Company Registration No. 12907278 (England and Wales)
Shakari Ltd
Unaudited accounts
for the period from 25 September 2020 to 30 September 2021
Shakari Ltd
Unaudited accounts
Contents
Shakari Ltd
Company Information
for the period from 25 September 2020 to 30 September 2021
Directors
Rajeev Sharma
Usha Sharma
Shaivya Sharma
Company Number
12907278 (England and Wales)
Registered Office
Congress House
14 Lyon Road
Suite 2, Floor 2
HA1 2EN
United Kingdom
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Shakari Ltd
Statement of financial position
as at 30 September 2021
Cash at bank and in hand
277,138
Creditors: amounts falling due within one year
(1,500)
Net current assets
275,638
Total assets less current liabilities
1,305,499
Creditors: amounts falling due after more than one year
(1,325,555)
Called up share capital
100
Profit and loss account
(20,156)
Shareholders' funds
(20,056)
For the period ending 30 September 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 20 June 2022 and were signed on its behalf by
Shaivya Sharma
Director
Company Registration No. 12907278
Shakari Ltd
Notes to the Accounts
for the period from 25 September 2020 to 30 September 2021
Shakari Ltd is a private company, limited by shares, registered in England and Wales, registration number 12907278. The registered office is Congress House, 14 Lyon Road, Suite 2, Floor 2, HA1 2EN, United Kingdom.
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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 25 September 2020
-
-
-
Additions
1,000,516
39,126
1,039,642
At 30 September 2021
1,000,516
39,126
1,039,642
Charge for the period
-
9,781
9,781
At 30 September 2021
-
9,781
9,781
At 30 September 2021
1,000,516
29,345
1,029,861
5
Creditors: amounts falling due within one year
2021
Shakari Ltd
Notes to the Accounts
for the period from 25 September 2020 to 30 September 2021
6
Creditors: amounts falling due after more than one year
2021
As at 30 September 2021, there was a balance owed to Peerglove Ltd of £600,000. Peerglove Ltd is under the control of Rajeev Sharma and Usha Sharma, who are directors of the company.
7
Average number of employees
During the period the average number of employees was 3.
