REGISTERED NUMBER: 12258024 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

SHABSOI LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

C D Deutsch

REGISTERED OFFICE:

20 Heathland Road

London

United Kingdom

N16 5NH

REGISTERED NUMBER:

12258024 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

499,999

499,999

CURRENT ASSETS

Debtors

5

976,585

674,182

Investments

6

50

50

Cash at bank

246,752

366,474

1,223,387

1,040,706

CREDITORS

Amounts falling due within one year

7

(112,276

)

(112,656

)

NET CURRENT ASSETS

1,111,111

928,050

TOTAL ASSETS LESS CURRENT LIABILITIES

1,611,110

1,428,049

CREDITORS

Amounts falling due after more than one year

8

(539,175

)

(529,179

)

NET ASSETS

1,071,935

898,870

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

11

1,071,934

898,869

SHAREHOLDERS' FUNDS

1,071,935

898,870

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 July 2026 and were signed by:

C D Deutsch - Director

1.	STATUTORY INFORMATION

Shabsoi 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.

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.

Turnover

Turnover represents net rent receivable, excluding value added tax.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

499,999

NET BOOK VALUE

At 31 October 2025

499,999

At 31 October 2024

499,999

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other debtors

976,585

674,182

6.	CURRENT ASSET INVESTMENTS

31.10.25

31.10.24

£

£

Unlisted investments

50

50

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

108,788

109,168

Directors' current accounts

2,528

2,528

Accrued expenses

960

960

112,276

112,656

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans more 5 yrs non-inst

354,675

354,679

Amounts owed to joint ventures

184,500

174,500

539,175

529,179

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

354,675

354,679

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

354,675

354,679

Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

1

Ordinary

£1

1

1

11.

RESERVES

Retained

earnings

£

At 1 November 2024

898,869

Profit for the year

208,915

Dividends

(35,850

)

At 31 October 2025

1,071,934

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £35,850 (2024 - £24,800) were paid to the director .

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C D Deutsch.