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REGISTERED NUMBER: 11071376 (England and Wales)


Financial Statements for the Year Ended 30 November 2023

for

Kgsh Ltd

Kgsh Ltd (Registered number: 11071376)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Kgsh Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mrs Gurdeep Kaur Gora
Mr Karmjit Singh





REGISTERED OFFICE: Algoa House
Western Road
Hagley
DY9 0HZ





REGISTERED NUMBER: 11071376 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Kgsh Ltd (Registered number: 11071376)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 459,723 466,739

CURRENT ASSETS
Debtors 5 15,435 18,789
Cash at bank and in hand 24,691 12,521
40,126 31,310
CREDITORS
Amounts falling due within one year 6 4,475 5,675
NET CURRENT ASSETS 35,651 25,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

495,374

492,374

CREDITORS
Amounts falling due after more than one
year

7

465,071

471,758
NET ASSETS 30,303 20,616

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 30,203 20,516
SHAREHOLDERS' FUNDS 30,303 20,616

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

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

The directors acknowledge their 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.

Kgsh Ltd (Registered number: 11071376)

Statement of Financial Position - continued
30 November 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 Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by:





Mr Karmjit Singh - Director


Kgsh Ltd (Registered number: 11071376)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Kgsh Ltd 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.

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 419,964 55,030 474,994
DEPRECIATION
At 1 December 2022 - 8,255 8,255
Charge for year - 7,016 7,016
At 30 November 2023 - 15,271 15,271
NET BOOK VALUE
At 30 November 2023 419,964 39,759 459,723
At 30 November 2022 419,964 46,775 466,739

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 15,435 18,789

Kgsh Ltd (Registered number: 11071376)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other creditors 4,475 5,675

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 110,023 115,805
Hire purchase contracts 31,713 40,563
Other creditors 323,335 315,390
465,071 471,758

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinery 1 100 100