Company Registration No. 11337133 (England and Wales)
Shan&sach Limited
Unaudited accounts
for the year ended 30 April 2024
Shan&sach Limited
Unaudited accounts
Contents
Shan&sach Limited
Company Information
for the year ended 30 April 2024
Directors
RAO, Sachin
RAO, Shantala
Company Number
11337133 (England and Wales)
Registered Office
22 Kirkstead Road
Cheadle Hulme
Cheadle
SK8 7PZ
United Kingdom
Accountants
Wrights Consulting Ltd
14 Dovedale Road
Dartford
Kent
DA2 6JJ
Shan&sach Limited
Accountants' report
Accountants' report to the board of directors of Shan&sach Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Shan&sach Limited for the year ended
30 April 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Shan&sach Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Shan&sach Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shan&sach Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Shan&sach Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Shan&sach Limited. You consider that Shan&sach Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Shan&sach Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Wrights Consulting Ltd
14 Dovedale Road
Dartford
Kent
DA2 6JJ
17 August 2024
Shan&sach Limited
Statement of financial position
as at 30 April 2024
Investment property
189,000
-
Cash at bank and in hand
7,488
100
Net current assets
7,488
100
Total assets less current liabilities
196,488
100
Creditors: amounts falling due after more than one year
(232,452)
(346)
Provisions for liabilities
Net liabilities
(36,614)
(246)
Called up share capital
4
4
Profit and loss account
(36,618)
(250)
Shareholders' funds
(36,614)
(246)
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by
RAO, Sachin
Director
Company Registration No. 11337133
Shan&sach Limited
Notes to the Accounts
for the year ended 30 April 2024
Shan&sach Limited is a private company, limited by shares, registered in England and Wales, registration number 11337133. The registered office is 22 Kirkstead Road, Cheadle Hulme, Cheadle, SK8 7PZ, 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.
The accounts are presented in £ sterling.
The investment property will be initially recognised at cost, which includes the purchase price and any directly attributable costs necessary to bring the property to its intended use. Subsequent to initial recognition, the investment property will continue to be measured at cost, less any accumulated depreciation and impairment losses, if applicable.
There is no evidence to suggest that the business will be unable to meet its current and foreseeable obligations. It is assumed that the business will fulfill its financial commitments as they come due.
Description of the Property
1. The property is located at 219 Market Street Hyde, Cheshire, SK14 1HF and it is both a commercial and residential.
2. Valuation
Valuation Method: The property is valued using the cost approach.
5
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
95,688
346
This amount reflects principally the Director's commitment to financially support the Company's investment in property and the Bank Loan.
Shan&sach Limited
Notes to the Accounts
for the year ended 30 April 2024
6
Provisions for liabilities
£
Additional provisions made during the period
650
The amount represents the provision for Professional Services.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).