KISH-SCHUH LTD

Company Registration Number:
12570850 (England and Wales)

Unaudited abridged accounts for the year ended 05 April 2024

Period of accounts

Start date: 24 April 2023

End date: 05 April 2024

KISH-SCHUH LTD

Contents of the Financial Statements

for the Period Ended 05 April 2024

Balance sheet
Notes

KISH-SCHUH LTD

Balance sheet

As at 05 April 2024


Notes

11 months to 5 April 2024

2023


£

£
Fixed assets
Tangible assets: 3 588,000 549,000
Total fixed assets: 588,000 549,000
Current assets
Cash at bank and in hand: 1,669 188
Total current assets: 1,669 188
Creditors: amounts falling due within one year:   (237,553) (198,935)
Net current assets (liabilities): (235,884) (198,747)
Total assets less current liabilities: 352,116 350,253
Creditors: amounts falling due after more than one year:   (348,500) (348,500)
Total net assets (liabilities): 3,616 1,753
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 3,615 1,752
Shareholders funds: 3,616 1,753

The notes form part of these financial statements

KISH-SCHUH LTD

Balance sheet statements

For the year ending 5 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 January 2025
and signed on behalf of the board by:

Name: Kishan Agrawal
Status: Director

The notes form part of these financial statements

KISH-SCHUH LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; It is probable that future economic benefits will flow to the entity; And specific criteria have been met for each of the company’s activities.

Tangible fixed assets and depreciation policy

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows Asset class Depreciation method and rate Land and Buildings Buildings only over 25 years

Intangible fixed assets and amortisation policy

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows Asset class Amortisation method and rate Goodwill 20% straight line

Other accounting policies

Basis of preparation These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. Going concern These financial statements have been prepared on a going concern basis Tax The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item on income or expense recognised as other comprehensive income is also recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Tangible assets Tangible assets are stated in the balance sheet at fair value, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

KISH-SCHUH LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

2. Employees

11 months to 5 April 2024 2023
Average number of employees during the period 1 1

KISH-SCHUH LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

3. Tangible Assets

Total
Cost £
At 24 April 2023 555,000
Additions 30,000
Revaluations 15,000
At 05 April 2024 600,000
Depreciation
At 24 April 2023 6,000
Charge for year 6,000
At 05 April 2024 12,000
Net book value
At 05 April 2024 588,000
At 23 April 2023 549,000