Company Registration No. 12270426 (England and Wales)
KSG BRITAIN LTD
Unaudited accounts
for the year ended 31 August 2023
KSG BRITAIN LTD
Unaudited accounts
Contents
KSG BRITAIN LTD
Company Information
for the year ended 31 August 2023
Company Number
12270426 (England and Wales)
Registered Office
Khosla House Suite B
Ground Floor,Park Lane
Cranford, Hounslow
TW5 9WA
KSG BRITAIN LTD
Statement of financial position
as at 31 August 2023
Tangible assets
1,580
2,370
Cash at bank and in hand
20,654
11,627
Creditors: amounts falling due within one year
(211,414)
(195,995)
Net current liabilities
(190,760)
(184,368)
Net liabilities
(189,180)
(181,998)
Called up share capital
220,000
220,000
Profit and loss account
(409,180)
(401,998)
Shareholders' funds
(189,180)
(181,998)
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 11 March 2024 and were signed on its behalf by
Afzal Raza KHAN
Director
Company Registration No. 12270426
KSG BRITAIN LTD
Notes to the Accounts
for the year ended 31 August 2023
KSG BRITAIN LTD is a private company, limited by shares, registered in England and Wales, registration number 12270426. The registered office is Khosla House Suite B, Ground Floor,Park Lane, Cranford, Hounslow, TW5 9WA.
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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.
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.
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 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:
Fixtures & fittings
20 Straight Line
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Tangible fixed assets
Total
Allotted, called up and fully paid:
220,000 Ordinary shares Issued to Dr Afzal Raza KHAN of £1 each
220,000
220,000
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Average number of employees
During the year the average number of employees was 11 (2022: 18).