1 October 2023 v2025.40.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP082365122023-10-012024-09-30082365122024-09-30082365122023-09-3008236512core:WithinOneYear2024-09-3008236512core:WithinOneYear2023-09-3008236512core:AfterOneYear2023-09-3008236512core:ShareCapital2024-09-3008236512core:ShareCapital2023-09-3008236512core:RetainedEarningsAccumulatedLosses2024-09-3008236512core:RetainedEarningsAccumulatedLosses2023-09-3008236512bus:Director12023-10-012024-09-3008236512bus:RegisteredOffice2023-10-012024-09-30082365122022-10-012023-09-3008236512core:LandBuildings2023-10-0108236512core:PlantMachinery2023-10-01082365122023-10-0108236512core:LandBuildings2023-10-012024-09-3008236512core:PlantMachinery2023-10-012024-09-3008236512core:LandBuildings2024-09-3008236512core:PlantMachinery2024-09-3008236512core:LandBuildings2023-09-3008236512core:PlantMachinery2023-09-300823651212023-10-012024-09-3008236512countries:EnglandWales2023-10-012024-09-3008236512bus:AuditExemptWithAccountantsReport2023-10-012024-09-3008236512bus:PrivateLimitedCompanyLtd2023-10-012024-09-3008236512bus:SmallEntities2023-10-012024-09-3008236512bus:FullAccounts2023-10-012024-09-30
Company registration number:
08236512
Shree Oil Ltd
Unaudited Filleted Financial Statements for the year ended
30 September 2024
Shree Oil Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Shree Oil Ltd
Year ended
30 September 2024
As described on the statement of financial position, the Board of Directors of
Shree Oil Ltd
are responsible for the preparation of the
financial statements
for the year ended
30 September 2024
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
N & R ACCOUNTANCY LTD
Office Suite A Limekiln Business Centre
Pontnewynydd
Pontypool
Torfaen
NP4 6TF
United Kingdom
Date:
17 February 2025
Shree Oil Ltd
Statement of Financial Position
30 September 2024
20242023
Note££
Fixed assets    
Tangible assets 5
672,877
 
669,648
 
Current assets    
Stocks
114,000
 
84,094
 
Cash at bank and in hand
67,832
 
130,579
 
181,832
 
214,673
 
Creditors: amounts falling due within one year 6
(539,978
)
(418,355
)
Net current liabilities
(358,146
)
(203,682
)
Total assets less current liabilities 314,731   465,966  
Creditors: amounts falling due after more than one year 7 -  
(202,894
)
Net assets
314,731
 
263,072
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
314,631
 
262,972
 
Shareholders funds
314,731
 
263,072
 
For the year ending
30 September 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question 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 financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
17 February 2025
, and are signed on behalf of the board by:
S Verma
Director
Company registration number:
08236512
Shree Oil Ltd
Notes to the Financial Statements
Year ended
30 September 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
N & R ACCOUNTANCY SERVICES, Office Suite A Limekiln Business Centre
,
Pontnewynydd
,
Pontypool
,
Torfaen
,
NP4 6TF
, .

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was
12
(2023:
12.00
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 October 2023
615,851
 
140,359
 
756,210
 
Additions
1,600
 
15,485
 
17,085
 
At
30 September 2024
617,451
 
155,844
 
773,295
 
Depreciation      
At
1 October 2023
-  
86,562
 
86,562
 
Charge -  
13,856
 
13,856
 
At
30 September 2024
-  
100,418
 
100,418
 
Carrying amount      
At
30 September 2024
617,451
 
55,426
 
672,877
 
At 30 September 2023
615,851
 
53,797
 
669,648
 

6 Creditors: amounts falling due within one year

20242023
££
Trade creditors
108,912
  -  
Taxation and social security
10,811
 
1,104
 
Other creditors
420,255
 
417,251
 
539,978
 
418,355
 

7 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts -  
202,894