Company Registration No. 12483631 (England and Wales)
BANSID LIMITED
Unaudited accounts
for the year ended 31 January 2024
BANSID LIMITED
Unaudited accounts
Contents
BANSID LIMITED
Company Information
for the year ended 31 January 2024
Directors
Amandeep Singh Bansal
Esha Kaur Bansal
Company Number
12483631 (England and Wales)
Registered Office
UNIT C COMMON ROAD
STUDHAM
DUNSTABLE
LU6 2FU
ENGLAND
BANSID LIMITED
Statement of financial position
as at 31 January 2024
Investment property
200,000
185,000
Cash at bank and in hand
8,250
7,216
Creditors: amounts falling due within one year
(25,933)
(25,755)
Net current liabilities
(17,683)
(18,539)
Total assets less current liabilities
182,317
166,461
Creditors: amounts falling due after more than one year
(87,975)
(87,975)
Provisions for liabilities
Deferred tax
(17,858)
(11,270)
Called up share capital
100
100
Profit and loss account
76,384
67,116
Shareholders' funds
76,484
67,216
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 26 October 2024 and were signed on its behalf by
Amandeep Singh Bansal
Director
Company Registration No. 12483631
BANSID LIMITED
Notes to the Accounts
for the year ended 31 January 2024
BANSID LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12483631. The registered office is UNIT C COMMON ROAD, STUDHAM, DUNSTABLE, LU6 2FU, 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.
The accounts are presented in £ sterling.
Fair value at 1 February 2023
185,000
Net gain from fair value adjustments
15,000
At 31 January 2024
200,000
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
3,999
3,999
Loans from directors
21,214
21,036
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).