Company Registration No. 10093920 (England and Wales)
KRISHA HOMES LIMITED
Unaudited accounts
for the year ended 31 March 2023
KRISHA HOMES LIMITED
Unaudited accounts
Contents
KRISHA HOMES LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr Kundan Bhaduri
Mrs Anusha Sodavaram
Company Number
10093920 (England and Wales)
Registered Office
66 STURRY HILL
STURRY
CANTERBURY
CT2 0NH
ENGLAND
Accountants
Virtual Focus Accountants
4 Blenheim Close
London
N21 2HQ
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
KRISHA HOMES LIMITED
for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KRISHA HOMES LIMITED for the year ended 31 March 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Virtual Focus Accountants
Member in Practice
4 Blenheim Close
London
N21 2HQ
20 December 2023
KRISHA HOMES LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
491,362
250,763
Cash at bank and in hand
52,723
48,393
Creditors: amounts falling due within one year
(322,980)
(77,741)
Net current liabilities
(270,257)
(29,348)
Total assets less current liabilities
221,105
221,415
Creditors: amounts falling due after more than one year
-
(222,406)
Net assets/(liabilities)
221,105
(991)
Called up share capital
100
100
Capital redemption reserve
(1,716)
(1,716)
Profit and loss account
222,721
625
Shareholders' funds
221,105
(991)
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 directors acknowledge their 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 of Directors and authorised for issue on 23 December 2023 and were signed on its behalf by
Mr Kundan Bhaduri
Director
Company Registration No. 10093920
KRISHA HOMES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
KRISHA HOMES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10093920. The registered office is 66 STURRY HILL, STURRY, CANTERBURY, CT2 0NH, 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.
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are in form of properties which are included at market value. This value will closely track the Office for National Statistics (ONS) House Price Index figures that are based on the actual HM Land Registry sales data. For this reason, depreciation is not applied.
The properties will instead be revalued annually in January and any changes in value will be reflected in the accounts.
4
Tangible fixed assets
Total
KRISHA HOMES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Average number of employees
During the year the average number of employees was 2 (2022: 2).