SAMISHA HOLDINGS LIMITED |
Registered number: |
12764798 |
Balance Sheet |
as at 31 July 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Investments |
3 |
|
|
2,634,348 |
|
|
2,634,348 |
|
Current assets |
Cash at bank and in hand |
|
|
511,433 |
|
|
560,723 |
|
Creditors: amounts falling due within one year |
4 |
|
(857,032) |
|
|
(907,660) |
|
Net current liabilities |
|
|
|
(345,599) |
|
|
(346,937) |
|
Total assets less current liabilities |
|
|
|
2,288,749 |
|
|
2,287,411 |
|
Creditors: amounts falling due after more than one year |
5 |
|
|
(2,355,000) |
|
|
(2,355,000) |
|
|
Net liabilities |
|
|
|
(66,251) |
|
|
(67,589) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(66,351) |
|
|
(67,689) |
|
Shareholders' funds |
|
|
|
(66,251) |
|
|
(67,589) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Ms Reena Rani Kundra |
Director |
Approved by the board on 29 January 2024 |
|
SAMISHA HOLDINGS LIMITED |
Notes to the Accounts |
for the year ended 31 July 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
|
Going Concern |
|
The accounts are prepared on a going concern basis notwithstanding the fact that the company balance sheet has a negative equity. Creditors have assured that it will not recall the funds due to them by the company until such a date that the company will become profitable to repay the loan amount. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Freehold Property |
£ |
|
Cost |
|
At 1 August 2022 |
2,634,348 |
|
At 31 July 2023 |
2,634,348 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 July 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2023 |
2,634,348 |
|
At 31 July 2022 |
2,634,348 |
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
856,520 |
|
907,462 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans |
2,355,000 |
|
2,355,000 |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
SAMISHA HOLDINGS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
25 St Cross Street |
|
London |
|
United Kingdom |
|
EC1N 8UU |