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REGISTERED NUMBER: 12927683 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

KHUSHHAL LTD

KHUSHHAL LTD (REGISTERED NUMBER: 12927683)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KHUSHHAL LTD

COMPANY INFORMATION
for the Year Ended 31st October 2024







DIRECTOR: Mr D Vaghela





REGISTERED OFFICE: 417 Mawney Road
Romford
RM7 8PX





REGISTERED NUMBER: 12927683 (England and Wales)





ACCOUNTANTS: SAS Accountant Ltd t/as OJW Associates
16 Hennals Avenue
Webheath
Redditch
Worcestershire
B97 5RX

KHUSHHAL LTD (REGISTERED NUMBER: 12927683)

BALANCE SHEET
31st October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 257,000 268,000

CURRENT ASSETS
Cash at bank 14,321 12,166

CREDITORS
Amounts falling due within one year 5 65,500 67,098
NET CURRENT LIABILITIES (51,179 ) (54,932 )
TOTAL ASSETS LESS CURRENT LIABILITIES 205,821 213,068

CREDITORS
Amounts falling due after more than one
year

6

162,236

162,236
NET ASSETS 43,585 50,832

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 43,584 50,831
SHAREHOLDERS' FUNDS 43,585 50,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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.

KHUSHHAL LTD (REGISTERED NUMBER: 12927683)

BALANCE SHEET - continued
31st October 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 26th March 2025 and were signed by:





Mr D Vaghela - Director


KHUSHHAL LTD (REGISTERED NUMBER: 12927683)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2024


1. STATUTORY INFORMATION

Khushhal 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 as modified by the revaluation of certain assets.

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 - NIL ) .

KHUSHHAL LTD (REGISTERED NUMBER: 12927683)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2024


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1st November 2023 268,000
Revaluations (11,000 )
At 31st October 2024 257,000
NET BOOK VALUE
At 31st October 2024 257,000
At 31st October 2023 268,000

Cost or valuation at 31st October 2024 is represented by:

Land and
buildings
£   
Valuation in 2023 44,878
Valuation in 2024 (11,000 )
Cost 223,122
257,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 888 1,100
Other creditors 64,612 65,998
65,500 67,098

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 162,236 162,236

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 162,236 162,236

KHUSHHAL LTD (REGISTERED NUMBER: 12927683)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1