| Shiva (York) Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
| 1 |
Accounting policies |
|
The accounts have been prepared under the historical cost convention. |
|
|
Trade debtors |
|
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. |
|
|
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. |
|
|
Share capital |
|
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial meaurement is on a present value basis. |
|
| 2 |
Other information |
|
|
Shiva (York) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
Regent House |
|
Theobald Street |
|
Borehamwood |
|
Hertfordshire |
|
WD6 4RS |