Company Registration No. 06948829 (England and Wales)
SHIKUN LTD
Unaudited accounts
for the year ended 30 June 2020
SHIKUN LTD
Unaudited accounts
Contents
SHIKUN LTD
Company Information
for the year ended 30 June 2020
Company Number
06948829 (England and Wales)
Registered Office
84 GLADESMORE ROAD
LONDON
N15 6TD
ENGLAND
Accountants
BEST BOOKS LTD
109 Leadale Road
London
N15 6BJ
SHIKUN LTD
Statement of financial position
as at 30 June 2020
Investment property
154,296
154,296
Cash at bank and in hand
2,911
3
Creditors: amounts falling due within one year
(146,826)
(149,124)
Net current liabilities
(140,636)
(145,842)
Called up share capital
1
1
Profit and loss account
13,659
8,453
Shareholders' funds
13,660
8,454
For the year ending 30 June 2020 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 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 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 25 March 2021 and were signed on its behalf by
Philip Gluck
Director
Company Registration No. 06948829
SHIKUN LTD
Notes to the Accounts
for the year ended 30 June 2020
SHIKUN LTD is a private company, limited by shares, registered in England and Wales, registration number 06948829. The registered office is 84 GLADESMORE ROAD, LONDON, N15 6TD, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 July 2019
154,296
6
Creditors: amounts falling due within one year
2020
2019
Other creditors
146,286
148,584
SHIKUN LTD
Notes to the Accounts
for the year ended 30 June 2020
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
