Sharmella D Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10774741 (England and Wales)

Financial Statements

for the Year Ended 31 May 2025

for

SHARMELLA D LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss K Y Fung

REGISTERED OFFICE:

143 Station Road

Hampton

Middlesex

TW12 2AL

REGISTERED NUMBER:

10774741 (England and Wales)

ACCOUNTANTS:

Alvis & Company (Accountants) Limited

143 Station Road

Hampton

Middlesex

TW12 2AL

FIXED ASSETS

Tangible assets

4

1,167

272

Investment property

5

488,091

559,315

489,258

559,587

CURRENT ASSETS

Debtors

6

5,597

4,657

Cash at bank

3,637

5,549

9,234

10,206

CREDITORS

Amounts falling due within one year

7

(379,287

)

(381,588

)

NET CURRENT LIABILITIES

(370,053

)

(371,382

)

TOTAL ASSETS LESS CURRENT

LIABILITIES

119,205

188,205

CREDITORS

Amounts falling due after more than one

year

8

(259,342

)

(338,465

)

NET LIABILITIES

(140,137

)

(150,260

)

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

(140,237

)

(150,360

)

SHAREHOLDERS' FUNDS

(140,137

)

(150,260

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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

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

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

Miss K Y Fung - Director

1.	STATUTORY INFORMATION

Sharmella D Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Know How have been fully amortised in the current year.

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

-

20% on cost

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 June 2024

16,350

Additions

1,308

Disposals

(7,252

)

At 31 May 2025

10,406

DEPRECIATION

At 1 June 2024

16,078

Charge for year

413

Eliminated on disposal

(7,252

)

At 31 May 2025

9,239

NET BOOK VALUE

At 31 May 2025

1,167

At 31 May 2024

272

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

559,315

Additions

43,777

Disposals

(115,001

)

At 31 May 2025

488,091

NET BOOK VALUE

At 31 May 2025

488,091

At 31 May 2024

559,315

Fair value at 31 May 2025 is represented by:

£

Valuation in 2019

(16,577

)

Valuation in 2022

(6,845

)

Cost

511,513

488,091

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Other debtors

5,597

4,657

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Trade creditors

-

3,497

Other creditors

379,287

378,091

379,287

381,588

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR

31.5.25

31.5.24

£

Bank loans

259,342

338,465

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

259,342

338,465

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

Shawbrook Bank

259,342

338,465

The first mortgage provided by Shawbrook Bank Ltd is secured against the freehold interest in the land and property known as 7A Kelvin Street, 36E Imperial Drive and 8 Heathcroft Rise by way of a fixed and floating charge.

The second mortgage provided by Shawbrook Bank Ltd is secured against the freehold interest in the land and property known as 3 Henley Road by way of fixed charge and contains negative pledge.

The third mortgage provided by Shawbrook Bank Ltd is secured against the freehold interest in the land and property known as 142A Stevenson St, 52 Kelvin Gardens by way of a fixed and floating charge.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

100

Ordinary

1

100

11.	GOING CONCERN

The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.