REGISTERED NUMBER: 08757936 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SHIVISI LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M S Factor

REGISTERED OFFICE:

105 Eade Road

OCC Building A

2nd Floor Unit 11a

London

N4 1TJ

REGISTERED NUMBER:

08757936 (England and Wales)

ACCOUNTANTS:

DAS Accounting & Partners (UK) LLP

105 Eade Road

OCC Building A

2nd Floor Unit 11a

London

N4 1TJ

FIXED ASSETS

Intangible assets

5

3,014

3,767

Tangible assets

6

8,911

11,740

Investments

7

1

1

Investment property

8

180,000

1,596,360

191,926

1,611,868

CURRENT ASSETS

Debtors

9

1,437,765

623,639

Cash at bank

12,816

43,298

1,450,581

666,937

CREDITORS

Amounts falling due within one year

10

(1,433,261

)

(1,145,765

)

NET CURRENT ASSETS/(LIABILITIES)

17,320

(478,828

)

TOTAL ASSETS LESS CURRENT LIABILITIES

209,246

1,133,040

CREDITORS

Amounts falling due after more than one year

11

(201,445

)

(1,016,083

)

PROVISIONS FOR LIABILITIES

12

(14,500

)

(27,600

)

NET (LIABILITIES)/ASSETS

(6,699

)

89,357

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(6,799

)

89,257

SHAREHOLDERS' FUNDS

(6,699

)

89,357

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

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

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2026 and were signed by:

Mrs M S Factor - Director

1.	STATUTORY INFORMATION

Shivisi 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty

Judgements made by the director, in the application of these accounting policies that have significant effect on the financial statements and estimates with a significant risk of material adjustment in the next year are discussed below:

The company's investment property is valued by the director. The valuation of the company's property is inherently subjective, depending on many factors, including the individual nature of the property, its location and expected future net rental value, market yield and comparable market conditions. Therefore the valuation is subject to a degree of uncertainty and is made on the basis of assumptions which may not prove to be accurate, particularly in periods of difficult market or economic conditions.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Turnover

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

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.

Development costs are being amortised evenly over their estimated useful life of ten years.

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.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Fixed assets

Fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

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.

Fixtures and fittings - 25% reducing balance

Equipment - 25% reducing balance

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprise a small group.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 3 ).

5.	DEVELOPMENT COSTS

Development

costs

£

COST

At 1 September 2024

and 31 August 2025

10,043

AMORTISATION

At 1 September 2024

6,276

Amortisation for year

753

At 31 August 2025

7,029

NET BOOK VALUE

At 31 August 2025

3,014

At 31 August 2024

3,767

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Equipment

fittings

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

4,038

20,209

24,247

DEPRECIATION

At 1 September 2024

2,337

10,170

12,507

Charge for year

319

2,510

2,829

At 31 August 2025

2,656

12,680

15,336

NET BOOK VALUE

At 31 August 2025

1,382

7,529

8,911

At 31 August 2024

1,701

10,039

11,740

7.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2024

and 31 August 2025

1

NET BOOK VALUE

At 31 August 2025

1

At 31 August 2024

1

The company holds the ordinary issued share capital of Shivisi Investments Ltd, incorporated and registered in England and Wales. The registered address of Shivisi Investments Ltd is 19 Clock House, 149 Stamford Hill, London, N16 5LG.

Consolidated financial statements have not been prepared as the company has taken advantage of the exemptions conferred by Section 398 Companies Act 2006.

8.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

1,596,360

Disposals

(1,363,360

)

Revaluations

(53,000

)

At 31 August 2025

180,000

NET BOOK VALUE

At 31 August 2025

180,000

At 31 August 2024

1,596,360

The director is of the opinion that £180,000 represents the open market value of the company's investment property at 31 August 2025. This historical cost of the investment property is £117,086 (2024: £1,480,446)

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,437,765

623,639

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,734

4,734

Trade creditors

458

5,234

Amounts owed to group undertakings

959

22,683

Taxation

81,760

79,500

Other creditors

1,345,350

1,033,614

1,433,261

1,145,765

11.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans due in more than one year

201,445

1,016,083

The bank loans are secured by legal charges over the company's investment property.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

14,500

27,600

Deferred

tax

£

Balance at 1 September 2024

27,600

Credit to Profit and Loss Account during year

(13,100

)

Balance at 31 August 2025

14,500

The provision for deferred tax is in relation to timing differences in respect of the revaluation of investment property.

13.	RELATED PARTY DISCLOSURES

Other debtors include amounts of £8,905 (2024: £40,159) due from companies of which the director of the company is also a director.

Other creditors include amounts of £906,711 (2024: £798,045) due to the director, close family members of the director, and companies in which the director is also a director.