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REGISTERED NUMBER: 06628119 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

SHIRALKAR LTD

SHIRALKAR LTD (REGISTERED NUMBER: 06628119)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

SHIRALKAR LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs S Shiralkar
S Shiralkar
P Shiralkar





REGISTERED OFFICE: 23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA





REGISTERED NUMBER: 06628119 (England and Wales)





ACCOUNTANTS: Bytheway & Co Accountants Ltd
23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA

SHIRALKAR LTD (REGISTERED NUMBER: 06628119)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,720 38,294
Investments 5 92,204 80,988
120,924 119,282

CURRENT ASSETS
Debtors 6 25,050 14,406
Cash at bank 127,979 106,860
153,029 121,266
CREDITORS
Amounts falling due within one year 7 7,851 1,513
NET CURRENT ASSETS 145,178 119,753
TOTAL ASSETS LESS CURRENT
LIABILITIES

266,102

239,035

PROVISIONS FOR LIABILITIES 5,936 4,117
NET ASSETS 260,166 234,918

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 259,866 234,618
260,166 234,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

SHIRALKAR LTD (REGISTERED NUMBER: 06628119)

BALANCE SHEET - continued
31 MARCH 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 19 December 2024 and were signed on its behalf by:





Mrs S Shiralkar - Director


SHIRALKAR LTD (REGISTERED NUMBER: 06628119)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Shiralkar 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 as modified by the revaluation of certain assets.

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

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 - 25% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2023 - 3 ) .

SHIRALKAR LTD (REGISTERED NUMBER: 06628119)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 55,792
DEPRECIATION
At 1 April 2023 17,498
Charge for year 9,574
At 31 March 2024 27,072
NET BOOK VALUE
At 31 March 2024 28,720
At 31 March 2023 38,294

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 80,988
Revaluations 11,216
At 31 March 2024 92,204
NET BOOK VALUE
At 31 March 2024 92,204
At 31 March 2023 80,988

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2015 10,415
Valuation in 2016 (2,249 )
Valuation in 2017 10,988
Valuation in 2018 1,464
Valuation in 2019 6,059
Valuation in 2020 (7,689 )
Valuation in 2021 18,447
Valuation in 2022 5,422
Valuation in 2023 (1,869 )
Valuation in 2024 11,216
Cost 40,000
92,204

SHIRALKAR LTD (REGISTERED NUMBER: 06628119)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 25,050 10,150
Other debtors - 4,256
25,050 14,406

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors (1 ) -
Taxation and social security 6,882 54
Other creditors 970 1,459
7,851 1,513

SHIRALKAR LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
SHIRALKAR LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages one to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Bytheway & Co Accountants Ltd
23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA


19 December 2024