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Company Registration No. 13557045 (England and Wales)
GORKHAS FORCE LTD Unaudited accounts for the year ended 31 August 2023
GORKHAS FORCE LTD Unaudited accounts Contents
Page
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GORKHAS FORCE LTD Company Information for the year ended 31 August 2023
Director
Bikash Gurung
Company Number
13557045 (England and Wales)
Registered Office
REGUS, CENTAUR HOUSE ANCELLS ROAD FLEET HAMPSHIRE GU51 2UJ ENGLAND
Accountants
Asmita & Associates Ltd 114-116 Plumstead High Street Plumstead London SE18 1SJ
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GORKHAS FORCE LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,507 
- 
Investment property
19,994 
- 
61,501 
- 
Current assets
Debtors
64,977 
36,728 
Cash at bank and in hand
43,300 
3,262 
108,277 
39,990 
Creditors: amounts falling due within one year
(101,638)
(17,563)
Net current assets
6,639 
22,427 
Total assets less current liabilities
68,140 
22,427 
Creditors: amounts falling due after more than one year
(39,071)
- 
Net assets
29,069 
22,427 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
28,969 
22,327 
Shareholders' funds
29,069 
22,427 
For the year ending 31 August 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 20 May 2024 and were signed on its behalf by
Bikash Gurung Director Company Registration No. 13557045
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GORKHAS FORCE LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
GORKHAS FORCE LTD is a private company, limited by shares, registered in England and Wales, registration number 13557045. The registered office is REGUS, CENTAUR HOUSE, ANCELLS ROAD, FLEET, HAMPSHIRE, GU51 2UJ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Investment property
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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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GORKHAS FORCE LTD Notes to the Accounts for the year ended 31 August 2023
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
- 
- 
- 
Additions
916 
46,090 
47,006 
At 31 August 2023
916 
46,090 
47,006 
Depreciation
Charge for the year
122 
5,377 
5,499 
At 31 August 2023
122 
5,377 
5,499 
Net book value
At 31 August 2023
794 
40,713 
41,507 
5
Investment property
2023 
£ 
Additions
19,994 
At 31 August 2023
19,994 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
64,331 
36,728 
Other debtors
646 
- 
64,977 
36,728 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
33,552 
- 
Trade creditors
12 
- 
Taxes and social security
67 
5,237 
Other creditors
1,959 
- 
Loans from directors
4,153 
11,726 
Accruals
- 
600 
Deferred income
61,895 
- 
101,638 
17,563 
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GORKHAS FORCE LTD Notes to the Accounts for the year ended 31 August 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
39,071 
- 
9
Transactions with related parties
The director loan includes debit balance of £5847 (2022:£11,726) on which no interest has been charged by the company. The condition of the loan is to repay within 12 months of the borrowing. There is no security held by the company against the loan.
10
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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