1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-06-01 Sage Accounts Production Advanced 2024 - FRS102_2024 1,963 1,099 3,062 585 495 1,080 1,982 1,378 xbrli:pure xbrli:shares iso4217:GBP 14132423 2024-06-01 2025-05-31 14132423 2025-05-31 14132423 2024-05-31 14132423 2023-06-01 2024-05-31 14132423 2024-05-31 14132423 2023-05-31 14132423 bus:Director1 2024-06-01 2025-05-31 14132423 core:WithinOneYear 2025-05-31 14132423 core:WithinOneYear 2024-05-31 14132423 core:ShareCapital 2025-05-31 14132423 core:ShareCapital 2024-05-31 14132423 core:RetainedEarningsAccumulatedLosses 2025-05-31 14132423 core:RetainedEarningsAccumulatedLosses 2024-05-31 14132423 bus:Director1 2023-05-31 14132423 bus:SmallEntities 2024-06-01 2025-05-31 14132423 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 14132423 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 14132423 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14132423 bus:FullAccounts 2024-06-01 2025-05-31 14132423 core:OfficeEquipment 2024-06-01 2025-05-31 14132423 core:OfficeEquipment 2024-05-31 14132423 core:OfficeEquipment 2025-05-31
COMPANY REGISTRATION NUMBER: 14132423
Shiri K Solutions Limited
Filleted Unaudited Financial Statements
31 May 2025
Shiri K Solutions Limited
Statement of Financial Position
31 May 2025
2025
2024
Note
£
£
£
Fixed assets
Tangible assets
5
1,982
1,378
Current assets
Debtors
6
12,579
6,725
Cash at bank and in hand
31,620
14,796
--------
--------
44,199
21,521
Creditors: amounts falling due within one year
7
14,504
5,136
--------
--------
Net current assets
29,695
16,385
--------
--------
Total assets less current liabilities
31,677
17,763
--------
--------
Net assets
31,677
17,763
--------
--------
Capital and reserves
Called up share capital
1
1
Profit and loss account
31,676
17,762
--------
--------
Shareholders funds
31,677
17,763
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Shiri K Solutions Limited
Statement of Financial Position (continued)
31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 28 July 2025 , and are signed on behalf of the board by:
Ms S Koren
Director
Company registration number: 14132423
Shiri K Solutions Limited
Notes to the Financial Statements
Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 6 Randolph Court, 109 Bunns Lane, London, NW7 2BF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
20% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments 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. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
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. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are 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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Tangible assets
Equipment
£
Cost
At 1 June 2024
1,963
Additions
1,099
-------
At 31 May 2025
3,062
-------
Depreciation
At 1 June 2024
585
Charge for the year
495
-------
At 31 May 2025
1,080
-------
Carrying amount
At 31 May 2025
1,982
-------
At 31 May 2024
1,378
-------
6. Debtors
2025
2024
£
£
Trade debtors
11,971
5,554
Other debtors
608
1,171
--------
-------
12,579
6,725
--------
-------
7. Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
12,857
3,567
Other creditors
1,647
1,569
--------
-------
14,504
5,136
--------
-------
8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
Balance brought forward and outstanding
2025
2024
£
£
Ms S Koren
( 489)
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