REGISTERED NUMBER: 05013156 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

THE SHOE STATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R S Sidhu

R K Sidhu

REGISTERED OFFICE:

12 Station Parade

Richmond

TW9 3PZ

REGISTERED NUMBER:

05013156 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Property, plant and equipment

4

1,092

2,709

CURRENT ASSETS

Inventories

214,033

181,979

Debtors

5

18,413

772

Cash at bank and in hand

39,540

35,651

271,986

218,402

CREDITORS

Amounts falling due within one year

6

37,977

41,947

NET CURRENT ASSETS

234,009

176,455

TOTAL ASSETS LESS CURRENT LIABILITIES

235,101

179,164

CAPITAL AND RESERVES

Called up share capital

30

30

Retained earnings

235,071

179,134

235,101

179,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

R S Sidhu - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost and 10% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 14 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 February 2024

179,394

3,010

182,404

Additions

-

1,190

1,190

Disposals

-

(3,010

)

(3,010

)

At 31 January 2025

179,394

1,190

180,584

DEPRECIATION

At 1 February 2024

179,394

301

179,695

Charge for year

-

399

399

Eliminated on disposal

-

(602

)

(602

)

At 31 January 2025

179,394

98

179,492

NET BOOK VALUE

At 31 January 2025

-

1,092

1,092

At 31 January 2024

-

2,709

2,709

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,711

-

VAT

2,465

-

Prepayments

13,237

772

18,413

772

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

19,211

-

Amounts owed to group undertakings

2,966

-

Corporation Tax payable

11,119

29,323

VAT

-

5,388

Wages Payable

-

2,675

Director's current account

2,340

1,010

Accrued expenses

2,341

3,551

37,977

41,947

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £55,000 were paid to shareholders, of which £25,000 paid to HP Capital Limited.

From 12 September 2024, the company's ultimate parent undertaking is HP Capital Limited, a limited company incorporated in the United Kingdom.

At the balance sheet date, the company owed balance of £2,966 to HP Capital Limited, a related group company. There is no specific terms for interest and repayment of loan.