REGISTERED NUMBER: 10662177)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 30,002 1,095 31,097
AMORTISATION
At 1 April 2024 21,000 1,095 22,095
Charge for year 3,000 - 3,000
At 31 March 2025 24,000 1,095 25,095
NET BOOK VALUE
At 31 March 2025 6,002 - 6,002
At 31 March 2024 9,002 - 9,002

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 24,138
Additions 449
At 31 March 2025 24,587
DEPRECIATION
At 1 April 2024 8,506
Charge for year 3,575
At 31 March 2025 12,081
NET BOOK VALUE
At 31 March 2025 12,506
At 31 March 2024 15,632

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 967 3,589

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 11,806 8,789
Taxation and social security 7,965 7,173
Other creditors 2,682 3,034
22,453 18,996