Shakespeare Beds Limited - Filleted accounts

Shakespeare Beds Limited
Registered number:		05378533
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	170,181			161,010
Cash at bank and in hand		1,055,431			813,612
		1,225,612			974,622

Creditors: amounts falling due within one year	4	(572,654)			(322,403)

Net current assets			652,958			652,219

Net assets			652,958			652,219

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			651,958			651,219

Shareholders' funds			652,958			652,219

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Zahoor
Director
Approved by the board on 4 August 2025

Shakespeare Beds Limited
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	General Information and basis of preparation
	Shakespeare Beds Limited is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is given in the company information on page 1 of these financial statements. The financial statements have been prepared in accordance with applicable accounting standards including Financial Reporting Standard 102 The Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £000.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	5		5


3	Debtors	2025		2024
£			£

	Trade debtors	169,300		160,129
	Other debtors	881		881
		170,181		161,010


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	556,367		307,314
	Corporation tax	1,558		1,690
	Other taxes and social security costs	14,729		13,399
		572,654		322,403


5	Controlling party

	The ultimate control of the company lies with the two directors by virtue of their directorship and interest in the company.


6	Other information

	Shakespeare Beds Limited is a private company limited by shares and incorporated in England.