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Company Registration No. 11645599 (England and Wales)
TAPAN PANDIT LTD Unaudited accounts for the year ended 31 October 2023
TAPAN PANDIT LTD Unaudited accounts Contents
Page
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TAPAN PANDIT LTD Company Information for the year ended 31 October 2023
Director
Tapan Chandra PANDIT
Company Number
11645599 (England and Wales)
Registered Office
12 Hessel Street London E1 2LP England
Accountants
QUALIFIED ACCOUNTANTS LIMITED 89 Oakfield Road Southgate London N14 6LT
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TAPAN PANDIT LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
403 
504 
Investment property
342,249 
331,320 
342,652 
331,824 
Current assets
Cash at bank and in hand
1,000 
(1,990)
Creditors: amounts falling due within one year
(129,821)
(316,987)
Net current liabilities
(128,821)
(318,977)
Total assets less current liabilities
213,831 
12,847 
Creditors: amounts falling due after more than one year
(182,933)
(540)
Net assets
30,898 
12,307 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
30,897 
12,306 
Shareholders' funds
30,898 
12,307 
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 11 August 2024 and were signed on its behalf by
Tapan Chandra PANDIT Director Company Registration No. 11645599
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TAPAN PANDIT LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
TAPAN PANDIT LTD is a private company, limited by shares, registered in England and Wales, registration number 11645599. The registered office is 12 Hessel Street, London, E1 2LP, 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.
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:
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
960 
At 31 October 2023
960 
Depreciation
At 1 November 2022
456 
Charge for the year
101 
At 31 October 2023
557 
Net book value
At 31 October 2023
403 
At 31 October 2022
504 
5
Investment property
2023 
£ 
Fair value at 1 November 2022
331,320 
Additions
10,929 
At 31 October 2023
342,249 
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TAPAN PANDIT LTD Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
4,620 
2,448 
Proposed dividends
1,000 
2,000 
Other creditors
2,550 
- 
Loans from directors
121,001 
311,939 
Accruals
650 
600 
129,821 
316,987 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
182,393 
- 
Taxes and social security
540 
540 
182,933 
540 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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