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Company Registration No. 10886468 (England and Wales)
SHANTI CAKES LTD Unaudited accounts for the year ended 31 July 2024
SHANTI CAKES LTD Unaudited accounts Contents
Page
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SHANTI CAKES LTD Company Information for the year ended 31 July 2024
Director
Vikas Sangwan
Company Number
10886468 (England and Wales)
Registered Office
57 WEST HAM LANE LONDON E15 4PH ENGLAND
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD 51 HEATHER ROAD BINLEY WOODS COVENTRY CV3 2DE
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SHANTI CAKES LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
52,306 
53,268 
Current assets
Inventories
4,646 
4,432 
Debtors
5,982 
6,064 
Cash at bank and in hand
37,983 
17,184 
48,611 
27,680 
Creditors: amounts falling due within one year
(5,186)
(10,188)
Net current assets
43,425 
17,492 
Total assets less current liabilities
95,731 
70,760 
Creditors: amounts falling due after more than one year
(85,910)
(54,079)
Net assets
9,821 
16,681 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
9,721 
16,581 
Shareholders' funds
9,821 
16,681 
For the year ending 31 July 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 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 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.
The financial statements were approved by the Board and authorised for issue on 29 April 2025 and were signed on its behalf by
Vikas Sangwan Director Company Registration No. 10886468
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SHANTI CAKES LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
SHANTI CAKES LTD is a private company, limited by shares, registered in England and Wales, registration number 10886468. The registered office is 57 WEST HAM LANE, LONDON, E15 4PH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
30,000 
- 
51,655 
5,175 
86,830 
Additions
- 
10,741 
- 
- 
10,741 
At 31 July 2024
30,000 
10,741 
51,655 
5,175 
97,571 
Depreciation
At 1 August 2023
8,000 
- 
22,848 
2,714 
33,562 
Charge for the year
4,000 
2,685 
4,321 
697 
11,703 
At 31 July 2024
12,000 
2,685 
27,169 
3,411 
45,265 
Net book value
At 31 July 2024
18,000 
8,056 
24,486 
1,764 
52,306 
At 31 July 2023
22,000 
- 
28,807 
2,461 
53,268 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,982 
6,064 
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SHANTI CAKES LTD Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
441 
Trade creditors
2,640 
7,795 
Taxes and social security
929 
- 
Other creditors
- 
2 
Accruals
1,617 
1,950 
5,186 
10,188 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,861 
20,370 
Other creditors
68,049 
33,709 
85,910 
54,079 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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