SHOWERKAP LTD


Directors	HARDING, Nicola Tracey
	HARDING, Stephen John
	HUNT, Carly


Registered Address	26 Berkeley Square
	Bristol
	BS8 1HP


Registered Number	14106210 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		139,079		123,984
			139,079		123,984
Current assets
Debtors		109,064		89,902
Cash at bank and on hand		9,125		271,384
		118,189		361,286
Creditors amounts falling due within one year	4	(704,747)		(309,929)
Net current assets (liabilities)			(586,558)		51,357
Total assets less current liabilities			(447,479)		175,341
Net assets			(447,479)		175,341
Capital and reserves
Called up share capital			115		115
Share premium			1,150,848		816,976
Profit and loss account			(1,598,442)		(641,750)
Shareholders' funds			(447,479)		175,341

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 financial statements were approved and authorised for issue by the Board of Directors on 23 January 2025, and are signed on its behalf by:

HARDING, Nicola Tracey
Director

HARDING, Stephen John
Director

HUNT, Carly
Director

Registered Company No. 14106210

SHOWERKAP LTD

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.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the 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.

	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:


	Reducing balance (%)	Straight line (years)
Plant and machinery	15	-
Office Equipment	-	3

2.	Average number of employees


		2024		2023
	Average number of employees during the year	3		2

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 24	122,590	6,086	128,676
Additions	36,582	-	36,582
At 31 December 24	159,172	6,086	165,258
Depreciation and impairment
At 01 January 24	4,011	681	4,692
Charge for year	19,458	2,029	21,487
At 31 December 24	23,469	2,710	26,179
Net book value
At 31 December 24	135,703	3,376	139,079
At 31 December 23	118,579	5,405	123,984

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	265,725	177,738
Bank borrowings and overdrafts	80,000	-
Taxation and social security	8,967	6,390
Other creditors	348,255	125,000
Accrued liabilities and deferred income	1,800	801
Total	704,747	309,929


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.