HOUSE OF KATRAN LTD

Company Registration Number:
13963785 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 08 March 2022

End date: 31 March 2023

HOUSE OF KATRAN LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

HOUSE OF KATRAN LTD

Company Information

for the Period Ended 31 March 2023




Director: Sonal Gupta
Registered office: 701 Birch House
1 Pegler Square
Kidbrooke
London
Greenwich
GBR
SE3 9GL
Company Registration Number: 13963785 (England and Wales)

HOUSE OF KATRAN LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Upcycling textile waste into apparel, accessories and fabric jewellery.

Additional information

- House of Katran is zero-waste start-up - We make one size fits all products to promote size inclusivity & 'wear & share' economy

Directors

The directors shown below have held office during the whole of the period from 08 March 2022 to 31 March 2023
Sonal Gupta

This report was approved by the board of directors on 10 December 2023
And Signed On Behalf Of The Board By:

Name: Sonal Gupta
Status: Director

HOUSE OF KATRAN LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes
13 months to
31 Mar 2023
£
Turnover 2,482
Cost of sales ( 3,195 )
Gross Profit or (Loss) ( 713 )
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 82 )
Administrative Expenses ( 539 )
Other operating income 0
Operating Profit or (Loss) ( 1,334 )
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax ( 1,334 )
Profit or (Loss) for Period ( 1,334 )

The notes form part of these financial statements

HOUSE OF KATRAN LTD

Balance sheet

As at 31 March 2023


Notes
13 months to
31 Mar 2023
£
Fixed assets
Intangible assets: 4 100
Tangible assets: 5 250
Total fixed assets: 350
Current assets
Stocks: 913
Cash at bank and in hand: 416
Total current assets: 1,329
Creditors: amounts falling due within one year: 6 ( 169 )
Net current assets (liabilities): 1,160
Total assets less current liabilities: 1,510
Creditors: amounts falling due after more than one year: 7 ( 100 )
Provision for liabilities: ( 351 )
Accruals and deferred income: ( 316 )
Total net assets (liabilities): 743

The notes form part of these financial statements

HOUSE OF KATRAN LTD

Balance sheet continued

As at 31 March 2023


Notes
13 months to
31 Mar 2023
£
Capital and reserves
Called up share capital: 10
Revaluation reserve: 8 922
Profit and loss account: ( 189 )
Shareholders funds: 743

For the year ending 31 March 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.

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.

This report was approved by the board of directors on 10 December 2023
And Signed On Behalf Of The Board By:

Name: Sonal Gupta
Status: Director

The notes form part of these financial statements

HOUSE OF KATRAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HOUSE OF KATRAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    13 months to
    31 Mar 2023
    Average number of employees during the period 1

HOUSE OF KATRAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

HOUSE OF KATRAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Intangible assets

Goodwill Total
Cost £ £
Additions 100 100
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 March 2023 100 100
Amortisation
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 31 March 2023 0 0
Net book value
Net book value at 31 March 2023 100 100

HOUSE OF KATRAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible assets

Office equipment Total
Cost £ £
Additions 250 250
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 March 2023 250 250
Depreciation
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 31 March 2023 0 0
Net book value
At 31 March 2023 250 250

HOUSE OF KATRAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note

13 months to
31 Mar 2023
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 169
Taxation and social security 0
Accruals and deferred income 0
Other creditors 0
Total 169

HOUSE OF KATRAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due after more than one year

13 months to
31 Mar 2023
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 100
Total 100

HOUSE OF KATRAN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

8. Revaluation reserve

13 months to
31 Mar 2023
£
Surplus or deficit after revaluation 922
Balance at 31 March 2023 922