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REGISTERED NUMBER: 11414349 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Kumar Practise Limited

Kumar Practise Limited (Registered number: 11414349)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kumar Practise Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Dr V Kumar
Dr S Nalli Kandasamy





SECRETARY:





REGISTERED OFFICE: 57 Motspur park
New Malden
Surrey
KT3 6PT





REGISTERED NUMBER: 11414349 (England and Wales)





ACCOUNTANTS: Siva & Associates
Financial Accountants
40 Ferndale Avenue
Hounslow
Middlesex
TW4 7ES

Kumar Practise Limited (Registered number: 11414349)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,724 2,310

CURRENT ASSETS
Debtors 5 19,115 2,920
Cash at bank and in hand 173,555 131,965
192,670 134,885
CREDITORS
Amounts falling due within one year 6 22,373 16,666
NET CURRENT ASSETS 170,297 118,219
TOTAL ASSETS LESS CURRENT
LIABILITIES

174,021

120,529

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 173,921 120,429
174,021 120,529

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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by:



Dr V Kumar - Director


Kumar Practise Limited (Registered number: 11414349)

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

1. STATUTORY INFORMATION

Kumar Practise Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Kumar Practise Limited (Registered number: 11414349)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 4,744
Additions 2,954
At 30 June 2024 7,698
DEPRECIATION
At 1 July 2023 2,434
Charge for year 1,540
At 30 June 2024 3,974
NET BOOK VALUE
At 30 June 2024 3,724
At 30 June 2023 2,310

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 19,115 2,920

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1 (1 )
Taxation and social security 20,525 15,064
Other creditors 1,847 1,603
22,373 16,666