Registered Number:07447611 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
Kripa Investments Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Kripa Investments Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
1,110
1,388
2
3
2,256,415
2,256,415
2,257,525
2,257,803
Trade and other receivables |
661,407
729,559
4
8,720
Cash and cash equivalents |
661
730,220
670,127
Trade and other payables: amounts falling due within one |
year |
(43,027)
(58,934)
5
627,100
671,286
Net current assets
Total assets less current liabilities |
2,928,811
2,884,903
Trade and other payables: amounts falling due after more |
than one year |
(2,111,721)
(2,089,914)
6
(152,276)
(115,730)
Provisions for liabilities |
686,621
Net assets
657,452
100
100
686,521
657,352
686,621
657,452
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 20 October 2023 and were signed by: |
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For the year ended 31 March 2023
Kripa Investments Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2023
Kripa Investments Ltd
Notes to the Financial Statements
Statutory Information
Kripa Investments Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 07447611. |
Bridgewater House, Top Floor
866 - 868 Uxbridge Road
Hayes, Middlesex
UB4 0RR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable as rent from commercial and residential properties. |
Property, plant and equipment |
The company''s freehold properties were professionally valued in 0. This valuation has been reduced by subsequent |
depreciation. Under the transitional provisions of the Financial Reporting Standard for Smaller Entities (effective |
January 2015) the properties continue to be stated at that valuation less accumulated depreciation to date and that |
valuation has not been updated. |
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Deferred tax
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. |
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For the year ended 31 March 2023
Kripa Investments Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
7,030
7,030
Provision for depreciation and impairment |
5,642
Charge for year
278
5,920
1,110
1,388
2,256,415
2,256,415
2,256,415
2,256,415
4. Trade and other receivables |
2022
2023
Amounts owed by group undertakings and participating interests |
708,340
654,023
21,219
7,384
661,407
729,559
The debtors above include the following amounts falling due after more than one year: |
Amounts owed by group undertakings and participating interests |
708,340
654,023
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For the year ended 31 March 2023
Kripa Investments Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2022
2023
2,190
-
Taxation and social security |
37,064
27,815
19,680
15,212
58,934
43,027
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
24,425
31,493
Bank loans and overdraft (secured) |
1,706,804
1,698,578
358,685
381,650
2,089,914
2,111,721
7. Average number of persons employed |
During the year the average number of employees was 0
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