| Shakti Ghar Ltd |
| Registered number: |
12700481 |
| Statement of Financial Position |
| as at 30 June 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
355,000 |
|
|
353,000 |
|
| Current assets |
| Debtors |
5 |
|
- |
|
|
2,810 |
| Cash at bank and in hand |
|
|
6,406 |
|
|
1,807 |
|
|
|
6,406 |
|
|
4,617 |
|
| Creditors: amounts falling due within one year |
6 |
|
(98,622) |
|
|
(105,268) |
|
| Net current liabilities |
|
|
|
(92,216) |
|
|
(100,651) |
|
| Total assets less current liabilities |
|
|
|
262,784 |
|
|
252,349 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(227,251) |
|
|
(227,269) |
|
| Provisions for liabilities |
|
|
|
(10,274) |
|
|
(9,894) |
|
|
| Net assets |
|
|
|
25,259 |
|
|
15,186 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Fair value reserve |
9 |
|
|
43,799 |
|
|
42,179 |
| Profit and loss account |
|
|
|
(18,541) |
|
|
(26,994) |
|
| Shareholder's funds |
|
|
|
25,259 |
|
|
15,186 |
|
|
|
|
|
|
|
|
| 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 her 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 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. |
|
|
|
|
| Kuma Rai |
| Director |
| Approved by the board on 30 September 2025 |
|
| Shakti Ghar Ltd |
| Notes to the Accounts |
| for the year ended 30 June 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
|
|
|
Going concern |
|
The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing to trade as the director of the company is funding the company in the form of a director’s loan. The director is planning to continue this financial support for the company for the foreseeable future. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from property rental. Turnover from the rental is recognised by reference to the stage of completion of the tenancy. |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Provisions |
|
Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
| 2 |
Exceptional items |
2025 |
|
2024 |
| £ |
£ |
|
|
Value adjustments on fixed assets and current asset investments |
(2,000) |
|
(43,000) |
|
|
|
|
|
|
(2,000) |
|
(43,000) |
|
|
|
|
|
|
|
|
|
|
| 3 |
Employees and directors |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of directors and persons employed by the company |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 July 2024 |
353,000 |
|
Fair value movements |
2,000 |
|
At 30 June 2025 |
355,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 June 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2025 |
355,000 |
|
At 30 June 2024 |
353,000 |
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
- |
|
2,810 |
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Accruals |
906 |
|
864 |
|
Other creditors |
97,716 |
|
104,404 |
|
|
|
|
|
|
98,622 |
|
105,268 |
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
227,251 |
|
227,269 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
|
Secured bank loans |
227,251 |
|
227,269 |
|
|
|
|
|
|
|
|
|
|
The bank loan is secured against the investment property. |
|
| 9 |
Fair value reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 July 2024 |
42,179 |
|
7,349 |
|
Gain on revaluation of land and buildings |
2,000 |
|
43,000 |
|
Deferred taxation arising on the revaluation of land and buildings |
(380) |
|
(8,170) |
|
|
At 30 June 2025 |
43,799 |
|
42,179 |
|
|
|
|
|
|
|
|
|
|
| 10 |
Other information |
|
|
Shakti Ghar Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
42 Badajos Road |
|
Aldershot |
|
Hampshire |
|
GU11 1AQ |