Company Registration No. 12934229 (England and Wales)
Ka Shing Holdings Ltd
Unaudited accounts
for the year ended 31 October 2023
Ka Shing Holdings Ltd
Unaudited accounts
Contents
Ka Shing Holdings Ltd
Company Information
for the year ended 31 October 2023
Company Number
12934229 (England and Wales)
Registered Office
1 DUFFIELD ROAD
DERBY
DERBYSHIRE
DE1 3BB
UNITED KINGDOM
Ka Shing Holdings Ltd
Statement of financial position
as at 31 October 2023
Investment property
658,104
300,000
Debtors
1,248,647
1,089,940
Cash at bank and in hand
62,125
7,784
Creditors: amounts falling due within one year
(382,104)
(188,101)
Net current assets
928,668
909,623
Total assets less current liabilities
1,586,772
1,209,623
Creditors: amounts falling due after more than one year
(1,488,499)
(1,190,486)
Called up share capital
12
12
Revaluation reserve
83,115
19,115
Profit and loss account
15,146
10
Shareholders' funds
98,273
19,137
For the year ending 31 October 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.
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 31 July 2024 and were signed on its behalf by
Ka Shing Cheung
Director
Company Registration No. 12934229
Ka Shing Holdings Ltd
Notes to the Accounts
for the year ended 31 October 2023
Ka Shing Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 12934229. The registered office is 1 DUFFIELD ROAD, DERBY, DERBYSHIRE, DE1 3BB, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 November 2022
300,000
Net gain from fair value adjustments
64,000
At 31 October 2023
658,104
Amounts falling due after more than one year
Other debtors
1,248,647
1,089,940
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
381,561
-
Loans from directors
530
-
Ka Shing Holdings Ltd
Notes to the Accounts
for the year ended 31 October 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
1,488,499
1,190,486
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).