1 October 2020 false No description of principal activity Taxfiler 2022.8.3 12860990business:PrivateLimitedCompanyLtd2020-10-012021-09-30 128609902020-09-30 128609902020-10-012021-09-30 12860990business:AuditExempt-NoAccountantsReport2020-10-012021-09-30 12860990business:FullAccounts2020-10-012021-09-30 128609902021-09-30 12860990business:Director12020-10-012021-09-30 12860990business:RegisteredOffice2020-10-012021-09-30 12860990core:WithinOneYear2021-09-30 12860990core:AfterOneYear2021-09-30 12860990core:ShareCapital2021-09-30 12860990core:RetainedEarningsAccumulatedLosses2021-09-30 12860990business:SmallEntities2020-10-012021-09-30 12860990countries:EnglandWales2020-10-012021-09-30 12860990core:MotorVehicles2020-09-30 12860990core:MotorVehicles2020-10-012021-09-30 12860990core:MotorVehicles2021-09-30 iso4217:GBP xbrli:pure
Company Registration No. 12860990 (England and Wales)
SHERA BAZAR LTD Unaudited accounts for the year ended 30 September 2021
SHERA BAZAR LTD Unaudited accounts Contents
Page
- 2 -
SHERA BAZAR LTD Company Information for the year ended 30 September 2021
Director
SAKER AHMED
Company Number
12860990 (England and Wales)
Registered Office
238 COMMERCIAL ROAD LONDON E1 2NB ENGLAND
- 3 -
SHERA BAZAR LTD Statement of financial position as at 30 September 2021
2021 
Notes
£ 
Fixed assets
Tangible assets
18,140 
Current assets
Inventories
36,556 
Cash at bank and in hand
12,724 
49,280 
Creditors: amounts falling due within one year
(10,275)
Net current assets
39,005 
Total assets less current liabilities
57,145 
Creditors: amounts falling due after more than one year
(48,194)
Net assets
8,951 
Capital and reserves
Called up share capital
100 
Profit and loss account
8,851 
Shareholders' funds
8,951 
For the year 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 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 6 September 2022 and were signed on its behalf by
SAKER AHMED Director Company Registration No. 12860990
- 4 -
SHERA BAZAR LTD Notes to the Accounts for the year ended 30 September 2021
1
Statutory information
SHERA BAZAR LTD is a private company, limited by shares, registered in England and Wales, registration number 12860990. The registered office is 238 COMMERCIAL ROAD, LONDON, E1 2NB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 October 2020
- 
Additions
18,140 
At 30 September 2021
18,140 
Depreciation
At 30 September 2021
- 
Net book value
At 30 September 2021
18,140 
5
Creditors: amounts falling due within one year
2021 
£ 
VAT
(2,254)
Trade creditors
7,778 
Taxes and social security
2,553 
Accruals
2,198 
10,275 
- 5 -
SHERA BAZAR LTD Notes to the Accounts for the year ended 30 September 2021
6
Creditors: amounts falling due after more than one year
2021 
£ 
Loans from directors
48,194 
7
Average number of employees
During the year the average number of employees was 7.
- 6 -