1 February 2023 false No description of principal activity Taxfiler 2024.5 11149352business:PrivateLimitedCompanyLtd2023-02-012024-01-31 111493522023-01-31 111493522023-02-012024-01-31 11149352business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 11149352business:FilletedAccounts2023-02-012024-01-31 111493522024-01-31 11149352business:Director12023-02-012024-01-31 11149352business:Director22023-02-012024-01-31 11149352business:RegisteredOffice2023-02-012024-01-31 111493522023-01-31 11149352core:WithinOneYear2024-01-31 11149352core:WithinOneYear2023-01-31 11149352core:AfterOneYear2024-01-31 11149352core:AfterOneYear2023-01-31 11149352core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 11149352core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 11149352core:RevaluationReservecore:PreviouslyStatedAmount2024-01-31 11149352core:RevaluationReservecore:PreviouslyStatedAmount2023-01-31 11149352core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 11149352core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 11149352core:PreviouslyStatedAmount2024-01-31 11149352core:PreviouslyStatedAmount2023-01-31 11149352business:SmallEntities2023-02-012024-01-31 11149352countries:EnglandWales2023-02-012024-01-31 111493522022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11149352 (England and Wales)
R SINGH & K SINGH LIMITED Unaudited accounts for the year ended 31 January 2024
R SINGH & K SINGH LIMITED Unaudited accounts Contents
Page
- 2 -
R SINGH & K SINGH LIMITED Company Information for the year ended 31 January 2024
Directors
DR INDERPAL SINGH DR MANMEET KAUR
Company Number
11149352 (England and Wales)
Registered Office
GREEN BANKS 31 MILL RD , LISVANE CARDIFF CF14 0XH
Accountants
Gareth Thomas CTA FMAAT Ty Hei , Tyr Winch rd Old St Mellons Cardiff CF3 5UW
- 3 -
R SINGH & K SINGH LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
2,277,223 
2,277,223 
Current assets
Cash at bank and in hand
15,595 
28,934 
Creditors: amounts falling due within one year
(853,946)
(772,131)
Net current liabilities
(838,351)
(743,197)
Total assets less current liabilities
1,438,872 
1,534,026 
Creditors: amounts falling due after more than one year
(1,366,344)
(1,463,187)
Net assets
72,528 
70,839 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
60,000 
60,000 
Profit and loss account
12,428 
10,739 
Shareholders' funds
72,528 
70,839 
For the year ending 31 January 2024 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 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 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 of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by
DR INDERPAL SINGH Director Company Registration No. 11149352
- 4 -
R SINGH & K SINGH LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
R SINGH & K SINGH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11149352. The registered office is GREEN BANKS, 31 MILL RD , LISVANE, CARDIFF, CF14 0XH.
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.
Investment property
Investment property is included at cost 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.
4
Investment property
2024 
£ 
Fair value at 1 February 2023
2,277,223 
At 31 January 2024
2,277,223 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
450 
450 
Taxes and social security
395 
2,518 
Other creditors
14,465 
9,214 
Loans from directors
838,636 
759,949 
853,946 
772,131 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,366,344 
1,463,187 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 5 -