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REGISTERED NUMBER: 12088968 (England and Wales)










Shah Corporation Consulting Limited

Unaudited Financial Statements

for the Year Ended 30 June 2024






Shah Corporation Consulting Limited (Registered number: 12088968)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Shah Corporation Consulting Limited

Company Information
for the year ended 30 June 2024







DIRECTORS: Mr A R Shah
Mrs C Tangy





REGISTERED OFFICE: Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN





REGISTERED NUMBER: 12088968 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

Shah Corporation Consulting Limited (Registered number: 12088968)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,553 1,868

CURRENT ASSETS
Debtors 5 143,653 23,893
Cash at bank 159,606 39,465
303,259 63,358
CREDITORS
Amounts falling due within one year 6 174,493 64,494
NET CURRENT ASSETS/(LIABILITIES) 128,766 (1,136 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,319

732

PROVISIONS FOR LIABILITIES 386 372
NET ASSETS 129,933 360

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 129,733 160
129,933 360

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.

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 26 March 2025 and were signed on its behalf by:





Mr A R Shah - Director


Shah Corporation Consulting Limited (Registered number: 12088968)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Shah Corporation Consulting Limited 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.

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 - 33% on 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Shah Corporation Consulting Limited (Registered number: 12088968)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 2,994
Additions 833
At 30 June 2024 3,827
DEPRECIATION
At 1 July 2023 1,126
Charge for year 1,148
At 30 June 2024 2,274
NET BOOK VALUE
At 30 June 2024 1,553
At 30 June 2023 1,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,876 13,000
Other debtors 127,777 10,893
143,653 23,893

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,246 662
Amounts owed to participating interests 99,487 34,440
Taxation and social security 72,610 27,942
Other creditors 1,150 1,450
174,493 64,494

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the year end the directors loan account was overdrawn. This was repaid within 9 months of the year end.

8. RELATED PARTY DISCLOSURES

As at 30th June 2024 the company owed £99,487 (2023: £34,440) to Shah Corporation Limited.

9. ULTIMATE CONTROLLING PARTY

The company is jointly owned by Shah Corporation Limited and Mrs C Tangy.

There is no ultimate controlling party.