2022-04-01 07447611 2023-03-31 07447611 2022-04-01 2023-03-31 07447611 2022-03-31 07447611 2021-04-01 2022-03-31 07447611 uk-core:WithinOneYear 2022-03-31 07447611 uk-core:WithinOneYear 2023-03-31 07447611 uk-core:AfterOneYear 2022-03-31 07447611 uk-core:AfterOneYear 2023-03-31 07447611 uk-core:ShareCapital 2023-03-31 07447611 uk-core:ShareCapital 2022-03-31 07447611 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 07447611 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 07447611 uk-bus:Director1 2022-04-01 2023-03-31 07447611 uk-core:WithinOneYear 2023-03-31 07447611 uk-core:WithinOneYear 2022-03-31 07447611 uk-core:AfterOneYear uk-core:Secured 2023-03-31 07447611 uk-core:AfterOneYear uk-core:Secured 2022-03-31 iso4217:GBP xbrli:pure 07447611 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 07447611 uk-bus:FRS102 2022-04-01 2023-03-31 07447611 uk-bus:FullAccounts 2022-04-01 2023-03-31 07447611 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Kripa Investments Ltd
Registered Number:07447611
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
07447611
As at 31 March 2023
Kripa Investments Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,110
1,388
2
3
2,256,415
2,256,415
Investment property
2,257,525
2,257,803
Current assets
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
Capital and reserves
Called up share capital
100
100
Retained earnings
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.
Mrs I K Makkar Director
These financial statements were approved and authorised for issue by the Board on 20 October 2023 and were signed by:
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4
Registered Number :
07447611
For the year ended 31 March 2023
Kripa Investments Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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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.
Registered address:
Bridgewater House, Top Floor
866 - 868 Uxbridge Road
Hayes, Middlesex
UB4 0RR
The presentation currency is £ sterling.
1. Accounting policies
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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6
For the year ended 31 March 2023
Kripa Investments Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 April 2022
7,030
At 31 March 2023
7,030
Provision for depreciation and impairment
At 01 April 2022
5,642
Charge for year
278
At 31 March 2023
5,920
At 31 March 2023
Net book value
1,110
At 31 March 2022
1,388
3. Investment property
Total
£
Fair value
At 01 April 2022
2,256,415
At 31 March 2023
2,256,415
Net book value
At 31 March 2023
2,256,415
At 31 March 2022
2,256,415
4. Trade and other receivables
2022
2023
£
£
Amounts owed by group undertakings and participating interests
708,340
654,023
Other debtors
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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7
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
£
£
Bank loans and overdraft
2,190
-
Taxation and social security
37,064
27,815
Other creditors
19,680
15,212
58,934
43,027
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
24,425
31,493
Bank loans and overdraft (secured)
1,706,804
1,698,578
Other creditors
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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