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Registered number: 11150611
Shah Investment Group Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11150611
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 215 287
Investment Properties 5 414,326 414,326
414,541 414,613
CURRENT ASSETS
Cash at bank and in hand 59,187 3,587
59,187 3,587
Creditors: Amounts Falling Due Within One Year (8,682 ) (8,309 )
NET CURRENT ASSETS (LIABILITIES) 50,505 (4,722 )
TOTAL ASSETS LESS CURRENT LIABILITIES 465,046 409,891
Creditors: Amounts Falling Due After More Than One Year (446,249 ) (393,335 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,840 ) (5,840 )
NET ASSETS 12,957 10,716
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 12,857 10,616
SHAREHOLDERS' FUNDS 12,957 10,716
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr A Bukhari
Director
24th February 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Shah Investment Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11150611 . The registered office is 8 Hillview Gardens, Harrow, HA2 6HJ.
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. Turnover
Rental income
Rental income arising from operating leases on investment properties is accounted for on a straight-line basis over the lease
term.
2.3. 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:
Fixtures & Fittings 25% by reducing balance method
2.4. Investment Properties
The Company carries its investment properties at fair value, with changes in fair values being recognised in the income
statement. In addition, it measures land and buildings at revaluaed amounts with changes in faire value being recognised in other comprehensive income.

Investment property shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss. If a property interest held under a lease is classified as investment property, the item accounted for at fair value is that interest and not the underlying property.

Investment properties are derecognised when either they have been disposed of or when the investment property is
permanently withdrawn from use and no future economic benefit is expected from its disposal. Any gains or losses on the
retirement or disposal of investment property, is recognised in the income statement in the period of derecognition. Transfers are made to or from investment property only when there is a change in use.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 February 2023 679
As at 31 January 2024 679
Depreciation
As at 1 February 2023 392
Provided during the period 72
As at 31 January 2024 464
Net Book Value
As at 31 January 2024 215
As at 1 February 2023 287
The investment property has been valued at the balance sheet date by the director, who believes the canying value to be its fair value. There has been no valuation of investment property by an independent valuer.
5. Investment Property
2024
£
Fair Value
As at 1 February 2023 and 31 January 2024 414,326
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4