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REGISTERED NUMBER: 08540973 (England and Wales)


Financial Statements for the Year Ended 30 April 2024

for

Sumit Kumra Ltd

Sumit Kumra Ltd (Registered number: 08540973)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Sumit Kumra Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr Sumit Kumra





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 08540973 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Sumit Kumra Ltd (Registered number: 08540973)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 40,000 40,000
Property, plant and equipment 5 537,201 469,345
577,201 509,345

CURRENT ASSETS
Debtors 6 6,857 -
Cash at bank and in hand 215,889 143,512
222,746 143,512
CREDITORS
Amounts falling due within one year 7 289,615 168,281
NET CURRENT LIABILITIES (66,869 ) (24,769 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

510,332

484,576

CREDITORS
Amounts falling due after more than one
year

8

172,066

158,333
NET ASSETS 338,266 326,243

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 338,166 326,143
SHAREHOLDERS' FUNDS 338,266 326,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Sumit Kumra Ltd (Registered number: 08540973)

Statement of Financial Position - continued
30 April 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 director and authorised for issue on 22 January 2025 and were signed by:





Mr Sumit Kumra - Director


Sumit Kumra Ltd (Registered number: 08540973)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Sumit Kumra Ltd 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
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 40,000
NET BOOK VALUE
At 30 April 2024 40,000
At 30 April 2023 40,000

Sumit Kumra Ltd (Registered number: 08540973)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 May 2023 893,775
Additions 135,297
At 30 April 2024 1,029,072
DEPRECIATION
At 1 May 2023 424,430
Charge for year 67,441
At 30 April 2024 491,871
NET BOOK VALUE
At 30 April 2024 537,201
At 30 April 2023 469,345

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 6,857 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts and finance leases 3,369 -
Trade creditors 188,397 60,689
Taxation and social security 48,519 101,111
Other creditors 49,330 6,481
289,615 168,281

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 108,333 158,333
Hire purchase contracts and finance leases 63,733 -
172,066 158,333

Sumit Kumra Ltd (Registered number: 08540973)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.4.24 30.4.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 22,655 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100