Shadow Book Limited - Limited company accounts 18.2

REGISTERED NUMBER: 05458668

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 May 2019

for

Shadow Book Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

W J Smith

Mrs S A Smith

SECRETARY:

Mrs S A Smith

REGISTERED OFFICE:

2 Eliott Vale

London

SE3 0UU

REGISTERED NUMBER:

05458668

ACCOUNTANTS:

CMG Associates

Chartered Accountants

5th Floor, Chalfont Square

Old Foundry Road

Ipswich

Suffolk

IP4 2AJ

The directors present their report with the financial statements of the company for the year ended 31 May 2019.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 June 2018 to the date of this report.

W J Smith

Mrs S A Smith

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

W J Smith - Director

22 February 2020

TURNOVER

-

Administrative expenses

50,071

59,810

OPERATING LOSS and

LOSS BEFORE TAXATION

(50,071

)

(59,810

)

Tax on loss

-

LOSS FOR THE FINANCIAL YEAR

(50,071

)

(59,810

)

FIXED ASSETS

Tangible assets

4

925

1,156

Investments

5

1,952,875

1,953,800

1,954,031

CREDITORS

Amounts falling due within one year

6

2,942,577

2,892,737

NET CURRENT LIABILITIES

(2,942,577

)

(2,892,737

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(988,777

)

(938,706

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(988,779

)

(938,708

)

(988,777

)

(938,706

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 February 2020 and were signed on its behalf
by:

W J Smith - Director

1.	STATUTORY INFORMATION

Shadow Book Limited is a private company, limited by shares , registered in Not specified/Other. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

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.

3.	OPERATING LOSS

The operating loss is stated after charging:

2019

2018

£

Depreciation - owned assets

231

289

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2018

and 31 May 2019

16,770

DEPRECIATION

At 1 June 2018

15,614

Charge for year

231

At 31 May 2019

15,845

NET BOOK VALUE

At 31 May 2019

925

At 31 May 2018

1,156

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 June 2018

and 31 May 2019

1,952,875

NET BOOK VALUE

At 31 May 2019

1,952,875

At 31 May 2018

1,952,875

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Other creditors

2,942,577

2,892,737