2023-12-01 2024-11-30 13049509 Shreeji Assets Limited false 13049509 2023-12-01 2024-11-30 13049509 uk-bus:Director1 2023-12-01 2024-11-30 13049509 uk-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13049509 uk-bus:SmallEntities 2023-12-01 2024-11-30 13049509 uk-bus:FullAccounts 2023-12-01 2024-11-30 13049509 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13049509 2023-12-01 13049509 2024-11-30 13049509 2023-11-30 xbrli:pure iso4217:GBP 13049509 2022-12-01 2023-11-30
Company Registration Number : 13049509 (England and Wales)
13049509
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-11-30
false
Shreeji Assets Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-12-01
Shreeji Assets Limited
Unaudited filleted financial statements
For the year ended 30 November 2024
Shreeji Assets Limited
Contents
For the year ended 30 November 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Shreeji Assets Limited
Company Information
For the year ended 30 November 2024

Company registration number 13049509 (England and Wales)
Directors Alpesh Desai
Rinabahen Desai
Registered office address 17 Kenilworth Road
Ashford
Surrey
United Kingdom
TW15 3EP
Accountant DNS Associates
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
United Kingdom
HA3 8DP
Shreeji Assets Limited
Statement of Financial Position
For the year ended 30 November 2024

2024 2023
Notes £ £
Fixed assets
Property, plant and equipment 517 1,187
Investment Property 272,000 259,000
6 272,517 260,187
Current assets
Debtors: Amounts falling due after more than one year - 1,326
Cash and cash equivalents 4,380 7,165
4,380 8,491
Current liabilities
Creditors: Amounts falling due within one year (193,323) (192,517)
Corporation tax payable (1,781) (2,367)
(195,104) (194,885)
Net current (liabilities)/assets (190,724) (186,394)
Total assets less current liabilities 81,793 73,793
Non-current liabilities
Creditors: Amounts falling due after more than one year (58,299) (69,007)
Provision for liabilities (1,144) -
Net assets/(liabilities) 22,349 4,786
Capital and reserves
Called up share capital 100 100
Retained earnings 22,249 4,686
Shareholders' funds 22,349 4,786
For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 November 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 03 April 2025
.............................
Alpesh Desai (Director)
Company registration number: 13049509
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-11-30 30 November 2024
2024 2023
£ £
Fixed Assets 272,517 260,187
Current Assets 4,380 7,165
Creditors: amounts falling due within one year (195,104) (194,885)
Net current assets (liabilities) (190,724) (187,719)
Total assets less current liabilities 81,793 72,468
CREDITORS: Amounts falling due more than one year (58,299) (69,007)
Provisions for liabilities (1,144) 0
Net Assets (liabilities) 22,349 4,786
Capital and Reserves 22,349 4,786
For the year ending 30/11/2024 the company was entitled to exemption 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. For the year ending 30-11-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 03 April 2025 2025-04-03 and signed on behalf of the board,
.............................
Alpesh Desai
Director
Company registration number: 13049509
Shreeji Assets Limited
Notes to the Financial Statements
For the year ended 30 November 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 17 Kenilworth Road, Ashford, Surrey, United Kingdom, TW15 3EP.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings25% straight line
Equipment
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement 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 current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Investments
Investment properties are measured at fair value determined annually and adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property was obtained from an online property resource company and has not been based on a valuation by an independent valuer with a professional qualification. Changes in fair value are recongnised in the profit and loss account.

(4) Employees
During the year, the average number of employees including director was 0 (2023 : 0).

(5) Related party transactions
Shreeji Information Services Ltd is related party by virtue of having same directors and shareholders. The balance outstanding to this relating party was £95,395 as on 30 November 2024.

(6) Fixed assets
Tangible

£
Investments
Property
£
Totals

£
Cost
As at 01 December 20232,680259,000261,680
Revaluation-13,00013,000
As at 30 November 20242,680272,000274,680
Depreciation/Amortisation
As at 01 December 20231,493-1,493
For the year670-670
As at 30 November 20242,163-2,163
Net book value
As at 30 November 2024517272,000272,517
As at 30 November 20231,187259,000260,187

(7) Mortgage (Creditors > 1 year)
The mortgage is secured by the property known as 93 Kinnel Path and 24 Croy Place.

(8) Investment Properties
These financial statements for the year ended 30 November 2024 are the financial statement of the company prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The property is being measured at a fair value under FRS 102 and there are fair value gain of £13,000 during the year, we have charged deferred tax assets of £2,470 upon it.