Elgin Shaw Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10828387

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		265

			-		265
CURRENT ASSETS
Debtors	5	12,514		-
Cash at bank and in hand		-		3,753

		12,514		3,753
Creditors: Amounts Falling Due Within One Year	6	(5,078 )		(18,041 )

NET CURRENT ASSETS (LIABILITIES)			7,436		(14,288 )

TOTAL ASSETS LESS CURRENT LIABILITIES			7,436		(14,023 )

Creditors: Amounts Falling Due After More Than One Year	7		(3,663 )		(6,251 )

NET ASSETS/(LIABILITIES)			3,773		(20,274 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			3,772		(20,275 )

SHAREHOLDERS' FUNDS			3,773		(20,274)

Page 1

Page 2

Elgin Shaw Limited

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Muhammed Farooqi

Director

9th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Elgin Shaw Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10828387 . The registered office is 71-75 Shelton Street, Covent Garden, London, England, WC2H 9JQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

33% Straight Line Method

2.4. Taxation

Income tax expense represents the sum of the tax currently payable tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 July 2024	780

As at 30 June 2025	780

Depreciation
As at 1 July 2024	515
Provided during the period	265

As at 30 June 2025	780

...CONTINUED

Page 3

Page 4

Elgin Shaw Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

Net Book Value
As at 30 June 2025	-

As at 1 July 2024	265

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	12,514	-

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	11	-
Other creditors	-	8,452
Taxation and social security	5,067	9,589

	5,078	18,041

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	3,663	6,251

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 July 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 June 2025
	£	£	£	£	£
Mr Muhammed Farooqi	(5,050 )	21,500	3,936	-	12,514

The above loan is unsecured, interest free and repayable on demand.

Page 4