1 April 2023 false Taxfiler 2024.5 07996375business:PrivateLimitedCompanyLtd2023-04-012024-03-31 079963752023-03-31 079963752023-04-012024-03-31 07996375business:AuditExemptWithAccountantsReport2023-04-012024-03-31 07996375business:FilletedAccounts2023-04-012024-03-31 079963752024-03-31 07996375business:Director12023-04-012024-03-31 07996375business:Director22023-04-012024-03-31 07996375business:RegisteredOffice2023-04-012024-03-31 079963752023-03-31 07996375core:WithinOneYear2024-03-31 07996375core:WithinOneYear2023-03-31 07996375core:AfterOneYear2024-03-31 07996375core:AfterOneYear2023-03-31 07996375core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07996375core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 07996375core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07996375core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07996375core:PreviouslyStatedAmount2024-03-31 07996375core:PreviouslyStatedAmount2023-03-31 07996375business:SmallEntities2023-04-012024-03-31 07996375countries:EnglandWales2023-04-012024-03-31 07996375core:PlantMachinery2023-04-012024-03-31 07996375core:MotorVehicles2023-04-012024-03-31 07996375core:FurnitureFittings2023-04-012024-03-31 07996375core:ComputerEquipment2023-04-012024-03-31 07996375core:PlantMachinery2023-03-31 07996375core:MotorVehicles2023-03-31 07996375core:FurnitureFittings2023-03-31 07996375core:ComputerEquipment2023-03-31 07996375core:PlantMachinery2024-03-31 07996375core:MotorVehicles2024-03-31 07996375core:FurnitureFittings2024-03-31 07996375core:ComputerEquipment2024-03-31 079963752022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07996375 (England and Wales)
Ashish Khanna Ltd Unaudited accounts for the year ended 31 March 2024
Ashish Khanna Ltd Unaudited accounts Contents
Page
- 2 -
Ashish Khanna Ltd Company Information for the year ended 31 March 2024
Directors
Dr Ashish Khanna Dr Suchetna Khanna
Company Number
07996375 (England and Wales)
Registered Office
17 GAINSBORO GARDENS GREENFORD UB6 0JG ENGLAND
Accountants
Utopians Accountants 49 Highview Pinner Middlesex HA5 3PE
- 3 -
Ashish Khanna Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,176 
28,529 
Current assets
Inventories
2,337 
863 
Debtors
4,075 
4,545 
Cash at bank and in hand
46,075 
42,080 
52,487 
47,488 
Creditors: amounts falling due within one year
(3,000)
(4,144)
Net current assets
49,487 
43,344 
Total assets less current liabilities
75,663 
71,873 
Creditors: amounts falling due after more than one year
(24,639)
(33,666)
Net assets
51,024 
38,207 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
50,924 
38,107 
Shareholders' funds
51,024 
38,207 
For the year ending 31 March 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 25 October 2024 and were signed on its behalf by
Dr Ashish Khanna Director Company Registration No. 07996375
- 4 -
Ashish Khanna Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Ashish Khanna Ltd is a private company, limited by shares, registered in England and Wales, registration number 07996375. The registered office is 17 GAINSBORO GARDENS, GREENFORD, UB6 0JG, 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:
Plant & machinery
10% on reducing balance
Motor vehicles
20% on reducing balance
Fixtures & fittings
10% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
18,261 
9,200 
11,693 
2,207 
41,361 
Additions
- 
- 
3,597 
- 
3,597 
At 31 March 2024
18,261 
9,200 
15,290 
2,207 
44,958 
Depreciation
At 1 April 2023
4,155 
5,548 
2,150 
979 
12,832 
Charge for the year
2,261 
2,103 
1,294 
292 
5,950 
At 31 March 2024
6,416 
7,651 
3,444 
1,271 
18,782 
Net book value
At 31 March 2024
11,845 
1,549 
11,846 
936 
26,176 
At 31 March 2023
14,106 
3,652 
9,543 
1,228 
28,529 
- 5 -
Ashish Khanna Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,294 
3,864 
Accrued income and prepayments
781 
681 
4,075 
4,545 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,000 
1,200 
Other creditors
- 
2,944 
3,000 
4,144 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
24,639 
33,666 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -