SHAMBOOZLE LIMITED


Directors	Sham Sundar MAHABIR
	James Andrew TOGUT


Registered Address	The Offices
	57 Newtown Road
	Hove
	BN3 7BA


Registered Number	11538584 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		136		170
Tangible assets	4		70,685		105,240
			70,821		105,410
Current assets
Stocks		7,000		7,000
Debtors		13,706		11,483
Cash at bank and on hand		135,785		73,546
		156,491		92,029
Creditors amounts falling due within one year		(198,210)		(140,775)
Net current assets (liabilities)			(41,719)		(48,746)
Total assets less current liabilities			29,102		56,664
Creditors amounts falling due after one year			(3,867)		(127,574)
Net assets			25,235		(70,910)
Capital and reserves
Called up share capital			425		425
Share premium			5,000		5,000
Profit and loss account			19,810		(76,335)
Shareholders' funds			25,235		(70,910)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 9 January 2025, and are signed on its behalf by:

James Andrew TOGUT
Director

Sham Sundar MAHABIR
Director

Registered Company No. 11538584

SHAMBOOZLE LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2024		2023
	Average number of employees during the year	14		12

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 January 24	340
	At 31 December 24	340
	Amortisation and impairment
	At 01 January 24	170
	Charge for year	34
	At 31 December 24	204
	Net book value
	At 31 December 24	136
	At 31 December 23	170

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	402,984
	Additions	27,277
	At 31 December 24	430,261
	Depreciation and impairment
	At 01 January 24	297,744
	Charge for year	61,832
	At 31 December 24	359,576
	Net book value
	At 31 December 24	70,685
	At 31 December 23	105,240