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REGISTERED NUMBER: 10677217 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Kaur Holdings Limited

Kaur Holdings Limited (Registered number: 10677217)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kaur Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Miss J Dosanjh
Mrs B Dosanjh





REGISTERED OFFICE: 255 - 261 Horn Lane
London
W3 9EH





REGISTERED NUMBER: 10677217 (England and Wales)





ACCOUNTANTS: Kumar Business Consultants Ltd
Chartered Certified Accountants
255 - 261 Horn Lane
London
W3 9EH

Kaur Holdings Limited (Registered number: 10677217)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,054 12,568
Investment property 5 1,909,748 1,909,748
1,919,802 1,922,316

CURRENT ASSETS
Debtors 6 11,096 9,330
Cash at bank 5,051 141,158
16,147 150,488
CREDITORS
Amounts falling due within one year 7 361,354 540,037
NET CURRENT LIABILITIES (345,207 ) (389,549 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,574,595

1,532,767

CREDITORS
Amounts falling due after more than one
year

8

(1,594,267

)

(1,589,705

)

PROVISIONS FOR LIABILITIES (651 ) (651 )
NET LIABILITIES (20,323 ) (57,589 )

CAPITAL AND RESERVES
Called up share capital 11 1 1
Revaluation reserve 12 54,503 54,503
Retained earnings 12 (74,827 ) (112,093 )
SHAREHOLDERS' FUNDS (20,323 ) (57,589 )

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

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

The directors acknowledge their 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.

Kaur Holdings Limited (Registered number: 10677217)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 17 December 2024 and were signed on its behalf by:





Mrs B Dosanjh - Director


Kaur Holdings Limited (Registered number: 10677217)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Kaur Holdings Limited is a private company, limited by shares , registered in England and Wales. 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.

Turnover
Rental income is recognised on an accrual basis. Rents receivable from tenants represents rents and service charges receivable in the period.

Where a rent-free period is included in a lease, the rental income foregone is allocated evenly over the period from the date of lease commencement to the earliest termination date.

Rental income from fixed and minimum guaranteed rent reviews is recognised on a straight-line basis over the shorter of the entire lease term or the period to the first break option. Where such rental income is recognised ahead of the related cash flow, an adjustment is made to ensure the carrying value of the related property including the accrued rent does not exceed the external valuation. Initial direct costs incurred in negotiating and arranging a new lease are amortised on a straight-line basis over the period from the date of lease commencement to the earliest termination date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Kaur Holdings Limited (Registered number: 10677217)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 26,040
DEPRECIATION
At 1 April 2023 13,472
Charge for year 2,514
At 31 March 2024 15,986
NET BOOK VALUE
At 31 March 2024 10,054
At 31 March 2023 12,568

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,909,748
NET BOOK VALUE
At 31 March 2024 1,909,748
At 31 March 2023 1,909,748

The investment property has been valued by the directors at the year end date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Rental deposit 11,096 9,330

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 74,368 80,811
Other loan 198,717 198,717
Other creditors 11,096 9,330
Directors' current accounts 62,740 244,057
Accrued expenses 14,433 7,122
361,354 540,037

Kaur Holdings Limited (Registered number: 10677217)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 1,594,267 1,589,705

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,295,266 1,263,094

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 74,368 80,811

Amounts falling due between two and five years:
Bank loans - 2-5 years 299,001 326,611

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,295,266 1,263,094

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 1,668,635 1,670,516

Bank loans are secured by a fixed and floating charge over the assets of the company.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

Kaur Holdings Limited (Registered number: 10677217)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

12. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2023 (112,093 ) 54,503 (57,590 )
Profit for the year 37,266 - 37,266
At 31 March 2024 (74,827 ) 54,503 (20,324 )