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Company Registration No. 08179701 (England and Wales)
I CAN MAKE SHOES LTD Unaudited accounts for the year ended 31 March 2026
I CAN MAKE SHOES LTD Unaudited accounts Contents
Page
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I CAN MAKE SHOES LTD Company Information for the year ended 31 March 2026
Director
Amanda Overs
Company Number
08179701 (England and Wales)
Registered Office
Studio 402 The Pillbox, 115 Coventry Rd, UNIT 402 London E2 6GH GB
Accountants
HG Accountants Ltd Trading as On The Spot Enfield Middlesex EN3 6XJ
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I CAN MAKE SHOES LTD Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Current assets
Inventories
15,710 
18,983 
Debtors
16,686 
40,153 
Cash at bank and in hand
82,342 
29,114 
114,738 
88,250 
Creditors: amounts falling due within one year
(17,718)
(16,798)
Net current assets
97,020 
71,452 
Total assets less current liabilities
97,020 
71,452 
Creditors: amounts falling due after more than one year
(431)
- 
Net assets
96,589 
71,452 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
96,588 
71,451 
Shareholders' funds
96,589 
71,452 
For the year ending 31 March 2026 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 director acknowledges her 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 and authorised for issue on 31 July 2026 and were signed on its behalf by
Amanda Overs Director Company Registration No. 08179701
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I CAN MAKE SHOES LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
I CAN MAKE SHOES LTD is a private company, limited by shares, registered in England and Wales, registration number 08179701. The registered office is Studio 402 The Pillbox, 115 Coventry Rd,, UNIT 402, London, E2 6GH, GB.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided on a straight line basis at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
50%
Fixtures & fittings
25%
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during its growth period.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Stock
Stock have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Revaluation Reserve
The Revaluation Reserve in the year correctly reflects the substance of the transaction.
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I CAN MAKE SHOES LTD Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
10,517 
6,140 
16,657 
At 31 March 2026
10,517 
6,140 
16,657 
Depreciation
At 1 April 2025
10,517 
6,140 
16,657 
At 31 March 2026
10,517 
6,140 
16,657 
Net book value
At 31 March 2026
- 
- 
- 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
4,438 
3,777 
Trade debtors
6,022 
1,228 
Amounts due from group undertakings etc.
- 
15,392 
Accrued income and prepayments
- 
7 
Other debtors
6,226 
19,749 
16,686 
40,153 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
5,452 
4,766 
Trade creditors
3,478 
5,388 
Taxes and social security
6,087 
2,703 
Other creditors
- 
336 
Loans from directors
1 
- 
Accruals
2,700 
3,605 
17,718 
16,798 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Other creditors
431 
- 
8
Average number of employees
During the year the average number of employees was 3 (2025: 3).
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