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REGISTERED NUMBER: 09046693 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Shakespeare's Shoreditch Limited

Shakespeare's Shoreditch Limited (Registered number: 09046693)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Statement of Financial Position 4

Notes to the Financial Statements 5


Shakespeare's Shoreditch Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A Bard
S Bard
T Bard
R Bard





REGISTERED OFFICE: The Roma Building
32/38 Scrutton Street
Bishopsgate
London
EC2A 4RQ





REGISTERED NUMBER: 09046693 (England and Wales)

Shakespeare's Shoreditch Limited (Registered number: 09046693)

Report of the Directors
for the Year Ended 31 December 2024

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of commercial investment holding.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

A Bard
S Bard
T Bard
R Bard

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S Bard - Director


13 August 2025

Shakespeare's Shoreditch Limited (Registered number: 09046693)

Income Statement
for the Year Ended 31 December 2024

2024 2023
£    £   

Turnover - -

Administrative expenses (7,374 ) (9,100 )
Operating loss (7,374 ) (9,100 )

Fair value gains and losses on
investments in associates 185,191 (331,333 )
Profit/(loss) before taxation 177,817 (340,433 )

Tax on profit/(loss) - -
Profit/(loss) for the financial year 177,817 (340,433 )

Shakespeare's Shoreditch Limited (Registered number: 09046693)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investments 4 989,624 804,433

Current assets
Cash at bank 3,275 5,299

Creditors
Amounts falling due within one year 5 23,023 17,673
Net current liabilities (19,748 ) (12,374 )
Total assets less current liabilities 969,876 792,059

Capital and reserves
Called up share capital 4 4
Profit and loss reserves 969,872 792,055
969,876 792,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by:





S Bard - Director


Shakespeare's Shoreditch Limited (Registered number: 09046693)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. Statutory information

Shakespeare's Shoreditch Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 09046693 and its registered address is The Roma Building, 32/38 Scrutton Street, London, EC2A 4RQ.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102"), the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime, and under the historical cost convention, modified to include investment in associates at fair value.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.


Shakespeare's Shoreditch Limited (Registered number: 09046693)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments in associate
Interests in associates are initially measured at transaction price, excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. Transaction costs are expensed to profit or loss as incurred.

Cash at bank and in hand
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, and other short-term liquid investments with original maturities of three months or less.

3. Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

4. Fixed asset investments
Other
investments
£   
Cost
At 1 January 2024 804,433
Revaluations 185,191
At 31 December 2024 989,624
Net book value
At 31 December 2024 989,624
At 31 December 2023 804,433

Fixed asset investments are made up of an investment in The Stage Shoreditch (Curtain Theatre) GP Limited held at fair value of £-22,128 (2023: £-123,060), and an investment in The Stage Shoreditch (Curtain Theatre) Limited Partnership held at fair value of £1,011,752 (2023: £927,493).

Shakespeare's Shoreditch Limited (Registered number: 09046693)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. Creditors: amounts falling due within one year
2024 2023
£    £   
Other creditors 23,023 17,673