Company Registration No. 05258965 (England and Wales)
SHP MARKETING SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 October 2024
SHP MARKETING SOLUTIONS LIMITED
Unaudited accounts
Contents
SHP MARKETING SOLUTIONS LIMITED
Company Information
for the year ended 31 October 2024
Directors
M A PAU
AMIT PAU
Company Number
05258965 (England and Wales)
Registered Office
3RD FLOOR VYMAN HOUSE
104 COLLEGE ROAD
HARROW
MIDDLESEX
HA1 1BQ
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
SHP MARKETING SOLUTIONS LIMITED
Statement of financial position
as at 31 October 2024
Tangible assets
62,938
75,836
Cash at bank and in hand
4,648,924
3,581,383
Creditors: amounts falling due within one year
(529,225)
(482,283)
Net current assets
4,121,253
3,117,213
Net assets
4,184,191
3,193,049
Called up share capital
100
100
Profit and loss account
4,184,091
3,192,949
Shareholders' funds
4,184,191
3,193,049
For the year ending 31 October 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 30 June 2025 and were signed on its behalf by
M A PAU
Director
Company Registration No. 05258965
SHP MARKETING SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 October 2024
SHP MARKETING SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05258965. The registered office is 3RD FLOOR VYMAN HOUSE, 104 COLLEGE ROAD, HARROW, MIDDLESEX, HA1 1BQ.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
33% Reducing balance
Computer equipment
20% Reducing balance
SHP MARKETING SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
122,489
15,605
22,812
160,906
Additions
-
108
7,167
7,275
At 31 October 2024
122,489
15,713
29,979
168,181
At 1 November 2023
53,272
15,020
16,778
85,070
Charge for the year
17,305
228
2,640
20,173
At 31 October 2024
70,577
15,248
19,418
105,243
At 31 October 2024
51,912
465
10,561
62,938
At 31 October 2023
69,217
585
6,034
75,836
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,565
2,304
Taxes and social security
358,013
325,511
Proposed dividends
39,900
69,900
Loans from directors
73,227
65,418
7
Transactions with related parties
At the balance sheet date the company owed the director £73,227 (2023: £65,418)
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).