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Company Registration No. 11824917 (England and Wales)
K P GAYATRI LTD Unaudited accounts for the year ended 29 February 2024
K P GAYATRI LTD Unaudited accounts Contents
Page
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K P GAYATRI LTD Company Information for the year ended 29 February 2024
Director
Kiran Pravinchandra Patel
Company Number
11824917 (England and Wales)
Registered Office
6 SYCAMORE CLOSE SOUTH CROYDON CR2 7LN ENGLAND
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K P GAYATRI LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
430,716 
430,916 
Cash at bank and in hand
391 
255 
431,107 
431,171 
Creditors: amounts falling due within one year
(392,535)
(385,335)
Net current assets
38,572 
45,836 
Total assets less current liabilities
38,572 
45,836 
Creditors: amounts falling due after more than one year
(35,729)
(41,684)
Net assets
2,843 
4,152 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,842 
4,151 
Shareholders' funds
2,843 
4,152 
For the year ending 29 February 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 21 October 2024 and were signed on its behalf by
Kiran Pravinchandra Patel Director Company Registration No. 11824917
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K P GAYATRI LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
K P GAYATRI LTD is a private company, limited by shares, registered in England and Wales, registration number 11824917. The registered office is 6 SYCAMORE CLOSE, SOUTH CROYDON, CR2 7LN, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
380,600 
380,600 
Other debtors
50,116 
50,316 
430,716 
430,916 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,955 
5,955 
Trade creditors
372,000 
372,000 
Amounts owed to group undertakings and other participating interests
10,800 
3,600 
Loans from directors
2,860 
2,860 
Accruals
920 
920 
392,535 
385,335 
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K P GAYATRI LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
35,729 
41,684 
The company borrowed bounce back loan of £50,000. There is no interest payable for the first 12 months and after 12 months the interest rate is 2.5% per year.
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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