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Company Registration No. 12542303 (England and Wales)
KHAMBA CAPITAL LIMITED Unaudited accounts for the year ended 30 April 2024
KHAMBA CAPITAL LIMITED Unaudited accounts Contents
Page
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KHAMBA CAPITAL LIMITED Company Information for the year ended 30 April 2024
Director
Tarjinder Singh KHAMBA
Company Number
12542303 (England and Wales)
Registered Office
31 LLANBERIS GROVE NOTTINGHAM NG8 5DP ENGLAND
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KHAMBA CAPITAL LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
342,799 
- 
Current assets
Debtors
5,900 
- 
Cash at bank and in hand
11 
1 
5,911 
1 
Creditors: amounts falling due within one year
(3,075)
(1,335)
Net current assets/(liabilities)
2,836 
(1,334)
Total assets less current liabilities
345,635 
(1,334)
Creditors: amounts falling due after more than one year
(356,080)
- 
Net liabilities
(10,445)
(1,334)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(10,446)
(1,335)
Shareholders' funds
(10,445)
(1,334)
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 director acknowledges his 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 and authorised for issue on 23 January 2025 and were signed on its behalf by
Tarjinder Singh KHAMBA Director Company Registration No. 12542303
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KHAMBA CAPITAL LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
KHAMBA CAPITAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12542303. The registered office is 31 LLANBERIS GROVE, NOTTINGHAM, NG8 5DP, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Additions
342,799 
At 30 April 2024
342,799 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
5,900 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
375 
250 
Loans from directors
2,375 
960 
Accruals
325 
125 
3,075 
1,335 
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KHAMBA CAPITAL LIMITED Notes to the Accounts for the year ended 30 April 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
216,325 
- 
Other creditors
139,755 
- 
356,080 
- 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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