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Company Registration No. 11651327 (England and Wales)
KHAMBA PROPERTIES 2 LIMITED Unaudited accounts for the year ended 31 October 2022
KHAMBA PROPERTIES 2 LIMITED Unaudited accounts Contents
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KHAMBA PROPERTIES 2 LIMITED Company Information for the year ended 31 October 2022
Director
Warjinder Singh KHAMBA
Company Number
11651327 (England and Wales)
Registered Office
31 LLANBERIS GROVE NOTTINGHAM NG8 5DP ENGLAND
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KHAMBA PROPERTIES 2 LIMITED Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Investment property
150,000 
150,000 
Current assets
Debtors
97,950 
97,550 
Cash at bank and in hand
16 
512 
97,966 
98,062 
Creditors: amounts falling due within one year
(2,209)
(1,934)
Net current assets
95,757 
96,128 
Total assets less current liabilities
245,757 
246,128 
Creditors: amounts falling due after more than one year
(113,046)
(97,500)
Net assets
132,711 
148,628 
Capital and reserves
Called up share capital
150,002 
150,002 
Profit and loss account
(17,291)
(1,374)
Shareholders' funds
132,711 
148,628 
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. 11651327
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KHAMBA PROPERTIES 2 LIMITED Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
KHAMBA PROPERTIES 2 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11651327. 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
150,000 
At 31 October 2022
150,000 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due after more than one year
Other debtors
97,950 
97,550 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
875 
600 
Other creditors
1,025 
1,025 
Loans from directors
34 
34 
Accruals
275 
275 
2,209 
1,934 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Other creditors
113,046 
97,500 
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KHAMBA PROPERTIES 2 LIMITED Notes to the Accounts for the year ended 31 October 2022
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
150,002 Ordinary shares of £1 each
150,002 
150,002 
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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