ACCOUNTS - Final Accounts preparation

Registered number: SC692664

SHORE BOOKKEEPING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

SHORE BOOKKEEPING LIMITED

COMPANY INFORMATION

Director	Mr C G Higgins


Registered number	SC692664


Registered office	3 Dock Place
	Edinburgh
	EH6 6LU


Accountants	EQ Accountants Limited
	Chartered Accountants
	Pentland House
	Saltire Centre
	Glenrothes
	Fife
	KY6 2AH

SHORE BOOKKEEPING LIMITED

REGISTERED NUMBER: SC692664

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2025

		2025		2024
		£		£

Fixed assets
Tangible assets	4		75,566		63,623
			75,566		63,623
Current assets
Debtors: amounts falling due within one year	5	8,337		3,446
Bank and cash balances		67,775		71,561
		76,112		75,007
Creditors: amounts falling due within one year	6	(138,248)		(132,500)
Net current liabilities			(62,136)		(57,493)
Total assets less current liabilities			13,430		6,130
Provisions for liabilities
Deferred tax		(7,321)		(4,076)
			(7,321)		(4,076)
Net assets			6,109		2,054

Capital and reserves
Called up share capital	7	2	2
Profit and loss account		6,107	2,052
		6,109	2,054

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SHORE BOOKKEEPING LIMITED

REGISTERED NUMBER: SC692664

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr C G Higgins

Director

Date: 28 November 2025

The notes on pages 3 to 6 form part of these financial statements.

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SHORE BOOKKEEPING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Shore Bookkeeping Limited is a private company, limited by shares, incorporated in Scotland, with registration number SC692664. The registered office is 3 Dock Place, Edinburgh, EH6 6LU.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

At the the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

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SHORE BOOKKEEPING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings	-	20%
Office equipment	-	20%
Tenants Improvements	-	2%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

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SHORE BOOKKEEPING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Employees

The average monthly number of employees, including directors, during the year was 10 (2024 - 10).

4.	Tangible fixed assets

	Fixtures and fittings	Office equipment	Tenants Improve-ments	Total
	£	£	£	£
Cost or valuation
At 1 May 2024	912	11,874	54,615	67,401
Additions	1,486	15,312	-	16,798
At 30 April 2025	2,398	27,186	54,615	84,199
Depreciation
At 1 May 2024	35	3,517	226	3,778
Charge for the year on owned assets	454	3,309	1,092	4,855
At 30 April 2025	489	6,826	1,318	8,633
Net book value
At 30 April 2025	1,909	20,360	53,297	75,566
At 30 April 2024	877	8,357	54,389	63,623

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SHORE BOOKKEEPING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Debtors

					2025	2024
					£	£


Trade debtors	2,631	1,460
Other debtors	3,855	1,502
Prepayments and accrued income	1,851	484
	8,337	3,446

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	3,047	1,578
Other taxation and social security	56,998	57,339
Other creditors	75,828	71,333
Accruals and deferred income	2,375	2,250
	138,248	132,500

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

2 (2024 - 2) Ordinary shares of £1.00 each	2	2

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