Acorah Software Products - Accounts Production 16.1.200 false true true false 1 June 2023 31 May 2024 31 May 2024 14900693 Dr Ganesh Deogaonkar Mrs Rutuja Phulambrikar Mrs Rutuja Mohan Phulambrikar true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14900693 2023-05-31 14900693 2024-05-31 14900693 2023-06-01 2024-05-31 14900693 frs-core:CurrentFinancialInstruments 2024-05-31 14900693 frs-core:ComputerEquipment 2024-05-31 14900693 frs-core:ComputerEquipment 2023-06-01 2024-05-31 14900693 frs-core:ComputerEquipment 2023-05-31 14900693 frs-core:ShareCapital 2024-05-31 14900693 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14900693 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14900693 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 14900693 frs-bus:SmallEntities 2023-06-01 2024-05-31 14900693 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14900693 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14900693 1 2023-06-01 2024-05-31 14900693 frs-bus:Director1 2023-06-01 2024-05-31 14900693 frs-bus:Director2 2023-06-01 2024-05-31 14900693 frs-countries:EnglandWales 2023-06-01 2024-05-31
Registered number: 14900693
Sharvin Enterprises Private Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Kent Coast Accounts Ltd
AAT Licenced Accountants
39 Brooke Avenue
Margate
Kent
CT9 5NG
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14900693
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 851
851
CURRENT ASSETS
Debtors 5 90
Cash at bank and in hand 2,705
2,795
Creditors: Amounts Falling Due Within One Year 6 (4,887 )
NET CURRENT ASSETS (LIABILITIES) (2,092 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,241 )
NET LIABILITIES (1,241 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (1,341 )
SHAREHOLDERS' FUNDS (1,241)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Ganesh Deogaonkar
Director
17th January 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sharvin Enterprises Private Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14900693 . The registered office is 85 Great Portland Street, London, W1W 7LT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services.  Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 39% reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 June 2023 -
Additions 1,099
As at 31 May 2024 1,099
Depreciation
As at 1 June 2023 -
Provided during the period 248
As at 31 May 2024 248
Net Book Value
As at 31 May 2024 851
As at 1 June 2023 -
Page 2
Page 3
5. Debtors
2024
£
Due within one year
Other debtors 90
6. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 4,504
Taxation and social security 383
4,887
7. Share Capital
2024
£
Allotted, Called up and fully paid 100
8. Ultimate Controlling Party
The company's ultimate controlling party is Mrs Rutuja Mohan Phulambrikar by virtue of ownership of 100% of the issued share capital in the company.
Page 3