Company Registration No. 08296916 (England and Wales)
SHARAD FINANCIAL SERVICES LTD
Unaudited accounts
for the year ended 30 November 2025
SHARAD FINANCIAL SERVICES LTD
Unaudited accounts
Contents
SHARAD FINANCIAL SERVICES LTD
Company Information
for the year ended 30 November 2025
Director
Sharad Champaneria
Company Number
08296916 (England and Wales)
Registered Office
1 COOPER GARDENS
OADBY
LEICESTER
LE2 4TX
Accountants
CJK Accountants
4 Marsh Drive
Husbands Bosworth
Lutterworth
Leicestershire
LE17 6PU
SHARAD FINANCIAL SERVICES LTD
Statement of financial position
as at 30 November 2025
Tangible assets
55,836
66,276
Cash at bank and in hand
5,530
20,779
Creditors: amounts falling due within one year
(15,779)
(36,981)
Net current liabilities
(2,077)
(8,030)
Total assets less current liabilities
53,759
58,246
Creditors: amounts falling due after more than one year
(41,699)
(54,162)
Called up share capital
10
10
Profit and loss account
12,050
4,074
Shareholders' funds
12,060
4,084
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2026 and were signed on its behalf by
Sharad Champaneria
Director
Company Registration No. 08296916
SHARAD FINANCIAL SERVICES LTD
Notes to the Accounts
for the year ended 30 November 2025
SHARAD FINANCIAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 08296916. The registered office is 1 COOPER GARDENS, OADBY, LEICESTER, LE2 4TX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
255 reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2024
999
98,375
508
7,779
107,661
At 30 November 2025
999
98,375
508
7,779
107,661
At 1 December 2024
333
35,415
426
5,211
41,385
Charge for the year
333
9,444
21
642
10,440
At 30 November 2025
666
44,859
447
5,853
51,825
At 30 November 2025
333
53,516
61
1,926
55,836
At 30 November 2024
666
62,960
82
2,568
66,276
Amounts falling due within one year
SHARAD FINANCIAL SERVICES LTD
Notes to the Accounts
for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,400
2,400
Obligations under finance leases and hire purchase contracts
9,238
9,238
Taxes and social security
3,693
4,595
Loans from directors
-
20,300
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
32,910
42,973
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).