Company Registration No. 12473071 (England and Wales)
K Birdi Ltd
Filleted accounts
for the year ended 29 February 2024
K Birdi Ltd
Filleted accounts
Contents
K Birdi Ltd
Company Information
for the year ended 29 February 2024
Company Number
12473071 (England and Wales)
Registered Office
1030 Melton Road
Syston
Leicester
LE7 2NN
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
K Birdi Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
162,179
234,087
Creditors: amounts falling due within one year
(9,888)
(88,682)
Net current assets
154,542
146,658
Net assets
168,444
146,658
Called up share capital
1
1
Profit and loss account
168,443
146,657
Shareholders' funds
168,444
146,658
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 12 November 2024 and were signed on its behalf by
Kuldip Birdi
Director
Company Registration No. 12473071
K Birdi Ltd
Notes to the Accounts
for the year ended 29 February 2024
K Birdi Ltd is a private company, limited by shares, registered in England and Wales, registration number 12473071. The registered office is 1030 Melton Road, Syston, Leicester, LE7 2NN.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
K Birdi Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Fixtures & fittings
At 29 February 2024
18,037
At 29 February 2024
13,902
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,000
41,000
Taxes and social security
2,693
24,953
Other creditors
7,627
10,545
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).