Company Registration No. 13136782 (England and Wales)
SANGHA REAL ESTATE LTD
Unaudited accounts
for the period from 15 January 2021 to 31 January 2022
SANGHA REAL ESTATE LTD
Unaudited accounts
Contents
SANGHA REAL ESTATE LTD
Company Information
for the period from 15 January 2021 to 31 January 2022
Director
Dr Satveer Singh Sangha
Company Number
13136782 (England and Wales)
Registered Office
38 VINE LANE
HILLINGDON
UB10 0BA
UNITED KINGDOM
SANGHA REAL ESTATE LTD
Statement of financial position
as at 31 January 2022
Cash at bank and in hand
49,536
Creditors: amounts falling due within one year
(307,233)
Net current liabilities
(245,510)
Called up share capital
100
Profit and loss account
(32,476)
Shareholders' funds
(32,376)
For the period ending 31 January 2022 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 2 September 2022 and were signed on its behalf by
Dr Satveer Singh Sangha
Director
Company Registration No. 13136782
SANGHA REAL ESTATE LTD
Notes to the Accounts
for the period from 15 January 2021 to 31 January 2022
SANGHA REAL ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 13136782. The registered office is 38 VINE LANE, HILLINGDON, UB10 0BA, UNITED KINGDOM.
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 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:
Plant & machinery
Annual investment allowance
Fixtures & fittings
Annual investment allowance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 15 January 2021
-
-
-
-
Additions
213,134
49,077
21,870
284,081
At 31 January 2022
213,134
49,077
21,870
284,081
Charge for the period
-
49,077
21,870
70,947
At 31 January 2022
-
49,077
21,870
70,947
At 31 January 2022
213,134
-
-
213,134
5
Debtors: amounts falling due within one year
2022
SANGHA REAL ESTATE LTD
Notes to the Accounts
for the period from 15 January 2021 to 31 January 2022
6
Creditors: amounts falling due within one year
2022
Loans from directors
304,694
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
8
Average number of employees
During the period the average number of employees was 7.