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Registered number: 14455188

PK SINGH LTD

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023


PK SINGH LTD

ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
DIRECTORS
Manmohan Singh Bahia
REGISTERED OFFICE
253-257
Allenby Road
Southall
Middlesex
UB1 2HD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14455188

PK SINGH LTD

ACCOUNTS
FOR THEYEARENDED30/11/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

PK SINGH LTD

BALANCE SHEET AT 30/11/2023
20232022
Notes££
FIXED ASSETS
Intangible assets3237,500-
Tangible assets41,713,811-
1,951,311-
CURRENT ASSETS
Stock47,655-
Debtors636,157-
Cash at bank and in hand30,144-
113,956-
CREDITORS: Amounts falling due within one year7115,597-
NET CURRENT LIABILITIES(1,641)-
TOTAL ASSETS LESS CURRENT LIABILITIES1,949,670-
CREDITORS: Amounts falling due after more than one year828,704-
NET ASSETS1,920,966-
CAPITAL AND RESERVES
Called up share capital9100-
Share premium account101,844,567-
Profit and loss account76,299-
SHAREHOLDERS' FUNDS1,920,966-
For the year ending 30/11/2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/07/2024 and signed on their behalf by
.............................
Manmohan Singh Bahia
Director

PK SINGH LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 25%
Commercial Vehiclesstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

PK SINGH LTD

2. EMPLOYEES
20232022
No.No.
Average number of employees4-
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
Additions250,000250,000
At 30/11/2023250,000250,000
Depreciation
For the year12,50012,500
At 30/11/202312,50012,500
Net Book Amounts
At 30/11/2023237,500237,500
4. TANGIBLE FIXED ASSETS
Land AndPlant andCommercial
BuildingsMachineryVehiclesTotal
££££
Cost
Additions1,660,00053,1298,3691,721,498
At 30/11/20231,660,00053,1298,3691,721,498
Depreciation
For the year-6,6411,0467,687
At 30/11/2023-6,6411,0467,687
Net Book Amounts
At 30/11/20231,660,00046,4887,3231,713,811
5. STOCK 20232022
££
Stock comprises:
Stock47,655-
47,655-

PK SINGH LTD

6. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors36,157-
36,157-
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax32,000-
VAT5,480-
PAYE control10,629-
Trade creditors61,338-
Other creditors3,200-
Accruals2,950-
115,597-
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Other creditors > 1yr28,704-
28,704-
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100
100-
New shares issued during period:
100 Ordinary shares of £1 each100
100-

PK SINGH LTD

10. SHARE PREMIUM ACCOUNT 20232022
££
Share premium account1,844,567-
11. RELATED PARTY TRANSACTIONS
The tangible fixed assets were purchased at market value from the director and shareholder Mr Manmohan Singh Bahia on 30 june 2023.
The company started trading on 1 July 2023.