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REGISTERED NUMBER: 12366421 (England and Wales)


Financial Statements for the Year Ended 31 December 2023

for

Shyam Vraj Ltd

Shyam Vraj Ltd (Registered number: 12366421)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Shyam Vraj Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr Jayantilal Ratna Ponkiya





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
United Kingdom
CV6 4AD





REGISTERED NUMBER: 12366421 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Shyam Vraj Ltd (Registered number: 12366421)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 314,000 181,000
Property, plant and equipment 5 65,142 31,462
379,142 212,462

CURRENT ASSETS
Inventories 144,170 159,780
Debtors 6 266,916 122,500
Cash at bank and in hand 13,497 15,183
424,583 297,463
CREDITORS
Amounts falling due within one year 7 272,413 120,641
NET CURRENT ASSETS 152,170 176,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

531,312

389,284

CREDITORS
Amounts falling due after more than one
year

8

457,652

349,487
NET ASSETS 73,660 39,797

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 73,560 39,697
SHAREHOLDERS' FUNDS 73,660 39,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Shyam Vraj Ltd (Registered number: 12366421)

Statement of Financial Position - continued
31 December 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 11 October 2024 and were signed by:





Mr Jayantilal Ratna Ponkiya - Director


Shyam Vraj Ltd (Registered number: 12366421)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Shyam Vraj 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
Revenue 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023 181,000
Additions 133,000
At 31 December 2023 314,000
NET BOOK VALUE
At 31 December 2023 314,000
At 31 December 2022 181,000

Shyam Vraj Ltd (Registered number: 12366421)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2023 31,860
Additions 45,175
At 31 December 2023 77,035
DEPRECIATION
At 1 January 2023 398
Charge for year 11,495
At 31 December 2023 11,893
NET BOOK VALUE
At 31 December 2023 65,142
At 31 December 2022 31,462

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 266,916 122,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 45,948 36,930
Taxation and social security 19,583 25,036
Other creditors 206,882 58,675
272,413 120,641

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 457,652 284,487
Other creditors - 65,000
457,652 349,487

Shyam Vraj Ltd (Registered number: 12366421)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100