2022-04-01 2023-03-31 12496391 KPK Management Limited false 12496391 2022-04-01 2023-03-31 12496391 uk-bus:Director1 2022-04-01 2023-03-31 12496391 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12496391 uk-bus:SmallEntities 2022-04-01 2023-03-31 12496391 uk-bus:FullAccounts 2022-04-01 2023-03-31 12496391 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12496391 2022-04-01 12496391 2023-03-31 12496391 2022-03-31 xbrli:pure iso4217:GBP 12496391 2021-04-01 2022-03-31
Company Registration Number : 12496391 (England and Wales)
12496391
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-03-31
false
KPK Management Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-04-01
KPK Management Limited
Unaudited filleted financial statements
For the year ended 31 March 2023
KPK Management Limited
Contents
For the year ended 31 March 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


KPK Management Limited
Company Information
For the year ended 31 March 2023

Company registration number 12496391 (England and Wales)
Director Kabir Parkash KHARBANDA
Registered office address 21 Kingsend
Ruislip
England
HA4 7DD
Accountant DNS Associates
Chartered Institute of Management Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
KPK Management Limited
Statement of Financial Position
For the year ended 31 March 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 3,997 2,012
Investment Property 695,751 695,751
6 699,749 697,763
Current assets
Debtors 1,017 -
Cash and cash equivalents 51,239 26,906
52,256 26,906
Current liabilities
Creditors: Amounts falling due within one year (115,412) (126,506)
Corporation tax payable (11,068) (12,656)
(126,480) (139,162)
Net current (liabilities)/assets (74,224) (112,256)
Total assets less current liabilities 625,525 585,507
Non-current liabilities
Creditors: Amounts falling due after more than one year (495,975) (497,250)
Net assets/(liabilities) 129,550 88,257
Capital and reserves
Called up share capital 100 100
Retained earnings 129,450 88,157
Shareholder's funds 129,550 88,257
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • 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 in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 09 August 2023
.............................
Kabir Parkash KHARBANDA (Director)
Company registration number: 12496391
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-03-31 31 March 2023
2023 2022
£ £
Fixed Assets 699,749 697,763
Current Assets 52,256 26,906
Creditors: amounts falling due within one year (126,480) (139,162)
Net current assets (liabilities) (74,224) (112,256)
Total assets less current liabilities 625,525 585,507
CREDITORS: Amounts falling due more than one year (495,975) (497,250)
Net Assets (liabilities) 129,550 88,257
Capital and Reserves 129,550 88,257
For the year ending 3/31/2023 the company was entitled to exemption 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. For the year ending 31-03-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 09 August 2023 2023-08-09 and signed on behalf of the board,
.............................
Kabir Parkash KHARBANDA
Director
Company registration number: 12496391
KPK Management Limited
Notes to the Financial Statements
For the year ended 31 March 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 21 Kingsend, Ruislip, England, HA4 7DD.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings20% reducing balance
Equipment33% reducing balance
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Employees
During the year, the average number of employees including director was 1 (2022 : 1).

(5) Related party transactions
Kharbanda Limited is a related party by virtue of having the same directors and shareholders. The balance outstanding from this related party as on 31 March 2023 was £101,535 (2022: £95,035).

(6) Fixed assets
Tangible

£
Investments
Property
£
Totals

£
Cost
As at 01 April 20223,906695,751699,657
Additions3,744-3,744
As at 31 March 20237,650695,751703,401
Depreciation/Amortisation
As at 01 April 20221,894-1,894
For the year1,759-1,759
As at 31 March 20233,653-3,653
Net book value
As at 31 March 20233,997695,751699,748
As at 31 March 20222,012695,751697,763

(7) Investment Properties
These financial statements for the year ended 31 March 2023 are the financial statements of the company prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
The property is being measured at fair value under FRS 102 and no fair value gains and losses are reported in profit or loss.

(8) Creditors > 1 year (Bank loans)
The mortgage loan was secured on the investment properties.