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REGISTERED NUMBER: 11366810 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 May 2023

for

A. K. Shimla Ltd

A. K. Shimla Ltd (Registered number: 11366810)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

A. K. Shimla Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: M Ibrahim





SECRETARY: M Ibrahim





REGISTERED OFFICE: 722 St Mary's Street
Newport
Telford
Shropshire
TF10 7AB





REGISTERED NUMBER: 11366810 (England and Wales)





ACCOUNTANTS: Marneros Marcus & Co Ltd
Chartered Certified Accountants
First floor, Hagley Court
40 Vicarage Road
Edgbaston
Birmingham
West Midlands
B15 3EZ

A. K. Shimla Ltd (Registered number: 11366810)

Balance Sheet
31 May 2023

2023 2022
Notes £ £
CURRENT ASSETS
Stocks 345 370
Debtors 4 1 1
Cash at bank and in hand 5 4,870 13,637
5,216 14,008
CREDITORS
Amounts falling due within one year 6 12,839 13,041
NET CURRENT (LIABILITIES)/ASSETS (7,623 ) 967
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,623

)

967

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (7,624 ) 966
SHAREHOLDERS' FUNDS (7,623 ) 967

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 6 February 2024 and were signed by:





M Ibrahim - Director


A. K. Shimla Ltd (Registered number: 11366810)

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

1. STATUTORY INFORMATION

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 1 1

A. K. Shimla Ltd (Registered number: 11366810)

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

5. CASH AT BANK AND IN HAND
2023 2022
£ £
Bank account no. 1 52 1,431
Cash in hand 4,818 12,206
4,870 13,637

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 3,767 3,767
Tax 1,695 1,695
Social security and other taxes - 327
VAT 6,245 6,120
Directors' current accounts 1,132 1,132
12,839 13,041

A. K. Shimla Ltd

Report of the Accountants to the Director of
A. K. Shimla 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 Balance Sheet. 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 Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 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.






Marneros Marcus & Co Ltd
Chartered Certified Accountants
First floor, Hagley Court
40 Vicarage Road
Edgbaston
Birmingham
West Midlands
B15 3EZ


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