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REGISTERED NUMBER: SC586185 (Scotland)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

KHAHRA PROPERTIES LIMITED

KHAHRA PROPERTIES LIMITED (REGISTERED NUMBER: SC586185)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KHAHRA PROPERTIES LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTOR: B Singh





REGISTERED OFFICE: 1 Macdowall Street
Suite 3.1
Paisley
PA3 2NB





REGISTERED NUMBER: SC586185 (Scotland)





ACCOUNTANTS: Kean Jarman & Company
Chartered Accountants
27 Ingram Street
Glasgow
G1 1HA

KHAHRA PROPERTIES LIMITED (REGISTERED NUMBER: SC586185)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 520,963 506,216

CURRENT ASSETS
Debtors 5 111,714 87,806
Cash at bank and in hand 19,055 13,617
130,769 101,423
CREDITORS
Amounts falling due within one year 6 229,400 236,374
NET CURRENT LIABILITIES (98,631 ) (134,951 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

422,332

371,265

CREDITORS
Amounts falling due after more than one year 7 346,357 338,548
NET ASSETS 75,975 32,717

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 75,973 32,715
SHAREHOLDERS' FUNDS 75,975 32,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2024 and were signed by:




B Singh - Director


KHAHRA PROPERTIES LIMITED (REGISTERED NUMBER: SC586185)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Khahra Properties Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 February 2023 506,216
Additions 14,747
At 31 January 2024 520,963
NET BOOK VALUE
At 31 January 2024 520,963
At 31 January 2023 506,216

5. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
Trade debtors 1,300 7,700
Other debtors 7,200 80,106
8,500 87,806

Amounts falling due after more than one year:
Other debtors 103,214 -

Aggregate amounts 111,714 87,806

KHAHRA PROPERTIES LIMITED (REGISTERED NUMBER: SC586185)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 32,358 30,792
Trade creditors (1 ) (1 )
Taxation and social security 17,768 6,276
Other creditors 179,275 199,307
229,400 236,374

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 310,557 338,548
Other creditors 35,800 -
346,357 338,548

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 181,126 215,380

8. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank loans 342,915 369,340

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31st January 2024, an amount of £117,321 (2023 - £165,321) is owed to the company director, Mr B Singh. The loan is interest free with no fixed date for repayment. The loan is disclosed in other creditors.