1 November 2021 false Taxfiler 2023.10 12258672business:PrivateLimitedCompanyLtd2021-11-012022-10-31 122586722021-10-31 122586722021-11-012022-10-31 12258672business:AuditExempt-NoAccountantsReport2021-11-012022-10-31 12258672business:FilletedAccounts2021-11-012022-10-31 122586722022-10-31 12258672business:Director12021-11-012022-10-31 12258672business:RegisteredOffice2021-11-012022-10-31 122586722021-10-31 12258672core:WithinOneYear2022-10-31 12258672core:WithinOneYear2021-10-31 12258672core:AfterOneYear2022-10-31 12258672core:AfterOneYear2021-10-31 12258672core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12258672core:ShareCapitalcore:PreviouslyStatedAmount2021-10-31 12258672core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12258672core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-10-31 12258672core:PreviouslyStatedAmount2022-10-31 12258672core:PreviouslyStatedAmount2021-10-31 12258672business:SmallEntities2021-11-012022-10-31 12258672countries:EnglandWales2021-11-012022-10-31 12258672business:OrdinaryShareClass12021-11-012022-10-31 12258672business:OrdinaryShareClass12020-11-012021-10-31 122586722020-11-012021-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12258672 (England and Wales)
KHAMBA PROPERTIES 3 LIMITED Unaudited accounts for the year ended 31 October 2022
KHAMBA PROPERTIES 3 LIMITED Unaudited accounts Contents
Page
- 2 -
KHAMBA PROPERTIES 3 LIMITED Company Information for the year ended 31 October 2022
Director
Warjinder Singh KHAMBA
Company Number
12258672 (England and Wales)
Registered Office
31 LLANBERIS GROVE NOTTINGHAM NG8 5DP ENGLAND
- 3 -
KHAMBA PROPERTIES 3 LIMITED Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Investment property
250,000 
250,000 
Current assets
Debtors
222,380 
222,480 
Cash at bank and in hand
408 
2,054 
222,788 
224,534 
Creditors: amounts falling due within one year
(9,683)
(1,422)
Net current assets
213,105 
223,112 
Total assets less current liabilities
463,105 
473,112 
Creditors: amounts falling due after more than one year
(208,150)
(219,812)
Net assets
254,955 
253,300 
Capital and reserves
Called up share capital
250,100 
250,100 
Profit and loss account
4,855 
3,200 
Shareholders' funds
254,955 
253,300 
For the year ending 31 October 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 30 October 2023 and were signed on its behalf by
Warjinder Singh KHAMBA Director Company Registration No. 12258672
- 4 -
KHAMBA PROPERTIES 3 LIMITED Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
KHAMBA PROPERTIES 3 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12258672. The registered office is 31 LLANBERIS GROVE, NOTTINGHAM, NG8 5DP, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2022 
£ 
Fair value at 1 November 2021
250,000 
At 31 October 2022
250,000 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due after more than one year
Other debtors
222,380 
222,480 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
7,597 
- 
Trade creditors
425 
150 
Taxes and social security
1,386 
997 
Accruals
275 
275 
9,683 
1,422 
- 5 -
KHAMBA PROPERTIES 3 LIMITED Notes to the Accounts for the year ended 31 October 2022
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
40,539 
50,000 
Other creditors
167,611 
169,812 
208,150 
219,812 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
250,100 Ordinary shares of £1 each
250,100 
250,100 
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 6 -