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Company Registration No. 07326209 (England and Wales)
SECRET STORE LIMITED Unaudited accounts for the year ended 31 December 2024
SECRET STORE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SECRET STORE LIMITED Company Information for the year ended 31 December 2024
Directors
Adam Kirk Christopher Narey
Company Number
07326209 (England and Wales)
Registered Office
Unit 3g The Peanut Factory 56 DACE ROAD LONDON E3 2NG UNITED KINGDOM
- 3 -
SECRET STORE LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
- 
747 
Current assets
Inventories
5
189,124 
177,559 
Debtors
6
4,080 
4,080 
Cash at bank and in hand
839,157 
591,635 
1,032,361 
773,274 
Creditors: amounts falling due within one year
7
(554,222)
(506,564)
Net current assets
478,139 
266,710 
Total assets less current liabilities
478,139 
267,457 
Creditors: amounts falling due after more than one year
8
- 
(23,925)
Net assets
478,139 
243,532 
Capital and reserves
Called up share capital
125 
125 
Profit and loss account
478,014 
243,407 
Shareholders' funds
478,139 
243,532 
For the year ending 31 December 2024 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 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 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 of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by
Adam Kirk Director Company Registration No. 07326209
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SECRET STORE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
SECRET STORE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07326209. The registered office is Unit 3g The Peanut Factory, 56 DACE ROAD, LONDON, E3 2NG, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33.33% SL
Computer equipment
25% SL
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SECRET STORE LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
30,340 
2,988 
33,328 
Additions
1,662 
- 
1,662 
At 31 December 2024
32,002 
2,988 
34,990 
Depreciation
At 1 January 2024
30,340 
2,241 
32,581 
Charge for the year
1,662 
747 
2,409 
At 31 December 2024
32,002 
2,988 
34,990 
Net book value
At 31 December 2024
- 
- 
- 
At 31 December 2023
- 
747 
747 
5
Inventories
2024 
2023 
£ 
£ 
Work in progress
189,124 
177,559 
189,124 
177,559 
The directors note that the closing stock figure reported in the financial statements for the year ended 31 December 2023 was overstated due to a miscalculation. The opening stock for 2024 has not been restated. The directors consider that correcting this prospectively does not affect the overall true and fair view of the financial statements, and accordingly the stock balance at 31 December 2024 has been recognised at its correct value.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
4,080 
4,080 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,536 
18,624 
Trade creditors
124,281 
236,227 
Taxes and social security
138,357 
52,058 
Other creditors
40,000 
- 
Loans from directors
217,693 
182,914 
Deferred income
21,355 
16,741 
554,222 
506,564 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
23,925 
- 6 -
SECRET STORE LIMITED Notes to the Accounts for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 13 (2023: 8).
- 7 -