REGISTERED NUMBER: 12823523 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Shyamsunder Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Khandelwal

Mrs N S Khandelwal

REGISTERED OFFICE:

Brunel House

11 The Promenade

Clifton

Bristol

BS8 3NG

REGISTERED NUMBER:

12823523 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Intangible assets

4

88,550

101,200

Tangible assets

5

45,998

43,951

134,548

145,151

CURRENT ASSETS

Stocks

40,000

37,000

Debtors

6

35,250

5,250

Cash at bank and in hand

70,089

78,516

145,339

120,766

CREDITORS

Amounts falling due within one year

7

83,528

75,111

NET CURRENT ASSETS

61,811

45,655

TOTAL ASSETS LESS CURRENT LIABILITIES

196,359

190,806

CREDITORS

Amounts falling due after more than one year

8

(56,902

)

(67,679

)

PROVISIONS FOR LIABILITIES

(10,008

)

-

NET ASSETS

129,449

123,127

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

11

129,249

122,927

SHAREHOLDERS' FUNDS

129,449

123,127

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by:

Mr S Khandelwal - Director

Mrs N S Khandelwal - Director

1.	STATUTORY INFORMATION

Shyamsunder 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

33.33% on straight line basis, 25% on reducing balance basis and 15% on reducing balance basis

Stocks

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

126,500

AMORTISATION

At 1 January 2025

25,300

Amortisation for year

12,650

At 31 December 2025

37,950

NET BOOK VALUE

At 31 December 2025

88,550

At 31 December 2024

101,200

5.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

and

Motor

Computer

prop

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

533

12,096

58,635

958

72,222

Additions

-

-

13,490

-

13,490

At 31 December 2025

533

12,096

72,125

958

85,712

DEPRECIATION

At 1 January 2025

-

6,519

21,072

680

28,271

Charge for year

-

836

10,515

92

11,443

At 31 December 2025

-

7,355

31,587

772

39,714

NET BOOK VALUE

At 31 December 2025

533

4,741

40,538

186

45,998

At 31 December 2024

533

5,577

37,563

278

43,951

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Intercompany loan Labon Enterprise Ltd

30,000

-

Other debtors

3,500

3,500

Prepayments

1,750

1,750

35,250

5,250

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

5,496

-

Hire purchase contracts

7,739

5,627

Trade creditors

9,461

12,841

Tax

20,983

18,900

Social security and other taxes

333

304

VAT

6,340

5,571

Other creditors

2,278

1,796

Directors' loan accounts

27,498

26,672

Accrued expenses

3,400

3,400

83,528

75,111

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

19,267

30,268

Hire purchase contracts

37,635

37,411

56,902

67,679

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

5,496

-

Amounts falling due between two and five years:

Bank loans - 2-5 years

19,267

30,268

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary A

1

100

100

100

Ordinary B

1

100

100

200

200

11.

RESERVES

Retained

earnings

£

At 1 January 2025

122,927

Profit for the year

45,972

Dividends

(39,650

)

At 31 December 2025

129,249

12.	RELATED PARTY DISCLOSURES