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Company Registration No. 10678861 (England and Wales)
Kharbanda Enterprise Ltd Unaudited accounts for the year ended 31 March 2023
Kharbanda Enterprise Ltd Unaudited accounts Contents
Page
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Kharbanda Enterprise Ltd Company Information for the year ended 31 March 2023
Director
Harmit Singh
Company Number
10678861 (England and Wales)
Registered Office
11 Blackburn Way Hounslow TW4 5AH England
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Kharbanda Enterprise Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
287,000 
50,000 
Tangible assets
25,534 
4,521 
312,534 
54,521 
Current assets
Inventories
158,000 
87,000 
Cash at bank and in hand
5,348 
13,837 
163,348 
100,837 
Creditors: amounts falling due within one year
(416,217)
(92,995)
Net current (liabilities)/assets
(252,869)
7,842 
Total assets less current liabilities
59,665 
62,363 
Creditors: amounts falling due after more than one year
(31,370)
(42,014)
Net assets
28,295 
20,349 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
28,294 
20,348 
Shareholders' funds
28,295 
20,349 
For the year ending 31 March 2023 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 8 November 2023 and were signed on its behalf by
Harmit Singh Director Company Registration No. 10678861
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Kharbanda Enterprise Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Kharbanda Enterprise Ltd is a private company, limited by shares, registered in England and Wales, registration number 10678861. The registered office is 11 Blackburn Way , Hounslow, TW4 5AH, 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.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2022
50,000 
Additions
237,000 
At 31 March 2023
287,000 
Amortisation
At 1 April 2022
- 
At 31 March 2023
- 
Net book value
At 31 March 2023
287,000 
At 31 March 2022
50,000 
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Kharbanda Enterprise Ltd Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
10,000 
Additions
21,013 
At 31 March 2023
31,013 
Depreciation
At 1 April 2022
5,479 
At 31 March 2023
5,479 
Net book value
At 31 March 2023
25,534 
At 31 March 2022
4,521 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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