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REGISTERED NUMBER: 14174217 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Shoorah Ltd

Shoorah Ltd (Registered number: 14174217)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Shoorah Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: L Haines
Miss F A McCann
S Patel
Dr M Bouji
Mrs L S Simpson





REGISTERED OFFICE: Spectrum House 2b
Suttons Lane
Hornchurch
RM12 6RJ





REGISTERED NUMBER: 14174217 (England and Wales)





ACCOUNTANTS: Johal & Company
Chartered Certified Accountants
& Registered Auditors
Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ

Shoorah Ltd (Registered number: 14174217)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 112,327 74,200
Tangible assets 5 4,167 637
116,494 74,837

CURRENT ASSETS
Debtors 6 2,236 50
Cash at bank 18,422 50,672
20,658 50,722
CREDITORS
Amounts falling due within one year 7 3,885 9,126
NET CURRENT ASSETS 16,773 41,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,267

116,433

CREDITORS
Amounts falling due after more than one
year

8

155,117

176,273
NET LIABILITIES (21,850 ) (59,840 )

CAPITAL AND RESERVES
Called up share capital 104 100
Share premium 162,892 -
Retained earnings (184,846 ) (59,940 )
(21,850 ) (59,840 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Shoorah Ltd (Registered number: 14174217)

Statement of Financial Position - continued
30 June 2024


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 Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





L Haines - Director


Shoorah Ltd (Registered number: 14174217)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Shoorah 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Shoorah Ltd (Registered number: 14174217)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Patents
and Development
licences costs Totals
£    £    £   
COST
At 1 July 2023 970 81,475 82,445
Additions 470 51,053 51,523
At 30 June 2024 1,440 132,528 133,968
AMORTISATION
At 1 July 2023 97 8,148 8,245
Amortisation for year 144 13,252 13,396
At 30 June 2024 241 21,400 21,641
NET BOOK VALUE
At 30 June 2024 1,199 111,128 112,327
At 30 June 2023 873 73,327 74,200

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 317 635 952
Additions - 4,599 4,599
At 30 June 2024 317 5,234 5,551
DEPRECIATION
At 1 July 2023 105 210 315
Charge for year 104 965 1,069
At 30 June 2024 209 1,175 1,384
NET BOOK VALUE
At 30 June 2024 108 4,059 4,167
At 30 June 2023 212 425 637

6. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors 2,186 -

Amounts falling due after more than one year:
Other debtors 50 50

Aggregate amounts 2,236 50

Shoorah Ltd (Registered number: 14174217)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 145 5,866
Taxation and social security 3,490 3,260
Other creditors 250 -
3,885 9,126

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other creditors 155,117 176,273