Shuhari Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 05138721 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Shuhari Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

O Tiltay

REGISTERED OFFICE:

First Floor

21 Victoria Road

Surbiton

Surrey

KT6 4JZ

REGISTERED NUMBER:

05138721 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

1

2,450

CURRENT ASSETS

Inventories

3,000

3,000

Cash at bank

1,821

4,765

4,821

7,765

CREDITORS

Amounts falling due within one year

5

(2,649

)

(10,166

)

NET CURRENT ASSETS/(LIABILITIES)

2,172

(2,401

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,173

49

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,172

48

SHAREHOLDERS' FUNDS

2,173

49

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 4 May 2018 and were signed by:

O Tiltay - Director

1.	STATUTORY INFORMATION

Shuhari 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Inventories 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

17,068

DEPRECIATION

At 1 April 2017

14,618

Charge for year

2,449

At 31 March 2018

17,067

NET BOOK VALUE

At 31 March 2018

1

At 31 March 2017

2,450

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

1

-

Taxation and social security

2,568

1,478

Other creditors

80

8,688

2,649

10,166

6.	ULTIMATE CONTROLLING PARTY

The controlling party is O Tiltay.