Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 05910420 Mrs Junita Kambang Mr Hemraj Kambang iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05910420 2022-11-30 05910420 2023-11-30 05910420 2022-12-01 2023-11-30 05910420 frs-core:CurrentFinancialInstruments 2023-11-30 05910420 frs-core:Non-currentFinancialInstruments 2023-11-30 05910420 frs-core:MotorVehicles 2023-11-30 05910420 frs-core:MotorVehicles 2022-12-01 2023-11-30 05910420 frs-core:MotorVehicles 2022-11-30 05910420 frs-core:PlantMachinery 2023-11-30 05910420 frs-core:PlantMachinery 2022-12-01 2023-11-30 05910420 frs-core:PlantMachinery 2022-11-30 05910420 frs-core:ShareCapital 2023-11-30 05910420 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 05910420 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05910420 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 05910420 frs-bus:SmallEntities 2022-12-01 2023-11-30 05910420 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 05910420 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 05910420 frs-bus:Director1 2022-12-01 2023-11-30 05910420 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 05910420 frs-countries:EnglandWales 2022-12-01 2023-11-30 05910420 2021-11-30 05910420 2022-11-30 05910420 2021-12-01 2022-11-30 05910420 frs-core:CurrentFinancialInstruments 2022-11-30 05910420 frs-core:Non-currentFinancialInstruments 2022-11-30 05910420 frs-core:ShareCapital 2022-11-30 05910420 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 05910420
Gurkha Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05910420
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,152 944
2,152 944
CURRENT ASSETS
Stocks 5 35,000 32,810
Debtors 6 88,686 111,335
Cash at bank and in hand 13,840 15,759
137,526 159,904
Creditors: Amounts Falling Due Within One Year 7 (51,524 ) (63,423 )
NET CURRENT ASSETS (LIABILITIES) 86,002 96,481
TOTAL ASSETS LESS CURRENT LIABILITIES 88,154 97,425
Creditors: Amounts Falling Due After More Than One Year 8 (72,631 ) (83,391 )
NET ASSETS 15,523 14,034
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 15,423 13,934
SHAREHOLDERS' FUNDS 15,523 14,034
Page 1
Page 2
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Junita Kambang
Director
26 August 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gurkha Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05910420 . The registered office is 29 Court Wurtin Beaver Lane, Ashford, Kent, TN23 5NH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 5 4
5 4
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 December 2022 12,508 7,967 20,475
Additions 1,926 - 1,926
As at 30 November 2023 14,434 7,967 22,401
Depreciation
As at 1 December 2022 11,867 7,664 19,531
Provided during the period 642 76 718
As at 30 November 2023 12,509 7,740 20,249
Net Book Value
As at 30 November 2023 1,925 227 2,152
As at 1 December 2022 641 303 944
5. Stocks
2023 2022
£ £
Finished goods 35,000 32,810
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 51,793 76,836
Other debtors 33,234 33,234
VAT 3,659 1,265
88,686 111,335
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 26,141 45,743
Corporation tax 10,341 8,988
Other taxes and social security 3,771 1,768
...CONTINUED
Page 4
Page 5
Net wages 6,865 3,874
Pension funds (Current liabilities - creditors < 1 year) 2,027 2,114
Director's loan account 2,379 936
51,524 63,423
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 72,631 83,391
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5