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REGISTERED NUMBER: 06981498 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

Shehla Ltd

Shehla Ltd (Registered number: 06981498)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

Shehla Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr Ahsan Hanif Ansari





REGISTERED OFFICE: 143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU





REGISTERED NUMBER: 06981498 (England and Wales)





ACCOUNTANTS: Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU

Shehla Ltd (Registered number: 06981498)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 134,000 134,000
Property, plant and equipment 5 15,389 18,412
149,389 152,412

CURRENT ASSETS
Inventories 6 22,480 35,475
Debtors 7 222,210 11,028
Cash at bank and in hand 199,824 404,419
444,514 450,922
CREDITORS
Amounts falling due within one year 8 143,646 170,877
NET CURRENT ASSETS 300,868 280,045
TOTAL ASSETS LESS CURRENT
LIABILITIES

450,257

432,457

CREDITORS
Amounts falling due after more than
one year

9

29,167

39,178
NET ASSETS 421,090 393,279

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 420,990 393,179
SHAREHOLDERS' FUNDS 421,090 393,279

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Shehla Ltd (Registered number: 06981498)

Statement of Financial Position - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 October 2023 and were signed by:





Mr Ahsan Hanif Ansari - Director


Shehla Ltd (Registered number: 06981498)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Shehla Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 134,000
NET BOOK VALUE
At 31 July 2023 134,000
At 31 July 2022 134,000

Shehla Ltd (Registered number: 06981498)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2022 615 88,928 2,845 92,388
Additions - - 747 747
At 31 July 2023 615 88,928 3,592 93,135
DEPRECIATION
At 1 August 2022 300 72,231 1,445 73,976
Charge for year 63 3,340 367 3,770
At 31 July 2023 363 75,571 1,812 77,746
NET BOOK VALUE
At 31 July 2023 252 13,357 1,780 15,389
At 31 July 2022 315 16,697 1,400 18,412

6. INVENTORIES
31.7.23 31.7.22
£    £   
Stocks 22,480 35,475

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other Debtors 215,460 -
Value Added Tax 6,750 11,028
222,210 11,028

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade Creditors 63,031 85,248
Corporation Tax 15,624 19,939
Social security and other taxes 74 2
Pension 803 -
Director's Current Account 64,114 65,688
143,646 170,877

Shehla Ltd (Registered number: 06981498)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.23 31.7.22
£    £   
Loan Account 29,167 39,178

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary shares £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 August 2022 393,179
Profit for the year 59,811
Dividends (32,000 )
At 31 July 2023 420,990

Shehla Ltd

Report of the Accountants to the Director of
Shehla Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 July 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU


Date: .............................................