IRIS Accounts Production v24.2.0.383 10199791 Board of Directors Board of Directors 1.7.23 30.6.24 30.6.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101997912023-06-30101997912024-06-30101997912023-07-012024-06-30101997912022-06-30101997912022-07-012023-06-30101997912023-06-3010199791ns15:EnglandWales2023-07-012024-06-3010199791ns14:PoundSterling2023-07-012024-06-3010199791ns10:Director12023-07-012024-06-3010199791ns10:Director22023-07-012024-06-3010199791ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3010199791ns10:SmallEntities2023-07-012024-06-3010199791ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3010199791ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3010199791ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3010199791ns10:FullAccounts2023-07-012024-06-3010199791ns10:RegisteredOffice2023-07-012024-06-3010199791ns5:CurrentFinancialInstruments2024-06-3010199791ns5:CurrentFinancialInstruments2023-06-3010199791ns5:Non-currentFinancialInstruments2024-06-3010199791ns5:Non-currentFinancialInstruments2023-06-3010199791ns5:ShareCapital2024-06-3010199791ns5:ShareCapital2023-06-3010199791ns5:RetainedEarningsAccumulatedLosses2024-06-3010199791ns5:RetainedEarningsAccumulatedLosses2023-06-3010199791ns5:CostValuation2023-06-30
REGISTERED NUMBER: 10199791 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Shivam Holdings Ltd

Shivam Holdings Ltd (Registered number: 10199791)






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


Shivam Holdings Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr Dharmesh Gadhavi
Mr Alpesh Dinesh Patel





REGISTERED OFFICE: 2 Fleming Crescent
Hertford
Hertfordshire
SG14 2DJ





REGISTERED NUMBER: 10199791 (England and Wales)





ACCOUNTANTS: Capitax Financial Limited
Devonshire House
582 Honeypot Lane
Stanmore
MIDDLESEX
HA7 1JS

Shivam Holdings Ltd (Registered number: 10199791)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 690,069 690,069

CURRENT ASSETS
Cash at bank 416,131 429,002

CREDITORS
Amounts falling due within one year 5 265,326 234,678
NET CURRENT ASSETS 150,805 194,324
TOTAL ASSETS LESS CURRENT
LIABILITIES

840,874

884,393

CREDITORS
Amounts falling due after more than one
year

6

524,402

565,548
NET ASSETS 316,472 318,845

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 315,472 317,845
SHAREHOLDERS' FUNDS 316,472 318,845

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.

Shivam Holdings Ltd (Registered number: 10199791)

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 27 September 2024 and were signed on its behalf by:




Mr Alpesh Dinesh Patel - Director



Mr Dharmesh Gadhavi - Director


Shivam Holdings Ltd (Registered number: 10199791)

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

1. STATUTORY INFORMATION

Shivam Holdings 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 690,069
NET BOOK VALUE
At 30 June 2024 690,069
At 30 June 2023 690,069

Shivam Holdings Ltd (Registered number: 10199791)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 265,326 234,678

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other creditors 524,402 565,548

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year ended 30 June 2024, Shivam Holdings Ltd owed £7,203 to its Directors. This amount is reflected in their respective director's loan accounts in credit balances, which is shown as part of Other Creditors under Creditors due within one year. Please be advised that both the directors have agreed to provide this loan on an interest free basis and the loan is payable on demand.

8. RELATED PARTY DISCLOSURES

During the year ended 30 June 2024, Shivam Holdings Ltd entered into a loan agreement with its subsidiary company. The loan was provided on an interest free basis and is repayable on demand, hence the amount is being reflected accordingly under Debtors - Less than One Year Account. Please be advised the Shivam Holdings Ltd is the 100% shareholder of the subsidiary company.