IRIS Accounts Production v18.3.0.592 08401970 Board of Directors 1.4.17 31.3.18 31.3.18 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure084019702017-03-31084019702018-03-31084019702017-04-012018-03-31084019702016-03-31084019702016-04-012017-03-31084019702017-03-3108401970ns15:EnglandWales2017-04-012018-03-3108401970ns14:PoundSterling2017-04-012018-03-3108401970ns10:Director12017-04-012018-03-3108401970ns10:PrivateLimitedCompanyLtd2017-04-012018-03-3108401970ns10:SmallEntities2017-04-012018-03-3108401970ns10:AuditExemptWithAccountantsReport2017-04-012018-03-3108401970ns10:SmallCompaniesRegimeForDirectorsReport2017-04-012018-03-3108401970ns10:SmallCompaniesRegimeForAccounts2017-04-012018-03-3108401970ns10:FullAccounts2017-04-012018-03-310840197012017-04-012018-03-3108401970ns10:OrdinaryShareClass12017-04-012018-03-3108401970ns10:Director22017-04-012018-03-3108401970ns10:RegisteredOffice2017-04-012018-03-3108401970ns5:CurrentFinancialInstruments2018-03-3108401970ns5:CurrentFinancialInstruments2017-03-3108401970ns5:ShareCapital2018-03-3108401970ns5:ShareCapital2017-03-3108401970ns5:RetainedEarningsAccumulatedLosses2018-03-3108401970ns5:RetainedEarningsAccumulatedLosses2017-03-3108401970ns5:IntangibleAssetsOtherThanGoodwill2017-04-012018-03-3108401970ns5:FurnitureFittings2017-04-012018-03-3108401970ns5:MotorVehicles2017-04-012018-03-3108401970ns5:NetGoodwill2017-03-3108401970ns5:NetGoodwill2018-03-3108401970ns5:NetGoodwill2017-03-3108401970ns5:LeaseholdImprovements2017-03-3108401970ns5:FurnitureFittings2017-03-3108401970ns5:MotorVehicles2017-03-3108401970ns5:LeaseholdImprovements2017-04-012018-03-3108401970ns5:LeaseholdImprovements2018-03-3108401970ns5:FurnitureFittings2018-03-3108401970ns5:MotorVehicles2018-03-3108401970ns5:LeaseholdImprovements2017-03-3108401970ns5:FurnitureFittings2017-03-3108401970ns5:MotorVehicles2017-03-3108401970ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3108401970ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3108401970ns10:OrdinaryShareClass12018-03-3108401970ns5:RetainedEarningsAccumulatedLosses2017-03-3108401970ns5:RetainedEarningsAccumulatedLosses2017-04-012018-03-31


REGISTERED NUMBER: 08401970 (England and Wales)


Financial Statements for the Year Ended 31 March 2018

for

Khaihra Limited

Khaihra Limited (Registered number: 08401970)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Khaihra Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: Mr Sukhwinder Singh
Mrs Amarjit Kaur





REGISTERED OFFICE: Desai & Co Accoutant
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 08401970 (England and Wales)





ACCOUNTANTS: Desai & Co Accountants
Desai House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD

Khaihra Limited (Registered number: 08401970)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 95,730 95,730
Property, plant and equipment 5 26,920 32,949
122,650 128,679

CURRENT ASSETS
Inventories 6 52,401 52,770
Debtors 7 1,358 4,499
Cash in hand 5,146 4,365
58,905 61,634
CREDITORS
Amounts falling due within one year 8 176,695 182,562
NET CURRENT LIABILITIES (117,790 ) (120,928 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,860

7,751

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 10 4,660 7,551
SHAREHOLDERS' FUNDS 4,860 7,751

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 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.

Khaihra Limited (Registered number: 08401970)

Balance Sheet - continued
31 March 2018


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 Board of Directors on 25 October 2018 and were signed on
its behalf by:





Mr Sukhwinder Singh - Director


Khaihra Limited (Registered number: 08401970)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Khaihra 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.

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 each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 95,730
NET BOOK VALUE
At 31 March 2018 95,730
At 31 March 2017 95,730

Khaihra Limited (Registered number: 08401970)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2017 11,500 41,828 5,756 59,084
Additions - 3,711 - 3,711
At 31 March 2018 11,500 45,539 5,756 62,795
DEPRECIATION
At 1 April 2017 4,600 18,207 3,328 26,135
Charge for year 2,300 6,833 607 9,740
At 31 March 2018 6,900 25,040 3,935 35,875
NET BOOK VALUE
At 31 March 2018 4,600 20,499 1,821 26,920
At 31 March 2017 6,900 23,621 2,428 32,949

6. INVENTORIES
31.3.18 31.3.17
£    £   
Stocks 52,401 52,770

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Social Security & Other tax 448 3,629
Prepayments 910 870
1,358 4,499

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Bank loans and overdrafts 33,683 27,734
Trade creditors 10,591 13,493
Corporation tax 2,309 408
Value Added Tax 186 1,523
Directors' current accounts 128,326 136,362
Accrued expenses 1,600 3,042
176,695 182,562

Khaihra Limited (Registered number: 08401970)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
200 Ordinary £1 200 200

10. RESERVES
Retained
earnings
£   

At 1 April 2017 7,551
Profit for the year 7,109
Dividends (10,000 )
At 31 March 2018 4,660

11. RELATED PARTY DISCLOSURES

During the year, the Company has paid rent of £27,000 (2017: £27,000) in respect of use of business
property owned by the directors.

Khaihra Limited

Report of the Accountants to the Directors of
Khaihra Limited

The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain
other primary statements and the Report of the Directors are not required to be filed with the
Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Desai & Co Accountants
Desai House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD


Date: .............................................