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Registered number: 11720086
Shoty Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Kensington Advisors Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11720086
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 31,500 35,000
Tangible Assets 5 22,135 26,099
53,635 61,099
CURRENT ASSETS
Stocks 6 8,430 8,212
Debtors 7 97,524 97,851
Cash at bank and in hand 24,302 43,942
130,256 150,005
Creditors: Amounts Falling Due Within One Year 8 (145,372 ) (156,059 )
NET CURRENT ASSETS (LIABILITIES) (15,116 ) (6,054 )
TOTAL ASSETS LESS CURRENT LIABILITIES 38,519 55,045
Creditors: Amounts Falling Due After More Than One Year 9 - (22,500 )
NET ASSETS 38,519 32,545
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 38,419 32,445
SHAREHOLDERS' FUNDS 38,519 32,545
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Akakiy Pataridze
Director
17/06/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Shoty Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11720086 . The registered office is 30 Old Brompton Road, London, SW7 3DL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property asset is a Lease Premium. It is amortised to the profit and loss account over its estimated economic life of 15 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Straight Line 10 years
Plant & Machinery Straight Line 8 years
Fixtures & Fittings Straight Line 10 years
Computer Equipment 33% Reducing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 7)
12 7
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 January 2025 52,500
As at 31 December 2025 52,500
Amortisation
As at 1 January 2025 17,500
Provided during the period 3,500
As at 31 December 2025 21,000
Net Book Value
As at 31 December 2025 31,500
As at 1 January 2025 35,000
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 17,986 15,113 12,494 2,415 48,008
Additions - 1,810 - - 1,810
As at 31 December 2025 17,986 16,923 12,494 2,415 49,818
Depreciation
As at 1 January 2025 7,468 8,514 4,259 1,668 21,909
Provided during the period 1,799 2,115 1,250 610 5,774
As at 31 December 2025 9,267 10,629 5,509 2,278 27,683
Net Book Value
As at 31 December 2025 8,719 6,294 6,985 137 22,135
As at 1 January 2025 10,518 6,599 8,235 747 26,099
6. Stocks
2025 2024
£ £
Materials 8,430 8,212
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 6,424 8,851
Other debtors - Orera Ltd 49,100 47,000
55,524 55,851
Due after more than one year
Other debtors - Rent Deposit 42,000 42,000
97,524 97,851
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,734 5,915
Bank loans and overdrafts 12,500 -
Corporation tax 3,280 3,411
Other taxes and social security 4,905 11,294
VAT 28,802 28,558
Net wages 6,430 9,030
Director's loan account 86,721 97,851
145,372 156,059
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 22,500
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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