REGISTERED NUMBER: 05150164 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Shiram Properties Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M I Freeman

Mrs S Freeman

SECRETARY:

Mr M I Freeman

REGISTERED OFFICE:

The Gatehouse

453 Cranbrook Road

Ilford

IG2 6EW

REGISTERED NUMBER:

05150164 (England and Wales)

ACCOUNTANTS:

Nielsens

Chartered Accountants

The Gatehouse

453 Cranbrook Road

Ilford

Essex

IG2 6EW

FIXED ASSETS

Tangible assets

4

825,875

834,500

CURRENT ASSETS

Debtors

84,002

83,852

Cash at bank

19,564

14,027

103,566

97,879

CREDITORS

Amounts falling due within one year

380,737

413,115

NET CURRENT LIABILITIES

(277,171

)

(315,236

)

TOTAL ASSETS LESS CURRENT LIABILITIES

548,704

519,264

PROVISIONS FOR LIABILITIES

64,688

64,688

NET ASSETS

484,016

454,576

CAPITAL AND RESERVES

Called up share capital

200

200

Fair value reserve

5

258,750

258,750

Retained earnings

225,066

195,626

484,016

454,576

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by:

Mr M I Freeman - Director

1.	STATUTORY INFORMATION

Shiram Properties 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.

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.

Tangible fixed assets

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

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 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2025

and 31 March 2026

846,000

DEPRECIATION

At 1 April 2025

11,500

Charge for year

8,625

At 31 March 2026

20,125

NET BOOK VALUE

At 31 March 2026

825,875

At 31 March 2025

834,500

Cost or valuation at 31 March 2026 is represented by:

Totals

£

Valuation in 2022

183,750

Valuation in 2024

75,000

Valuation in 2026

541,250

Cost

46,000

846,000

If the property had not been revalued it would have been included at the following historical cost:

31.3.26

31.3.25

£

£

Cost

541,250

541,250

Freehold property was valued on an open market basis on 1 May 2024 by Martin Freeman .

5.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

258,750