REGISTERED NUMBER: 05991525 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

Shivam Capital Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B J Patel

Mr J N Patel

Mr K J Patel

Mr K V Patel

SECRETARY:

Mr K J Patel

REGISTERED OFFICE:

12 Elgin Crescent

Notting Hill

London

W11 2HX

REGISTERED NUMBER:

05991525 (England and Wales)

ACCOUNTANTS:

RNS Business Solutions Limited

Chartered Accountants

276 Preston Road

Harrow

Middlesex

HA3 0QA

FIXED ASSETS

Intangible assets

4

172,529

195,969

Tangible assets

5

168,115

189,302

Investments

6

80

80

340,724

385,351

CURRENT ASSETS

Stocks

485,426

551,072

Debtors

7

218,317

232,558

Cash at bank and in hand

453,000

274,367

1,156,743

1,057,997

CREDITORS

Amounts falling due within one year

8

(314,544

)

(459,675

)

NET CURRENT ASSETS

842,199

598,322

TOTAL ASSETS LESS CURRENT LIABILITIES

1,182,923

983,673

PROVISIONS FOR LIABILITIES

(38,673

)

(43,382

)

NET ASSETS

1,144,250

940,291

CAPITAL AND RESERVES

Called up share capital

160

160

Profit and loss account

1,144,090

940,131

SHAREHOLDERS' FUNDS

1,144,250

940,291

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2025 and were signed on its behalf by:

Mr B J Patel - Director

Mr J N Patel - Director

Mr K J Patel - Director

Mr K V Patel - Director

1.	STATUTORY INFORMATION

Shivam Capital 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Shivam Capital Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the newsagent and convenience goods has transferred to the buyer. This is usually at the point that the customer has paid for the goods.

Goodwill

Externally purchased goodwill is stated at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised over its estimated useful life of ten years on straight line basis.

Tangible fixed assets

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

Short leasehold

-

Over the period of the lease

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 and Loss Account.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

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 27 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

234,399

AMORTISATION

At 1 April 2024

38,430

Amortisation for year

23,440

At 31 March 2025

61,870

NET BOOK VALUE

At 31 March 2025

172,529

At 31 March 2024

195,969

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

29,857

317,105

14,000

33,351

394,313

Additions

-

19,759

-

310

20,069

Disposals

-

(1,220

)

-

-

(1,220

)

At 31 March 2025

29,857

335,644

14,000

33,661

413,162

DEPRECIATION

At 1 April 2024

15,153

164,339

9,413

16,106

205,011

Charge for year

2,158

34,465

917

3,511

41,051

Eliminated on disposal

-

(1,015

)

-

-

(1,015

)

At 31 March 2025

17,311

197,789

10,330

19,617

245,047

NET BOOK VALUE

At 31 March 2025

12,546

137,855

3,670

14,044

168,115

At 31 March 2024

14,704

152,766

4,587

17,245

189,302

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

80

NET BOOK VALUE

At 31 March 2025

80

At 31 March 2024

80

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

38,512

41,227

Amounts owed by group undertakings

56,532

80,532

Other debtors

123,273

110,799

218,317

232,558

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

133,597

173,888

Taxation and social security

109,567

32,941

Other creditors

71,380

252,846

314,544

459,675

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/25

31/3/24

£

£

Within one year

154,951

171,000

Between one and five years

376,000

452,951

In more than five years

273,178

351,178

804,129

975,129

10.	RELATED PARTY DISCLOSURES

Included in creditors are amounts due to persons who are directors and shareholders of £16,792 (2024: £73,681). The outstanding loan due is interest free and payable on demand.

Included in creditors is an amount due to a director of £3,094 (2024: £22,054). The outstanding loan due is interest free and payable on demand.

Included in creditors is an amount due to a shareholder of £10,000 (2024: £10,000). The outstanding loan due is interest free and payable on demand.

Included in debtors is an amount due from a subsidiary company of £56,532 (2024: £80,532). The outstanding loan due is interest free and receivable on demand.