Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31true2022-11-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11028210 2022-11-01 2023-10-31 11028210 2023-10-31 11028210 2021-11-01 2022-10-31 11028210 2022-10-31 11028210 c:Director1 2022-11-01 2023-10-31 11028210 d:FreeholdInvestmentProperty 2023-10-31 11028210 d:FreeholdInvestmentProperty 2022-10-31 11028210 d:FreeholdInvestmentProperty 2 2022-11-01 2023-10-31 11028210 d:CurrentFinancialInstruments 2023-10-31 11028210 d:CurrentFinancialInstruments 2022-10-31 11028210 d:Non-currentFinancialInstruments 2023-10-31 11028210 d:Non-currentFinancialInstruments 2022-10-31 11028210 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 11028210 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 11028210 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 11028210 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 11028210 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 11028210 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-10-31 11028210 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-10-31 11028210 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-10-31 11028210 d:ShareCapital 2023-10-31 11028210 d:ShareCapital 2022-10-31 11028210 d:InvestmentPropertiesRevaluationReserve 2023-10-31 11028210 d:InvestmentPropertiesRevaluationReserve 2022-10-31 11028210 d:RetainedEarningsAccumulatedLosses 2023-10-31 11028210 d:RetainedEarningsAccumulatedLosses 2022-10-31 11028210 c:FRS102 2022-11-01 2023-10-31 11028210 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 11028210 c:FullAccounts 2022-11-01 2023-10-31 11028210 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11028210 d:OtherDeferredTax 2023-10-31 11028210 d:OtherDeferredTax 2022-10-31 11028210 f:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Registered number: 11028210


SHAYA MOYA LTD








UNAUDITED

PAGES FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023

 
SHAYA MOYA LTD
REGISTERED NUMBER: 11028210

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
1,819,000
1,700,000

  
1,819,000
1,700,000

  

Creditors: amounts falling due within one year
 5 
(1,306,028)
(1,233,134)

Net current liabilities
  
 
 
(1,306,028)
 
 
(1,233,134)

Total assets less current liabilities
  
512,972
466,866

Creditors: amounts falling due after more than one year
 6 
(369,982)
(415,165)

Provisions for liabilities
  

Deferred tax
  
(54,871)
(32,261)

  
 
 
(54,871)
 
 
(32,261)

Net assets
  
88,119
19,440


Capital and reserves
  

Called up share capital 
  
1
1

Investment property reserve
  
233,922
137,532

Profit and loss account
  
(145,804)
(118,093)

  
88,119
19,440


Page 1

 
SHAYA MOYA LTD
REGISTERED NUMBER: 11028210
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 October 2024.




................................................
James Snell
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
SHAYA MOYA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Shaya Moya Ltd is a private company, limited by shares, domiciled in England and Wales, registration
number 11028210. The registered office is 1 Vincent Square, London, SW1P 2PN. The company was
incorporated on 24 October 2017.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director considers it appropriate to prepare the accounts on a going concern basis because he is satisfied that the company can rely on the future rental income and the continued support from the director.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
SHAYA MOYA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 4

 
SHAYA MOYA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

3.


Employees




The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Director
1
1


4.


Investment property


Freehold investment property

£



Valuation


At 1 November 2022
1,700,000


Surplus on revaluation
119,000



At 31 October 2023
1,819,000

The 2023 valuations were made by the director, on an open market value for existing use basis.





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
22,606
22,606

Other creditors
1,275,922
1,203,648

Accruals and deferred income
7,500
6,880

1,306,028
1,233,134


Page 5

 
SHAYA MOYA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
369,982
415,165

369,982
415,165


Page 6

 
SHAYA MOYA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

7.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
22,606
22,606


22,606
22,606


Amounts falling due 2-5 years

Bank loans
73,414
73,414


73,414
73,414

Amounts falling due after more than 5 years

Bank loans
296,569
341,750

296,569
341,750

392,589
437,770


Page 7

 
SHAYA MOYA LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

8.


Deferred taxation




2023


£






At beginning of year
(32,261)


Charged to other comprehensive income
(22,610)



At end of year
(54,871)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Unrealised gain on investment property (Spain)
(54,871)
(32,261)

(54,871)
(32,261)


9.


Related party transactions

At the balance sheet date the company owes £1,275,922 (2022: £1,203,648) by J Snell included in
creditors due within one year. J Snell is a director of the company.

 
Page 8