Company Registration No. 13126229 (England and Wales)
KDA ENTERPRISES LTD
Unaudited accounts
for the year ended 31 January 2024
KDA ENTERPRISES LTD
Unaudited accounts
Contents
KDA ENTERPRISES LTD
Company Information
for the year ended 31 January 2024
Directors
Kuldip Sandhu
Manjit Sandhu
Company Number
13126229 (England and Wales)
Registered Office
85 GREAT PORTLAND STREET
FIRST FLOOR
LONDON
W1W 7LT
ENGLAND
KDA ENTERPRISES LTD
Statement of financial position
as at 31 January 2024
Investments
187,271
187,271
Cash at bank and in hand
10,320
6,865
Creditors: amounts falling due within one year
(909)
(669)
Net current assets
9,411
6,196
Total assets less current liabilities
196,682
193,467
Creditors: amounts falling due after more than one year
(192,515)
(191,888)
Called up share capital
5
5
Profit and loss account
4,162
1,574
Shareholders' funds
4,167
1,579
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 23 October 2024 and were signed on its behalf by
Kuldip Sandhu
Director
Company Registration No. 13126229
KDA ENTERPRISES LTD
Notes to the Accounts
for the year ended 31 January 2024
KDA ENTERPRISES LTD is a private company, limited by shares, registered in England and Wales, registration number 13126229. The registered office is 85 GREAT PORTLAND STREET, FIRST FLOOR, LONDON, W1W 7LT, 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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Commission income on the management of rental properties and rental income on investment properties is recognized over the period to which it relates. Any income received in advance is deferred until the company fulfils it's obligation to it's customers.
The accounts are presented in £ sterling.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
Investment Property
Investment property, which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at its fair value as the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.
Gain or losses arising from changes in the fair value of investment property are included in the profit and loss for the period in which they arise.
5
Investments
Other investments
Valuation at 1 February 2023
187,271
Valuation at 31 January 2024
187,271
KDA ENTERPRISES LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
609
369
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
134,980
134,980
Loans from directors
57,535
56,908
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).