KH Invest Limited 11577887 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of property development. Digita Accounts Production Advanced 6.30.9574.0 true 11577887 2022-04-01 2023-03-31 11577887 2023-03-31 11577887 bus:Original 2023-03-31 11577887 core:RetainedEarningsAccumulatedLosses 2023-03-31 11577887 core:ShareCapital 2023-03-31 11577887 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 11577887 bus:SmallEntities 2022-04-01 2023-03-31 11577887 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 11577887 bus:FullAccounts 2022-04-01 2023-03-31 11577887 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 11577887 bus:RegisteredOffice 2022-04-01 2023-03-31 11577887 bus:Director1 2022-04-01 2023-03-31 11577887 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11577887 countries:AllCountries 2022-04-01 2023-03-31 11577887 2021-04-01 2022-03-31 11577887 2022-03-31 11577887 core:RetainedEarningsAccumulatedLosses 2022-03-31 11577887 core:ShareCapital 2022-03-31 11577887 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 11577887

KH Invest Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 March 2023

 

KH Invest Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3

 

KH Invest Limited

Company Information

Director

K Bamunu Mudiyanselage

Registered office

Suite 1B1 Argyle House
Northside
Joel Street
Northwood Hills
HA6 1NW

Accountants

Ross + Partners
Chartered Certified Accountants
Suite 1B1 Argyle House
Northside
Joel Street
Northwood Hills
HA6 1NW

 

KH Invest Limited

(Registration number: 11577887)
Abridged Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Stocks

56,014

56,014

Cash at bank and in hand

 

2

2

 

56,016

56,016

Creditors: Amounts falling due within one year

(60,037)

(59,065)

Net liabilities

 

(4,021)

(3,049)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(4,121)

(3,149)

Shareholders' deficit

 

(4,021)

(3,049)

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 31 January 2024
 

.........................................
K Bamunu Mudiyanselage
Director

 

KH Invest Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Stocks

stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

3

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100