ACCOUNTS - Final Accounts preparation

Registered number: 15645498

Shree Guru Enterprises Limited

Financial statements

Information for filing with the registrar

30 April 2025


Shree Guru Enterprises Limited

Balance sheet

At 30 April 2025

		2025
Note		£

Fixed assets
Investments	4		4
Investment property	5		1,062,172
			1,062,176
Current assets
Bank and cash balances		1,403
		1,403
Creditors: amounts falling due within one year	6	(272,639)
Net current (liabilities)/assets			(271,236)
Total assets less current liabilities			790,940
Creditors: amounts falling due after more than one year	7		(802,128)

Net (liabilities)/assets			(11,188)

Capital and reserves
Called up share capital			100
Profit and loss account			(11,288)
Shareholders' deficit			(11,188)


Shree Guru Enterprises Limited

Balance sheet (continued)

At 30 April 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 January 2026.

H K Patel	S Patel
Director	Director

Company registered number: 15645498

The notes on pages 3 to 6 form part of these financial statements.


Shree Guru Enterprises Limited

Notes to the financial statements

Period ended 30 April 2025

1.	General information

Shree Guru Enterprises Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The address of the registered office is 1 Compton Road, Winchmore Hill, London, United Kingdom, N21 3PA.

2.Accounting policies

2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) and the Companies Act 2006.

2.2

Going concern

The directors believe that the company will be able to continue to trade within its working capital facilities for the foreseeable future and with the continued support of the directors and shareholders. They choose to prepare the accounts on a going concern basis.

2.3

Revenue

The turnover recognised in the profit and loss account represents (NHS contract income, private fees and capitation scheme income) receivable during the (year/period).

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.8

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes


Shree Guru Enterprises Limited

Notes to the financial statements

Period ended 30 April 2025

2.Accounting policies (continued)

2.8

Financial instruments (continued)

party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Employees

The average monthly number of employees, including directors, during the period was 2.


Shree Guru Enterprises Limited

Notes to the financial statements

Period ended 30 April 2025

4.	Investments

		Investments in subsidiary companies
		£
	Cost
	Additions	4
	At 30 April 2025	4

5.	Investment property

		Freehold investment property
		£
	Valuation
	Additions at cost	1,062,172
	At 30 April 2025	1,062,172

In the opinion of the director, valuation of the investment property is fair and unlikely to represent a
material difference to true valuation.

6.	Creditors: amounts falling due within one year
		2025
		£

	Bank loans	18,146
	Other loans	50,000
	Trade creditors	106
	Amounts owed to group undertakings	4
	Other creditors	201,023
	Accruals and deferred income	3,360
		272,639


Shree Guru Enterprises Limited

Notes to the financial statements

Period ended 30 April 2025

7.	Creditors: amounts falling due after more than one year
		2025
		£

	Bank loans	722,961
	Other loans	79,167
		802,128

8.	Related party transactions
	During the period, the company operated on normal commercial terms with Broadway Dental Care Ltd. The amount owed to Broadway Dental Care Ltd at 30 April 2025 was £2. During the period, the company operated on normal commercial terms with Valley Dental Practice Ltd. The amount owed to Valley Dental Practice Ltd at 30 April 2025 was £2.