Shrewsbury Exchange Limited

Registered Number: 14722007 Shrewsbury Exchange Limited
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	30,452	8,165
		30,452	8,165
Current assets
Stocks	4	2,430	3,450
Debtors	5	38,499	14,813
Cash at bank and in hand		39,643	47,019
		80,572	65,282
Creditors: amount falling due within one year	6	(52,111)	(51,412)
Net current assets		28,461	13,870

Total assets less current liabilities		58,913	22,035
Net assets		58,913	22,035

Capital and reserves
Called up share capital		100	100
Profit and loss account		58,813	21,935
Shareholders' funds		58,913	22,035

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 30 December 2025 and were signed by:

-------------------------------
Mr Traian Bosca
Director

Shrewsbury Exchange Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Shrewsbury Exchange Limited is a private company, limited by shares, registered in England and Wales, registration number 14722007, registration address 40 Vicarage Road, Edgbaston, Birmingham, B15 3EZ. The trading address of the company is 1 Bellstone, Shrewsbury, SY1 1HU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	15% Straight Line
Computer Equipment	20% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 11 (2024 : 11).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	9,532	79	9,611
Additions	27,916	-	27,916
Disposals	-	-	-
At 31 March 2025	37,448	79	37,527
Depreciation
At 01 April 2024	1,430	16	1,446
Charge for year	5,629	-	5,629
On disposals	-	-	-
At 31 March 2025	7,059	16	7,075
Net book values
Closing balance as at 31 March 2025	30,389	63	30,452
Opening balance as at 01 April 2024	8,102	63	8,165

Stocks

	2025 £		2024 £
Stocks	2,430		3,450
	2,430		3,450

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	-	3,159
Amount Owed by Group Undertakings	29,440	-
Prepayments & Accrued Income	9,059	9,059
VAT	-	2,595
	38,499	14,813

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	9,574	44,157
Amounts Owed to Group Undertakings	10,000	-
Corporation Tax	6,653	3,230
PAYE & Social Security	14,172	1,710
Accrued Expenses	182	182
Other Creditors	2,880	-
Workplace Pension Control	-	133
Directors' Current Accounts	101	2,000
VAT	8,549	-
	52,111	51,412

Registered Number: 14722007
England and Wales
SHREWSBURY EXCHANGE LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025