Company Registration No. 11615591 (England and Wales)
SHAFTI GROUP OF COMPANIES LTD
Unaudited accounts
for the year ended 31 October 2023
SHAFTI GROUP OF COMPANIES LTD
Company Information
for the year ended 31 October 2023
Company Number
11615591 (England and Wales)
Registered Office
64 MARLWOOD DRIVE
MARLWOOD DRIVE
BRISTOL
BS10 6SJ
UNITED KINGDOM
Accountants
AL Accounting Solutions Limited
Chartered Certified Accountants
21A Brighton Road
South Croydon
Croydon
CR2 6EA
SHAFTI GROUP OF COMPANIES LTD
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
2
32
Creditors: amounts falling due within one year
(210)
(228)
Net current assets
16,139
16,807
Total assets less current liabilities
16,396
17,121
Creditors: amounts falling due after more than one year
(19,031)
(19,339)
Net liabilities
(2,635)
(2,218)
Called up share capital
1
1
Profit and loss account
(2,636)
(2,219)
Shareholders' funds
(2,635)
(2,218)
For the year ending 31 October 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 4 March 2024 and were signed on its behalf by
Shafti Semuyaba
Director
Company Registration No. 11615591
SHAFTI GROUP OF COMPANIES LTD
Notes to the Accounts
for the year ended 31 October 2023
SHAFTI GROUP OF COMPANIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11615591. The registered office is 64 MARLWOOD DRIVE, MARLWOOD DRIVE, BRISTOL, BS10 6SJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
16,347
17,003
SHAFTI GROUP OF COMPANIES LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
17,003
16,347
17,003
16,347
17,003
16,347
17,003
16,347
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).