0 15 September 2025 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 1,628,125 550,000 450,000 1,000,000 628,125 1,078,125 xbrli:pure xbrli:shares iso4217:GBP 01430798 2024-01-01 2024-12-31 01430798 2024-12-31 01430798 2023-12-31 01430798 2023-01-01 2023-12-31 01430798 2023-12-31 01430798 2022-12-31 01430798 bus:Director7 2024-01-01 2024-12-31 01430798 core:WithinOneYear 2024-12-31 01430798 core:WithinOneYear 2023-12-31 01430798 core:ShareCapital 2024-12-31 01430798 core:ShareCapital 2023-12-31 01430798 core:RetainedEarningsAccumulatedLosses 2024-12-31 01430798 core:RetainedEarningsAccumulatedLosses 2023-12-31 01430798 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 01430798 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2023-12-31 01430798 core:ImpairmentLossProvisionsForImpairmentInvestments core:Non-currentFinancialInstruments 2024-12-31 01430798 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2024-12-31 01430798 core:Non-currentFinancialInstruments 2024-12-31 01430798 core:Non-currentFinancialInstruments 2023-12-31 01430798 bus:Director1 2024-01-01 2024-12-31 01430798 bus:SmallEntities 2024-01-01 2024-12-31 01430798 bus:Audited 2024-01-01 2024-12-31 01430798 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01430798 bus:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 01430798 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01430798 bus:FullAccounts 2024-01-01 2024-12-31
COMPANY REGISTRATION NUMBER: 01430798

SHOTWELL LIMITED

FILLETED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2024

SHOTWELL LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

| 2024 | 2023
Note | £ | £

Fixed Assets

Investments | 4 | 628,125 | 1,078,125

Current Assets

Debtors | 5 | 81 | 81
Cash at bank and in hand | 33,427 | 21,875
| -------- | --------
| 33,508 | 21,956

Creditors: amounts falling due within one year | 6 | 653,600 | 1,103,600
| --------- | ------------
Net Current Liabilities | 620,092 | 1,081,644
| --------- | ------------
Total Assets Less Current Liabilities | 8,033 | ( 3,519)
| ------- | -------
Net Assets/(Liabilities) | 8,033 | ( 3,519)
| ------- | -------

Capital and Reserves

Called up share capital | 81 | 81
Profit and loss account | 7,952 | ( 3,600)
| ------- | -------
Shareholders Funds/(Deficit) | 8,033 | ( 3,519)
| ------- | -------

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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 3 September 2025 , and are signed on behalf of the board by:

P D James
Director

Company registration number: 01430798

SHOTWELL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 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 Great Union Street, Hull, East Yorkshire, HU9 1AR.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.
4. Investments

| Other investments other than loans
| £
Cost |
At 1 January 2024 and 31 December 2024 | 1,628,125
| ------------
Impairment |
At 1 January 2024 | 550,000
Impairment losses | 450,000
| ------------
At 31 December 2024 | 1,000,000
| ------------

Carrying amount |
At 31 December 2024 | 628,125
| ------------
At 31 December 2023 | 1,078,125
| ------------

5. Debtors

| 2024 | 2023
| £ | £
Amounts owed by group undertakings | 81 | 81
| ---- | ----

6. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Amounts owed to group undertakings | 650,000 | 650,000
Other creditors | 3,600 | 453,600
| --------- | ------------
| 653,600 | 1,103,600
| --------- | ------------

7. Summary Audit Opinion
The auditor's report dated 15 September 2025 was unqualified .
The senior statutory auditor was Robert Anderson , for and on behalf of Streets Audit LLP .
8. Controlling Party
The immediate parent company is Kent Gamebore Corporation, incorporated in the United States of America. The ultimate parent company is Romith Investments Limited, incorporated in Canada. Romith Investments Limited is controlled by D M Rogers.