REGISTERED NUMBER: 04913471 (England and Wales)

SE - SHIN LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S Kamyab

Mrs S Keshmiri

S Kamyab

Dr S Kamyab

SECRETARY:

S Kamyab

REGISTERED OFFICE:

46 High Street Colliers Wood

London

SW19 2B

REGISTERED NUMBER:

04913471 (England and Wales)

ACCOUNTANTS:

Joseph Kahan Associates LLP

Chartered Accountants

923 Finchley Road

London

NW11 7PE

FIXED ASSETS

Tangible assets

4

11,128

4,991

Investment property

5

6,209,615

6,139,750

6,220,743

6,144,741

CURRENT ASSETS

Debtors

25,575

-

Cash at bank

15,113

32,922

40,688

32,922

CREDITORS

Amounts falling due within one year

3,233,920

3,160,622

NET CURRENT LIABILITIES

(3,193,232

)

(3,127,700

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,027,511

3,017,041

CREDITORS

Amounts falling due after more than one year

6

(460,940

)

(493,173

)

PROVISIONS FOR LIABILITIES

(619,238

)

(619,238

)

NET ASSETS

1,947,333

1,904,630

CAPITAL AND RESERVES

Called up share capital

8

4

4

Revaluation reserve

989,788

989,788

Retained earnings

957,541

914,838

SHAREHOLDERS' FUNDS

1,947,333

1,904,630

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 directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

S Kamyab - Director

1.	STATUTORY INFORMATION

Se - Shin Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2023

26,198

Additions

8,867

At 30 September 2024

35,065

DEPRECIATION

At 1 October 2023

21,207

Charge for year

2,730

At 30 September 2024

23,937

NET BOOK VALUE

At 30 September 2024

11,128

At 30 September 2023

4,991

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

6,139,750

Additions

69,865

At 30 September 2024

6,209,615

NET BOOK VALUE

At 30 September 2024

6,209,615

At 30 September 2023

6,139,750

The directors are of the opinion that the fair value of the of the investment properties as at the 30th September 2024 was £6,209,615 (2023 : £6,139,750).

The gain on the revaluation has been shown on the profit & loss account as per FRS102 1A prescribed treatment.

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2024

2023

£

£

Repayable by instalments

Bank loans more 5 yr by instal

307,419

340,767

7.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

508,753

533,833

Loans are secured by a first legal charge on properties held by the company.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

4

Ordinary

£1

4

4

9.	RELATED PARTY DISCLOSURES

The following advances were received from companies which shared a common Director:

Putney Dental Ltd £896,985 ( 2023 £854,272).

SK Dental Practice Ltd £205,250 (2023 £205,250)

Thornton Heath Dental Practice Ltd £1,045,072 ( 2023 £987,634)

A commercial rate of interest was charged on these loans and is reflected in the accounts.