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Company Registration No. 13540426 (England and Wales)
SHC Retail Ltd Unaudited accounts for the period from 30 July 2021 to 31 July 2022
SHC Retail Ltd Unaudited accounts Contents
Page
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SHC Retail Ltd Company Information for the period from 30 July 2021 to 31 July 2022
Director
Sarfraz Hussan Chand
Company Number
13540426 (England and Wales)
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SHC Retail Ltd Statement of financial position as at 31 July 2022
2022 
Notes
£ 
Fixed assets
Intangible assets
325,000 
Tangible assets
3,901 
328,901 
Current assets
Inventories
26,300 
Cash at bank and in hand
25,961 
52,261 
Creditors: amounts falling due within one year
(176,726)
Net current liabilities
(124,465)
Total assets less current liabilities
204,436 
Creditors: amounts falling due after more than one year
(178,136)
Net assets
26,300 
Capital and reserves
Called up share capital
100 
Profit and loss account
26,200 
Shareholders' funds
26,300 
For the period ending 31 July 2022 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 14 September 2023 and were signed on its behalf by
Sarfraz Hussan Chand Director Company Registration No. 13540426
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SHC Retail Ltd Notes to the Accounts for the period from 30 July 2021 to 31 July 2022
1
Statutory information
SHC Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 13540426.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 30 July 2021
- 
Additions
325,000 
At 31 July 2022
325,000 
Amortisation
At 30 July 2021
- 
At 31 July 2022
- 
Net book value
At 31 July 2022
325,000 
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SHC Retail Ltd Notes to the Accounts for the period from 30 July 2021 to 31 July 2022
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 30 July 2021
- 
- 
- 
Additions
3,100 
1,583 
4,683 
At 31 July 2022
3,100 
1,583 
4,683 
Depreciation
Charge for the period
465 
317 
782 
At 31 July 2022
465 
317 
782 
Net book value
At 31 July 2022
2,635 
1,266 
3,901 
6
Creditors: amounts falling due within one year
2022 
£ 
VAT
5,500 
Taxes and social security
6,218 
Other creditors
1,000 
Loans from directors
164,008 
176,726 
7
Creditors: amounts falling due after more than one year
2022 
£ 
Bank loans
141,136 
Amounts owed to group undertakings and other participating interests
37,000 
178,136 
8
Average number of employees
During the period the average number of employees was 2.
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