Registered number
08775034
ESHDHA LTD
Filleted Accounts
31 March 2023
ESHDHA LTD
Registered number: 08775034
Balance Sheet
as at 31 March 2023
Notes 2023 2021
£ £
Fixed assets
Tangible assets 3 169 10,242
Investments 4 501,945 395,164
502,114 405,406
Current assets
Debtors 5 16,206 25,722
Cash at bank and in hand 299,672 242,995
315,878 268,717
Creditors: amounts falling due within one year 6 (52,624) (51,721)
Net current assets 263,254 216,996
Total assets less current liabilities 765,368 622,402
Creditors: amounts falling due after more than one year 7 - (18,479)
Net assets 765,368 603,923
Capital and reserves
Called up share capital 1,400 1,400
Profit and loss account 763,968 602,523
Shareholders' funds 765,368 603,923
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr V Dhukaram
Director
Approved by the board on 23 August 2023
ESHDHA LTD
Notes to the Accounts
for the period from 1 December 2021 to 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2021
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 December 2021 6,570 38,090 44,660
At 31 March 2023 6,570 38,090 44,660
Depreciation
At 1 December 2021 5,849 28,569 34,418
Charge for the period 552 9,521 10,073
At 31 March 2023 6,401 38,090 44,491
Net book value
At 31 March 2023 169 - 169
At 30 November 2021 721 9,521 10,242
4 Investments
Other
investments
£
Cost
At 1 December 2021 395,164
Additions 106,781
At 31 March 2023 501,945
5 Debtors 2023 2021
£ £
Other debtors 16,206 25,722
6 Creditors: amounts falling due within one year 2023 2021
£ £
Trade creditors 6,000 3,000
Taxation and social security costs 46,506 40,519
Other creditors 118 8,202
52,624 51,721
7 Creditors: amounts falling due after one year 2023 2021
£ £
Other creditors - 18,479
8 Other information
ESHDHA LTD is a private company limited by shares and incorporated in England. Its registered office is:
429 Streetbrook Road
Solihull
West Midlands
B91 1RE
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