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REGISTERED NUMBER: 06421525 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

SHIVIM VEARBA LTD.

SHIVIM VEARBA LTD. (REGISTERED NUMBER: 06421525)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SHIVIM VEARBA LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: C A Aksler





REGISTERED OFFICE: 74 Brent Street
London
NW4 2ES





REGISTERED NUMBER: 06421525 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

SHIVIM VEARBA LTD. (REGISTERED NUMBER: 06421525)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Investment property 4 525,000 525,000

CURRENT ASSETS
Debtors 5 492,833 497,621
Cash at bank and in hand 469 477
493,302 498,098
CREDITORS
Amounts falling due within one year 6 (386,985 ) (386,163 )
NET CURRENT ASSETS 106,317 111,935
TOTAL ASSETS LESS CURRENT
LIABILITIES

631,317

636,935

CREDITORS
Amounts falling due after more than one
year

7

(38,717

)

(44,673

)

PROVISIONS FOR LIABILITIES (30,000 ) (30,000 )
NET ASSETS 562,600 562,262

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 562,598 562,260
SHAREHOLDERS' FUNDS 562,600 562,262

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

SHIVIM VEARBA LTD. (REGISTERED NUMBER: 06421525)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


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 30 August 2024 and were signed by:





C A Aksler - Director


SHIVIM VEARBA LTD. (REGISTERED NUMBER: 06421525)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Shivim Vearba 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net rent receivable, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 525,000
NET BOOK VALUE
At 30 November 2023 525,000
At 30 November 2022 525,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 14,593 14,143
Other debtors 476,499 482,908
Prepayments 1,741 570
492,833 497,621

SHIVIM VEARBA LTD. (REGISTERED NUMBER: 06421525)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 1,998 1,174
Tax 33 33
Other creditors 103,017 103,017
Directors' current accounts 280,437 280,439
Accrued expenses 1,500 1,500
386,985 386,163

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Other loans more 5yrs instal 38,717 44,673

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 38,717 44,673

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Other loans 38,717 -

Under the bank loan, £38,717 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 December 2022 562,260
Profit for the year 338
At 30 November 2023 562,598

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C A Aksler.