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REGISTERED NUMBER: 08100192 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

AMAR GHATTAURA LIMITED

AMAR GHATTAURA LIMITED (REGISTERED NUMBER: 08100192)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMAR GHATTAURA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: A S Ghattaura





REGISTERED OFFICE: Court House
Court Road
Bridgend
CF31 1BE





REGISTERED NUMBER: 08100192 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

AMAR GHATTAURA LIMITED (REGISTERED NUMBER: 08100192)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,500 5,000
Tangible assets 5 396,283 321,954
Investments 6 15,000 15,000
415,783 341,954

CURRENT ASSETS
Debtors 7 1,056,413 897,717
Cash at bank 519,609 379,265
1,576,022 1,276,982
CREDITORS
Amounts falling due within one year 8 206,675 203,384
NET CURRENT ASSETS 1,369,347 1,073,598
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,785,130

1,415,552

CREDITORS
Amounts falling due after more than one
year

9

(24,799

)

(34,167

)

PROVISIONS FOR LIABILITIES (75,294 ) (61,171 )
NET ASSETS 1,685,037 1,320,214

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,684,937 1,320,114
SHAREHOLDERS' FUNDS 1,685,037 1,320,214

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AMAR GHATTAURA LIMITED (REGISTERED NUMBER: 08100192)

BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2024 and were signed by:





A S Ghattaura - Director


AMAR GHATTAURA LIMITED (REGISTERED NUMBER: 08100192)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Amar Ghattaura Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


In previous years the accounts were prepared under FRS 105 (for micro-entities) but this year they have been prepared under FRS 102s1A (for small entities) and the comparatives have been adjusted as a result. Due to the transition to a different accounting standard, Deferred Tax has been provided for and the comparatives restated accordingly

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


AMAR GHATTAURA LIMITED (REGISTERED NUMBER: 08100192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 10,000
AMORTISATION
At 1 July 2022 5,000
Charge for year 500
At 30 June 2023 5,500
NET BOOK VALUE
At 30 June 2023 4,500
At 30 June 2022 5,000

AMAR GHATTAURA LIMITED (REGISTERED NUMBER: 08100192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 352,941
Additions 132,160
At 30 June 2023 485,101
DEPRECIATION
At 1 July 2022 30,987
Charge for year 57,831
At 30 June 2023 88,818
NET BOOK VALUE
At 30 June 2023 396,283
At 30 June 2022 321,954

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2022
and 30 June 2023 15,000
NET BOOK VALUE
At 30 June 2023 15,000
At 30 June 2022 15,000

7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 70,155 55,392
Amounts owed by group undertakings 102,985 -
Other debtors 294,483 236,558
467,623 291,950

Amounts falling due after more than one year:
Amounts owed by group undertakings 588,790 -
Other debtors - 605,767
588,790 605,767

Aggregate amounts 1,056,413 897,717

AMAR GHATTAURA LIMITED (REGISTERED NUMBER: 08100192)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 93,848 145,735
Taxation and social security 98,868 40,841
Other creditors 3,959 6,808
206,675 203,384

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 24,799 34,167

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

2023 2022
£    £   
A S Ghattaura
Balance outstanding at start of year 100,800 27,613
Amounts advanced 255,719 177,378
Amounts repaid (88,744 ) (104,191 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 267,775 100,800

11. RELATED PARTY DISCLOSURES

During the period the company gave an interest free loan to it's parent company, the balance outstanding and included in Debtors being £53,168 (2022 £49,124)

During the period the company gave an interest free loan to Swansea Laser Clinic Limited a group company, the balance outstanding and included in Debtors being £49,817 (2022 £59,676)

During the period the company gave an interest free loan to KRSG Property Limited a group company, the balance outstanding and included in Debtors due after more than 1 year being £588,790 (2022 £605,767)

12. ULTIMATE CONTROLLING PARTY

The controlling party is Amar Ghattaura Holdings Limited.

The ultimate controlling party is Mr A Ghattaura and Mrs C Ghattaura.