Shanah Tovah Capital Ltd 13974164 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Letting and operating of property Digita Accounts Production Advanced 6.30.9574.0 true true 13974164 2023-04-01 2024-03-31 13974164 2024-03-31 13974164 bus:Director1 1 2024-03-31 13974164 core:FinancialAssetsAmortisedCost core:CurrentFinancialInstruments 2024-03-31 13974164 core:CurrentFinancialInstruments 2024-03-31 13974164 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 13974164 bus:SmallEntities 2023-04-01 2024-03-31 13974164 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13974164 bus:FilletedAccounts 2023-04-01 2024-03-31 13974164 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13974164 bus:RegisteredOffice 2023-04-01 2024-03-31 13974164 bus:Director1 2023-04-01 2024-03-31 13974164 bus:Director1 1 2023-04-01 2024-03-31 13974164 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13974164 countries:EnglandWales 2023-04-01 2024-03-31 13974164 2023-03-31 13974164 bus:Director1 1 2023-03-31 13974164 2022-03-14 2023-03-31 13974164 2023-03-31 13974164 bus:Director1 1 2023-03-31 13974164 core:CurrentFinancialInstruments 2023-03-31 13974164 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 13974164 bus:Director1 1 2022-03-14 2023-03-31 13974164 bus:Director1 1 2022-03-13 iso4217:GBP xbrli:pure

Registration number: 13974164

Shanah Tovah Capital Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Shanah Tovah Capital Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Shanah Tovah Capital Ltd

Company Information

Director

K A Baggette

Registered office

North House Braeside Business Park
Sterte Avenue West
Poole
Dorset
BH15 2BX

Accountants

Addicus
Chartered Accountants
4 The Axium Centre Dorchester Road
Lytchett Minster
Poole
Dorset
BH16 6FE

 

Shanah Tovah Capital Ltd

(Registration number: 13974164)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

538,489

273,048

Current assets

 

Debtors

6

195

10,100

Other financial assets

5

16,351

61,973

Cash at bank and in hand

 

8,443

63,444

 

24,989

135,517

Creditors: Amounts falling due within one year

7

(566,312)

(408,130)

Net current liabilities

 

(541,323)

(272,613)

Net (liabilities)/assets

 

(2,834)

435

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(2,934)

335

Shareholders' (deficit)/funds

 

(2,834)

435

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

Shanah Tovah Capital Ltd

(Registration number: 13974164)
Balance Sheet as at 31 March 2024

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 April 2024
 

K A Baggette
Director

   
     
 

Shanah Tovah Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
North House Braeside Business Park
Sterte Avenue West
Poole
Dorset
BH15 2BX

These financial statements were authorised for issue by the director on 19 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Shanah Tovah Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Investment properties

2024
£

At 1 April

273,048

Additions

265,441

At 31 March

538,489

There has been no valuation of investment property by an independent valuer.

 

Shanah Tovah Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Other financial assets (current and non-current)

Financial assets at amortised cost
£

Total
£

Current financial assets

Cost or valuation

At 1 April 2023

16,351

16,351

At 31 March 2024

16,351

16,351

Impairment

Carrying amount

At 31 March 2024

16,351

16,351

6

Debtors

2024
£

2023
£

Other debtors

195

10,100

195

10,100

 

Shanah Tovah Capital Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

483

-

Taxation and social security

78

78

Accruals

1,800

1,800

Other creditors

563,951

406,252

566,312

408,130

8

Related party transactions

Transactions with the director

2024

At 1 April 2023
£

Repayments by director
£

At 31 March 2024
£

K A Baggette

Directors current account

10,000

(10,000)

-

2023

At 14 March 2022
£

Advances to director
£

At 31 March 2023
£

K A Baggette

Directors current account

-

10,000

10,000