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REGISTERED NUMBER: 05449842 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SHIKHA (LONDON) LIMITED

SHIKHA (LONDON) LIMITED (REGISTERED NUMBER: 05449842)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SHIKHA (LONDON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Murari Thapa



SECRETARY: Shikha Thapa



REGISTERED OFFICE: Unit 13 Oliver Business Park
Oliver Road
Park Royal
London
NW10 7JB



REGISTERED NUMBER: 05449842 (England and Wales)



ACCOUNTANTS: Hadleys & Co.
Ground Floor
Import Building
2 Clove Crescent
London
E14 2BE



BANKERS: Barclays Bank PLC
1 Churchill Place
London
E14 5HP

SHIKHA (LONDON) LIMITED (REGISTERED NUMBER: 05449842)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 1,074,259 1,075,118
1,074,259 1,075,118

CURRENT ASSETS
Stocks 9,062 32,562
Debtors 5 10,000 10,519
Cash at bank and in hand 4,482 12,663
23,544 55,744
CREDITORS
Amounts falling due within one year 6 (380,048 ) (402,946 )
NET CURRENT LIABILITIES (356,504 ) (347,202 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

717,755

727,916

CREDITORS
Amounts falling due after more than one year 7 (180,045 ) (199,009 )
NET ASSETS 537,710 528,907

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 537,610 528,807
SHAREHOLDERS' FUNDS 537,710 528,907

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SHIKHA (LONDON) LIMITED (REGISTERED NUMBER: 05449842)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 director and authorised for issue on 24 June 2025 and were signed by:





Murari Thapa - Director


SHIKHA (LONDON) LIMITED (REGISTERED NUMBER: 05449842)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance and at variable rates on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

2. EMPLOYEES AND DIRECTORS

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

SHIKHA (LONDON) LIMITED (REGISTERED NUMBER: 05449842)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 30,000
AMORTISATION
At 1 October 2023
and 30 September 2024 30,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 1,070,263 30,070 1,100,333
DEPRECIATION
At 1 October 2023 - 25,215 25,215
Charge for year - 859 859
At 30 September 2024 - 26,074 26,074
NET BOOK VALUE
At 30 September 2024 1,070,263 3,996 1,074,259
At 30 September 2023 1,070,263 4,855 1,075,118

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 10,000 10,519

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,693 3,983
Trade creditors 3,000 126,982
Taxation and social security 62,297 132,747
Other creditors 311,058 139,234
380,048 402,946

SHIKHA (LONDON) LIMITED (REGISTERED NUMBER: 05449842)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 180,045 199,009

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 143,918 152,178