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
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
R SINGH & K SINGH LIMITED
Statement of financial position
as at 31 January 2024
Investment property
2,277,223
2,277,223
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)
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
R SINGH & K SINGH LIMITED
Notes to the Accounts
for the year ended 31 January 2024
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.
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 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.
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
Taxes and social security
395
2,518
Other creditors
14,465
9,214
Loans from directors
838,636
759,949
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).