Company Registration No. 14106842 (England and Wales)
SHAVIK ENTERPRISES LTD
Unaudited accounts
for the year ended 31 May 2024
SHAVIK ENTERPRISES LTD
Unaudited accounts
Contents
SHAVIK ENTERPRISES LTD
Company Information
for the year ended 31 May 2024
Company Number
14106842 (England and Wales)
Registered Office
296 Kiln Road
Benfleet
Essex
SS7 1QT
England
SHAVIK ENTERPRISES LTD
Statement of financial position
as at 31 May 2024
Tangible assets
179,204
220,936
Cash at bank and in hand
39,764
30,755
Creditors: amounts falling due within one year
(179,203)
(220,935)
Net current liabilities
(99,676)
(130,780)
Called up share capital
1
1
Profit and loss account
79,527
90,155
Shareholders' funds
79,528
90,156
For the year ending 31 May 2024 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 25 April 2024 and were signed on its behalf by
P BALACHCHANDRAN
Director
Company Registration No. 14106842
SHAVIK ENTERPRISES LTD
Notes to the Accounts
for the year ended 31 May 2024
SHAVIK ENTERPRISES LTD is a private company, limited by shares, registered in England and Wales, registration number 14106842. The registered office is 296 Kiln Road, Benfleet, Essex, SS7 1QT, England.
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
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
175,260
75,750
25,870
15,620
292,500
At 31 May 2024
175,260
75,750
25,870
15,620
292,500
At 1 June 2023
43,815
18,938
6,468
2,343
71,564
Charge for the year
22,627
14,203
2,910
1,992
41,732
At 31 May 2024
66,442
33,141
9,378
4,335
113,296
At 31 May 2024
108,818
42,609
16,492
11,285
179,204
At 31 May 2023
131,445
56,812
19,402
13,277
220,936
Amounts falling due within one year
Amounts falling due after more than one year
SHAVIK ENTERPRISES LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
164,093
203,806
Taxes and social security
15,110
17,129
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).