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Company Registration No. 14169800 (England and Wales)
Ali & Kanungo Ltd Unaudited accounts for the year ended 31 March 2024
Ali & Kanungo Ltd Unaudited accounts Contents
Page
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Ali & Kanungo Ltd Company Information for the year ended 31 March 2024
Directors
Mujahid ALI Sagar Arpan KANUNGO
Company Number
14169800 (England and Wales)
Registered Office
13 Beverley Crescent Bedford Bedfordshire MK40 4BX England
Accountants
TGH Accounting Ltd 1079 Garratt Lane London UK SW17 0LN
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Ali & Kanungo Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
558,850 
169,950 
Current assets
Debtors
(350)
(350)
Cash at bank and in hand
3,709 
10,296 
3,359 
9,946 
Net current assets
3,359 
9,946 
Total assets less current liabilities
562,209 
179,896 
Creditors: amounts falling due after more than one year
(574,742)
(184,290)
Net liabilities
(12,533)
(4,394)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(12,535)
(4,396)
Shareholders' funds
(12,533)
(4,394)
For the year ending 31 March 2024 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.
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 11 April 2024 and were signed on its behalf by
Mujahid ALI Director Company Registration No. 14169800
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Ali & Kanungo Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Ali & Kanungo Ltd is a private company, limited by shares, registered in England and Wales, registration number 14169800. The registered office is 13 Beverley Crescent, Bedford, Bedfordshire, MK40 4BX, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
169,950 
Additions
388,900 
At 31 March 2024
558,850 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
558,850 
At 31 March 2023
169,950 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(350)
(350)
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Ali & Kanungo Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
422,080 
143,756 
Loans from directors
152,662 
40,534 
574,742 
184,290 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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