| SHAROUDI LTD. |
| Registered number: |
SC413064 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
|
|
|
- |
|
|
- |
| Tangible assets |
3 |
|
|
719 |
|
|
846 |
| Investments |
|
|
|
- |
|
|
- |
|
|
|
|
719 |
|
|
846 |
|
| Current assets |
| Stocks |
|
|
5,200 |
|
|
5,000 |
| Debtors |
|
|
- |
|
|
- |
| Investments held as current assets |
|
|
- |
|
|
- |
| Cash at bank and in hand |
|
|
1,493 |
|
|
1,063 |
|
|
|
6,693 |
|
|
6,063 |
|
| Creditors: amounts falling due within one year |
4 |
|
(675) |
|
|
(768) |
|
| Net current assets |
|
|
|
6,018 |
|
|
5,295 |
|
| Total assets less current liabilities |
|
|
|
6,737 |
|
|
6,141 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(52,771) |
|
|
(64,951) |
|
| Provisions for liabilities |
|
|
|
- |
|
|
- |
|
|
| Net liabilities |
|
|
|
(46,034) |
|
|
(58,810) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Share premium |
|
|
|
- |
|
|
- |
| Revaluation reserve |
|
|
|
- |
|
|
- |
| Profit and loss account |
|
|
|
(46,035) |
|
|
(58,811) |
|
| Shareholder's funds |
|
|
|
(46,034) |
|
|
(58,810) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| ABBAS SHAROUDI |
| Director |
| Approved by the board on 9 September 2025 |
|
| SHAROUDI LTD. |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at 15% reducing balance basis. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Computer equipment |
|
|
|
Total |
| £ |
£ |
|
Cost |
|
At 1 January 2024 |
5,950 |
|
|
|
5,950 |
|
Additions |
- |
|
|
|
- |
|
Surplus on revaluation |
- |
|
|
|
- |
|
Disposals |
- |
|
|
|
- |
|
At 31 December 2024 |
5,950 |
|
|
|
5,950 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
5,104 |
|
|
|
5,104 |
|
Charge for the year |
127 |
|
|
|
127 |
|
Surplus on revaluation |
- |
|
|
|
- |
|
On disposals |
- |
|
|
|
- |
|
At 31 December 2024 |
5,231 |
|
|
|
5,231 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
719 |
|
|
|
719 |
|
At 31 December 2023 |
846 |
|
|
|
846 |
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Non-equity preference shares |
- |
|
- |
|
Bank loans and overdrafts |
- |
|
- |
|
Obligations under finance lease and hire purchase contracts |
675 |
|
768 |
|
Trade creditors |
- |
|
- |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
- |
|
- |
|
Taxation and social security costs |
- |
|
- |
|
Other creditors |
- |
|
- |
|
|
|
|
|
|
675 |
|
768 |
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Non-equity preference shares |
- |
|
- |
|
Bank loans |
- |
|
- |
|
Obligations under finance lease and hire purchase contracts |
- |
|
- |
|
Trade creditors |
- |
|
- |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
- |
|
- |
|
Other creditors |
52,771 |
|
64,951 |
|
|
|
|
|
|
52,771 |
|
64,951 |
|
|
|
|
|
|
|
|
|
| 6 |
Off-balance sheet arrangements |
|
|
NONE. |
|
| 7 |
Other information |
|
|
SHAROUDI LTD. is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
35 BYRES ROAD |
|
|
GLASGOW |
|
|
G11 5RD |