Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08732437 Mr Kamran Saleem Mr Sheraz Saleem iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08732437 2023-08-31 08732437 2024-08-31 08732437 2023-09-01 2024-08-31 08732437 frs-core:Non-currentFinancialInstruments 2024-08-31 08732437 frs-core:ShareCapital 2024-08-31 08732437 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08732437 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08732437 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08732437 frs-bus:SmallEntities 2023-09-01 2024-08-31 08732437 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08732437 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08732437 frs-bus:Director1 2023-09-01 2024-08-31 08732437 frs-bus:Director2 2023-09-01 2024-08-31 08732437 frs-countries:EnglandWales 2023-09-01 2024-08-31 08732437 2022-08-31 08732437 2023-08-31 08732437 2022-09-01 2023-08-31 08732437 frs-core:Non-currentFinancialInstruments 2023-08-31 08732437 frs-core:ShareCapital 2023-08-31 08732437 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08732437
Shalimar Shoes (GS) Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Alderton Accountancy Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08732437
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 15,111 29,397
15,111 29,397
NET CURRENT ASSETS (LIABILITIES) 15,111 29,397
TOTAL ASSETS LESS CURRENT LIABILITIES 15,111 29,397
Creditors: Amounts Falling Due After More Than One Year 5 (15,111 ) (29,397 )
NET ASSETS - -
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (100 ) (100 )
For the year ending 31 August 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
Mr Sheraz Saleem
Director
27/05/2025
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
Shalimar Shoes (GS) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08732437 . The registered office is 286 Green Street, London, E7 8LF.
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
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Whereinvestments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 15,111 29,397
Page 2
Page 3
5. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,111 29,397
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3