Company Registration No. 10724070 (England and Wales)
Kalsi Property LTD
Unaudited accounts
for the year ended 30 April 2024
Kalsi Property LTD
Unaudited accounts
Contents
Kalsi Property LTD
Company Information
for the year ended 30 April 2024
Directors
Ravinder Kalsi
Kulwinder Kalsi
Company Number
10724070 (England and Wales)
Registered Office
53 Sherbourne Road
Cradley Heath
West Midlands
B64 7PX
United Kingdom
Kalsi Property LTD
Statement of financial position
as at 30 April 2024
Investment property
105,070
105,070
Cash at bank and in hand
11,161
11,161
Creditors: amounts falling due within one year
(25,680)
(16,448)
Net current liabilities
(14,519)
(5,287)
Total assets less current liabilities
90,551
99,783
Creditors: amounts falling due after more than one year
(91,402)
(99,109)
Net (liabilities)/assets
(851)
674
Called up share capital
100
100
Profit and loss account
(951)
574
Shareholders' funds
(851)
674
For the year ending 30 April 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 15 January 2025 and were signed on its behalf by
Ravinder Kalsi
Director
Company Registration No. 10724070
Kalsi Property LTD
Notes to the Accounts
for the year ended 30 April 2024
Kalsi Property LTD is a private company, limited by shares, registered in England and Wales, registration number 10724070. The registered office is 53 Sherbourne Road, Cradley Heath, West Midlands, B64 7PX, United Kingdom.
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.
Fair value at 1 May 2023
105,070
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,919
2,975
Loans from directors
23,761
13,338
6
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
-
205
Kalsi Property LTD
Notes to the Accounts
for the year ended 30 April 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan from director
(6,669)
-
5,211
(11,880)
Loan from director
(6,669)
-
5,211
(11,880)
(13,338)
-
10,422
(23,760)
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).