Company Registration No. 08933208 (England and Wales)
SHOP LOCAL LIMITED
Unaudited accounts
for the year ended 31 March 2025
SHOP LOCAL LIMITED
Unaudited accounts
Contents
SHOP LOCAL LIMITED
Company Information
for the year ended 31 March 2025
Director
MEHULKUMAR SURESHBHAI PATEL
Company Number
08933208 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET
LONDON
WC1N 3AX
SHOP LOCAL LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
12,718
16,033
Cash at bank and in hand
127,219
101,904
Creditors: amounts falling due within one year
(195,837)
(51,241)
Net current (liabilities)/assets
(6,649)
146,677
Total assets less current liabilities
6,069
162,710
Creditors: amounts falling due after more than one year
(14,235)
(35,607)
Net (liabilities)/assets
(8,166)
127,103
Called up share capital
30,000
30,000
Profit and loss account
(38,166)
97,103
Shareholders' funds
(8,166)
127,103
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 22 September 2025 and were signed on its behalf by
MEHULKUMAR SURESHBHAI PATEL
Director
Company Registration No. 08933208
SHOP LOCAL LIMITED
Notes to the Accounts
for the year ended 31 March 2025
SHOP LOCAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08933208. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Depreciation @ 15% straight line method has been provided.
Plant & machinery
15% straight line method, 25% straight line method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
25,725
17,100
42,825
At 31 March 2025
25,725
17,100
42,825
At 1 April 2024
24,227
2,565
26,792
Charge for the year
750
2,565
3,315
At 31 March 2025
24,977
5,130
30,107
At 31 March 2025
748
11,970
12,718
At 31 March 2024
1,498
14,535
16,033
SHOP LOCAL LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
(6,851)
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
29,558
9,847
Other creditors
60,368
43,459
Loans from directors
116,425
-
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
5,567
9,871
Taxes and social security
-
6,640
Money owed to the Directors.
Allotted, called up and fully paid:
30,000 Ordinary shares of £1 each
30,000
30,000
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).