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REGISTERED NUMBER: SC654144 (Scotland)















Unaudited Financial Statements For The Year Ended 29 February 2024

for

HRISHIKA ENTERPRISES LTD

HRISHIKA ENTERPRISES LTD (Registered number: SC654144)






Contents of the Financial Statements
For The Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HRISHIKA ENTERPRISES LTD

Company Information
For The Year Ended 29 February 2024







DIRECTOR: K Somidi





REGISTERED OFFICE: 47 Raeside Way
Newton Mearns
Glasgow,
G77 6YL





REGISTERED NUMBER: SC654144 (Scotland)





ACCOUNTANTS: Ahmad & Nabi Mcmullan
95-107 Lancefield Street
Glasgow
Lanarkshire
G3 8HZ

HRISHIKA ENTERPRISES LTD (Registered number: SC654144)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 340,936 135,957

CURRENT ASSETS
Debtors 5 40 -
Cash at bank 109,402 3,807
109,442 3,807
CREDITORS
Amounts falling due within one year 6 424,379 124,198
NET CURRENT LIABILITIES (314,937 ) (120,391 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,999

15,566

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 25,899 15,466
SHAREHOLDERS' FUNDS 25,999 15,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 19 July 2024 and were signed by:





K Somidi - Director


HRISHIKA ENTERPRISES LTD (Registered number: SC654144)

Notes to the Financial Statements
For The Year Ended 29 February 2024

1. STATUTORY INFORMATION

HRISHIKA ENTERPRISES LTD is a private company, limited by shares , registered in Scotland. 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

HRISHIKA ENTERPRISES LTD (Registered number: SC654144)

Notes to the Financial Statements - continued
For The Year Ended 29 February 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 135,957
Additions 204,979
At 29 February 2024 340,936
NET BOOK VALUE
At 29 February 2024 340,936
At 28 February 2023 135,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
VAT 40 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Tax 2,447 2,056
Directors' current accounts 420,240 121,482
Accrued expenses 1,692 660
424,379 124,198

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1.00 100 100

8. RESERVES
Retained
earnings
£   

At 1 March 2023 15,466
Profit for the year 10,433
At 29 February 2024 25,899