Chashma Sahib Limited - Company limited by Guarantee |
Registered number: |
11745933 |
Balance Sheet |
as at 31 March 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
594,244 |
|
|
- |
|
Current assets |
Debtors |
4 |
|
- |
|
|
770 |
Cash at bank and in hand |
|
|
22,542 |
|
|
8,314 |
|
|
|
22,542 |
|
|
9,084 |
|
Creditors: amounts falling due within one year |
5 |
|
(7,520) |
|
|
(720) |
|
Net current assets |
|
|
|
15,022 |
|
|
8,364 |
|
Net assets |
|
|
|
609,266 |
|
|
8,364 |
|
|
|
|
|
|
|
|
|
Reserves |
|
|
|
609,266 |
|
|
8,364 |
|
|
|
|
|
609,266 |
|
|
8,364 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies. |
|
|
|
|
Mr Jagtar Singh Khurana |
Director |
Approved by the board on 12 November 2024 |
|
Chashma Sahib Limited - Company limited by Guarantee |
Notes to the Accounts |
for the year ended 31 March 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Income |
|
The income includes funds received by way of donations and fund raising activities during the period. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Freehold Land and buildings |
£ |
|
Cost |
|
Additions |
602,274 |
|
At 31 March 2024 |
602,274 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
8,030 |
|
At 31 March 2024 |
8,030 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2024 |
594,244 |
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Other debtors |
- |
|
770 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other creditors |
7,520 |
|
720 |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
Chashma Sahib Limited is a private company limited by guarantee and incorporated in England. Its registered office is |
|
559 Lady Margaret Road |
|
Southall |
|
England |
|
UB1 2QQ |