2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07032835 2023-10-01 2024-09-30 07032835 2024-09-30 07032835 2023-09-30 07032835 2022-10-01 2023-09-30 07032835 2023-09-30 07032835 2022-09-30 07032835 core:FurnitureFittings 2023-10-01 2024-09-30 07032835 bus:Director1 2023-10-01 2024-09-30 07032835 core:FurnitureFittings 2023-09-30 07032835 core:FurnitureFittings 2024-09-30 07032835 core:WithinOneYear 2024-09-30 07032835 core:WithinOneYear 2023-09-30 07032835 core:AfterOneYear 2024-09-30 07032835 core:AfterOneYear 2023-09-30 07032835 core:ShareCapital 2024-09-30 07032835 core:ShareCapital 2023-09-30 07032835 core:RetainedEarningsAccumulatedLosses 2024-09-30 07032835 core:RetainedEarningsAccumulatedLosses 2023-09-30 07032835 core:FurnitureFittings 2023-09-30 07032835 bus:SmallEntities 2023-10-01 2024-09-30 07032835 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 07032835 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07032835 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07032835 bus:FullAccounts 2023-10-01 2024-09-30 07032835 core:OfficeEquipment 2023-10-01 2024-09-30 07032835 core:OfficeEquipment 2023-09-30 07032835 core:OfficeEquipment 2024-09-30
COMPANY REGISTRATION NUMBER: 07032835
Next Shoot Ltd
Filleted Unaudited Financial Statements
30 September 2024
Next Shoot Ltd
Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
9,674
17,914
Current assets
Debtors
6
65,530
72,375
Cash at bank and in hand
326,302
331,989
---------
---------
391,832
404,364
Creditors: amounts falling due within one year
7
69,764
82,404
---------
---------
Net current assets
322,068
321,960
---------
---------
Total assets less current liabilities
331,742
339,874
Creditors: amounts falling due after more than one year
8
6,744
17,083
---------
---------
Net assets
324,998
322,791
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
324,898
322,691
---------
---------
Shareholders funds
324,998
322,791
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Next Shoot Ltd
Statement of Financial Position (continued)
30 September 2024
These financial statements were approved by the board of directors and authorised for issue on 26 June 2025 , and are signed on behalf of the board by:
Mr D Sutherland
Director
Company registration number: 07032835
Next Shoot Ltd
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Songhurst, Thornhill Road, Ashurst Wood, East Grinstead, East Sussex, RH19 3SL, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% straight line
Equipment
-
25% straight line
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Tangible assets
Fixtures and fittings
Equipment
Total
£
£
£
Cost
At 1 October 2023
7,711
80,964
88,675
Additions
628
628
-------
--------
--------
At 30 September 2024
7,711
81,592
89,303
-------
--------
--------
Depreciation
At 1 October 2023
6,614
64,147
70,761
Charge for the year
406
8,462
8,868
-------
--------
--------
At 30 September 2024
7,020
72,609
79,629
-------
--------
--------
Carrying amount
At 30 September 2024
691
8,983
9,674
-------
--------
--------
At 30 September 2023
1,097
16,817
17,914
-------
--------
--------
6. Debtors
2024
2023
£
£
Trade debtors
45,377
20,992
Other debtors
20,153
51,383
--------
--------
65,530
72,375
--------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,339
10,084
Trade creditors
13,222
32,924
Corporation tax
24,573
21,452
Social security and other taxes
18,166
13,262
Other creditors
3,464
4,682
--------
--------
69,764
82,404
--------
--------
8. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
6,744
17,083
-------
--------