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Let me see if I can help and please remember to rate positive. The shop can contact the police should they so wish. It would not however be recorded without your knowledge. That said, and this is key for an item with such a small value this would usually be the end of the issue. The police are really not very interested in theft of such small value and nor are many shops as long as you do not attempt to visit them again. I would be very sure that this is the end of it. Please rate.
I would simply leave it. Let it go.
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If they report it then in all likelihood nothing would happen - up to 6 months.