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REGISTERED NUMBER: 08401970 (England and Wales)


Financial Statements for the Year Ended 31 March 2022

for

Khaihra Limited

Khaihra Limited (Registered number: 08401970)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Khaihra Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: Mr Sukhwinder Singh
Mrs Amarjit Kaur





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 08401970 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Khaihra Limited (Registered number: 08401970)

Statement of Financial Position
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 127,376 75,000
Property, plant and equipment 5 51,023 30,721
178,399 105,721

CURRENT ASSETS
Inventories 40,338 35,082
Debtors 6 1,223 27,246
Cash at bank and in hand 3,350 7,017
44,911 69,345
CREDITORS
Amounts falling due within one year 7 166,137 105,550
NET CURRENT LIABILITIES (121,226 ) (36,205 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,173

69,516

CREDITORS
Amounts falling due after more than one
year

8

42,030

50,000
NET ASSETS 15,143 19,516

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 14,943 19,316
SHAREHOLDERS' FUNDS 15,143 19,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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)

Statement of Financial Position - continued
31 March 2022


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 22 July 2022 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 2022

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 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
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.
Plant and machinery etc - 25% on reducing balance

Stocks

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2021 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021 75,000
Additions 52,376
At 31 March 2022 127,376
NET BOOK VALUE
At 31 March 2022 127,376
At 31 March 2021 75,000

Khaihra Limited (Registered number: 08401970)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2021 59,251
Additions 37,311
At 31 March 2022 96,562
DEPRECIATION
At 1 April 2021 28,530
Charge for year 17,009
At 31 March 2022 45,539
NET BOOK VALUE
At 31 March 2022 51,023
At 31 March 2021 30,721

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 1,223 2,024
Other debtors - 25,222
1,223 27,246

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 19,071 840
Trade creditors 17,328 28,988
Taxation and social security 8,441 9,120
Other creditors 121,297 66,602
166,137 105,550

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 42,030 50,000

Khaihra Limited (Registered number: 08401970)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
200 Ordinary £1 200 200

10. RELATED PARTY DISCLOSURES

During the year, the Company has paid rent of £24,000 (2021: £25,500) in respect of use of business property owned by the directors.