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Company Registration No. 10476101 (England and Wales)
Sia Shafer Limited Unaudited accounts for the year ended 30 November 2023
Sia Shafer Limited Unaudited accounts Contents
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Sia Shafer Limited Company Information for the year ended 30 November 2023
Directors
Feroz Bhimani Shama Parviz Karim
Company Number
10476101 (England and Wales)
Registered Office
2 Dorrian Mews Bolton BL1 5BW United Kingdom
Accountants
Xeinadin Group Regent House Folds Road Bolton BL1 2RZ
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Sia Shafer Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
122 
144 
Investment property
1,027,704 
819,318 
1,027,826 
819,462 
Current assets
Debtors
1 
1 
Cash at bank and in hand
15,472 
15,710 
15,473 
15,711 
Creditors: amounts falling due within one year
(598,691)
(413,067)
Net current liabilities
(583,218)
(397,356)
Net assets
444,608 
422,106 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
444,606 
422,104 
Shareholders' funds
444,608 
422,106 
For the year ending 30 November 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by
Feroz Bhimani Director Company Registration No. 10476101
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Sia Shafer Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Sia Shafer Limited is a private company, limited by shares, registered in England and Wales, registration number 10476101. The registered office is 2 Dorrian Mews, Bolton, BL1 5BW, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Land & buildings
Nill
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2022
200 
At 30 November 2023
200 
Depreciation
At 1 December 2022
56 
Charge for the year
22 
At 30 November 2023
78 
Net book value
At 30 November 2023
122 
At 30 November 2022
144 
5
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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