1 September 2022 false No description of principal activity Taxfiler 2023.14 12270426business:PrivateLimitedCompanyLtd2022-09-012023-08-31 122704262022-08-31 122704262022-09-012023-08-31 12270426business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 12270426business:AbridgedAccounts2022-09-012023-08-31 122704262023-08-31 12270426business:Director12022-09-012023-08-31 12270426business:RegisteredOffice2022-09-012023-08-31 122704262022-08-31 12270426core:WithinOneYear2023-08-31 12270426core:WithinOneYear2022-08-31 12270426core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12270426core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 12270426core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12270426core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 12270426core:PreviouslyStatedAmount2023-08-31 12270426core:PreviouslyStatedAmount2022-08-31 12270426business:SmallEntities2022-09-012023-08-31 12270426countries:EnglandWales2022-09-012023-08-31 12270426core:FurnitureFittings2022-09-012023-08-31 12270426business:OrdinaryShareClass12022-09-012023-08-31 12270426business:OrdinaryShareClass12021-09-012022-08-31 122704262021-09-012022-08-31 iso4217:GBP xbrli:shares xbrli:pure
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
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KSG BRITAIN LTD Company Information for the year ended 31 August 2023
Director
Afzal Raza KHAN
Company Number
12270426 (England and Wales)
Registered Office
Khosla House Suite B Ground Floor,Park Lane Cranford, Hounslow TW5 9WA
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KSG BRITAIN LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,580 
2,370 
Current assets
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)
Capital and reserves
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
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KSG BRITAIN LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
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.
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:
Fixtures & fittings
20 Straight Line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 September 2022
3,950 
At 31 August 2023
3,950 
Depreciation
At 1 September 2022
1,580 
Charge for the year
790 
At 31 August 2023
2,370 
Net book value
At 31 August 2023
1,580 
At 31 August 2022
2,370 
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
220,000 Ordinary shares Issued to Dr Afzal Raza KHAN of £1 each
220,000 
220,000 
6
Average number of employees
During the year the average number of employees was 11 (2022: 18).
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