Company Registration No. 12258672 (England and Wales)
KHAMBA PROPERTIES 3 LIMITED
Unaudited accounts
for the year ended 31 October 2023
KHAMBA PROPERTIES 3 LIMITED
Unaudited accounts
Contents
KHAMBA PROPERTIES 3 LIMITED
Company Information
for the year ended 31 October 2023
Director
Tarjinder Singh KHAMBA
Company Number
12258672 (England and Wales)
Registered Office
31 LLANBERIS GROVE
NOTTINGHAM
NG8 5DP
ENGLAND
KHAMBA PROPERTIES 3 LIMITED
Statement of financial position
as at 31 October 2023
Investment property
250,000
250,000
Cash at bank and in hand
103
408
Creditors: amounts falling due within one year
(10,655)
(9,683)
Net current assets
212,253
213,105
Total assets less current liabilities
462,253
463,105
Creditors: amounts falling due after more than one year
(214,516)
(208,150)
Net assets
247,737
254,955
Called up share capital
250,100
250,100
Profit and loss account
(2,363)
4,855
Shareholders' funds
247,737
254,955
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 22 July 2024 and were signed on its behalf by
Tarjinder Singh KHAMBA
Director
Company Registration No. 12258672
KHAMBA PROPERTIES 3 LIMITED
Notes to the Accounts
for the year ended 31 October 2023
KHAMBA PROPERTIES 3 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12258672. The registered office is 31 LLANBERIS GROVE, NOTTINGHAM, NG8 5DP, 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.
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
250,000
At 31 October 2023
250,000
Amounts falling due after more than one year
Other debtors
222,805
222,380
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,466
7,597
Taxes and social security
1,214
1,386
KHAMBA PROPERTIES 3 LIMITED
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
176,262
167,611
Allotted, called up and fully paid:
250,100 Ordinary shares of £1 each
250,100
250,100
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).