1 March 2022 false No description of principal activity Taxfiler 2023.10 11212940business:PrivateLimitedCompanyLtd2022-03-012023-02-28 112129402022-02-28 11212940business:EntityNoLongerTradingButTradedInPast2022-03-012023-02-28 112129402022-03-012023-02-28 11212940business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 11212940business:FilletedAccounts2022-03-012023-02-28 112129402023-02-28 112129402022-02-28 11212940core:WithinOneYear2023-02-28 11212940core:WithinOneYear2022-02-28 11212940core:AfterOneYear2023-02-28 11212940core:AfterOneYear2022-02-28 11212940core:SharePremiumcore:PreviouslyStatedAmount2023-02-28 11212940core:SharePremiumcore:PreviouslyStatedAmount2022-02-28 11212940core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11212940core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 11212940core:PreviouslyStatedAmount2023-02-28 11212940core:PreviouslyStatedAmount2022-02-28 11212940business:SmallEntities2022-03-012023-02-28 11212940business:Director12022-03-012023-02-28 11212940countries:EnglandWales2022-03-012023-02-28 11212940business:RegisteredOffice2022-03-012023-02-28 11212940core:WithinOneYear2022-03-012023-02-28 11212940core:AfterOneYear2022-03-012023-02-28 112129402021-03-012022-02-28 iso4217:GBP xbrli:pure
SHYAMBIS INTERNATIONAL LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
- 
168,240 
Current assets
Cash at bank and in hand
21,248 
- 
Creditors: amounts falling due within one year
(3,044)
(134,074)
Net current assets/(liabilities)
18,204 
(134,074)
Total assets less current liabilities
18,204 
34,166 
Creditors: amounts falling due after more than one year
(19,490)
(35,673)
Net liabilities
(1,286)
(1,507)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(1,386)
(1,607)
Shareholders' funds
(1,286)
(1,507)
For the year ending 28 February 2023 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 17 November 2023 and were signed on its behalf by
Avik Biswas Director Company Registration No. 11212940
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SHYAMBIS INTERNATIONAL LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
SHYAMBIS INTERNATIONAL LTD is a private company, limited by shares, registered in England and Wales, registration number 11212940. The registered office is 12 MANFORD CLOSE, CHIGWELL, IG7 4AP, 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.
3
Accounting policies
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.
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.
4
Investment property
2023 
£ 
Fair value at 1 March 2022
168,240 
Additions
(40,240)
Disposals
(128,000)
At 28 February 2023
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,608 
107,751 
Taxes and social security
3,336 
- 
Loans from directors
(9,900)
26,323 
3,044 
134,074 
No security for the bounce back loan of £9,608 repayable in 1 year.
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,490 
35,673 
No security for this remaining bounce back loan of 19,490.
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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