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Company Registration No. 13136782 (England and Wales)
SANGHA REAL ESTATE LTD Unaudited accounts for the year ended 31 January 2024
SANGHA REAL ESTATE LTD Unaudited accounts Contents
Page
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SANGHA REAL ESTATE LTD Company Information for the year ended 31 January 2024
Director
Dr Satveer Singh Sangha
Company Number
13136782 (England and Wales)
Registered Office
38 VINE LANE HILLINGDON UB10 0BA UNITED KINGDOM
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SANGHA REAL ESTATE LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
241,514 
255,703 
Current assets
Debtors
620 
4,244 
Cash at bank and in hand
64,804 
137,666 
65,424 
141,910 
Creditors: amounts falling due within one year
(174,410)
(322,086)
Net current liabilities
(108,986)
(180,176)
Total assets less current liabilities
132,528 
75,527 
Provisions for liabilities
Deferred tax
(7,790)
(10,886)
Net assets
124,738 
64,641 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
124,638 
64,541 
Shareholders' funds
124,738 
64,641 
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 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 9 October 2024 and were signed on its behalf by
Dr Satveer Singh Sangha Director Company Registration No. 13136782
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SANGHA REAL ESTATE LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
SANGHA REAL ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 13136782. The registered office is 38 VINE LANE, HILLINGDON, UB10 0BA, UNITED KINGDOM.
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
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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% per annum at cost
Fixtures & fittings
20% per annum at cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
213,134 
49,077 
21,870 
284,081 
At 31 January 2024
213,134 
49,077 
21,870 
284,081 
Depreciation
At 1 February 2023
- 
19,630 
8,748 
28,378 
Charge for the year
- 
9,815 
4,374 
14,189 
At 31 January 2024
- 
29,445 
13,122 
42,567 
Net book value
At 31 January 2024
213,134 
19,632 
8,748 
241,514 
At 31 January 2023
213,134 
29,447 
13,122 
255,703 
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SANGHA REAL ESTATE LTD Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
620 
4,244 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
19,091 
17,572 
Trade creditors
3,676 
5,097 
Taxes and social security
19,899 
4,723 
Loans from directors
120,560 
294,694 
Accruals
11,184 
- 
174,410 
322,086 
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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