KENT GURKHA COMPANY LIMITED

Company Registration Number:
05797901 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

KENT GURKHA COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

KENT GURKHA COMPANY LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 32,567 43,422
Total fixed assets: 32,567 43,422
Current assets
Debtors:   329,337 133,057
Cash at bank and in hand: 143,458 276,008
Total current assets: 472,795 409,065
Creditors: amounts falling due within one year:   (311,894) (315,209)
Net current assets (liabilities): 160,901 93,856
Total assets less current liabilities: 193,468 137,278
Total net assets (liabilities): 193,468 137,278
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 193,466 137,276
Shareholders funds: 193,468 137,278

The notes form part of these financial statements

KENT GURKHA COMPANY LIMITED

Balance sheet statements

For the year ending 30 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 21 January 2025
and signed on behalf of the board by:

Name: Mr Bhupal Gurung
Status: Director

The notes form part of these financial statements

KENT GURKHA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from rendering of services. 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.

Tangible fixed assets and depreciation policy

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: Plant and machinery 25% reducing balance method Motor vehicles 25% reducing balance method

KENT GURKHA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 145 147

KENT GURKHA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 160,517
At 30 April 2024 160,517
Depreciation
At 01 May 2023 117,095
Charge for year 10,855
At 30 April 2024 127,950
Net book value
At 30 April 2024 32,567
At 30 April 2023 43,422

KENT GURKHA COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Related party transactions

Name of the related party: Bhupal Gurung
Relationship:
The directors
Description of the Transaction: "The directors maintains an account with the company. At the balance sheet date the amount in favour of the company was for £275,416 (2023 : £12,769). The dividends paid to the directors for the year was for £20,000 (2023 : Nil)."
£
Balance at 01 May 2023 12,769
Balance at 30 April 2024 275,416