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REGISTERED NUMBER: 05169696 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

A & N Krystal Limited

A & N Krystal Limited (Registered number: 05169696)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & N Krystal Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr N D Hirani





SECRETARY: Mr A N Hirani





REGISTERED OFFICE: 164 Mollison Way
Edgware
Middlesex
HA8 5QZ





REGISTERED NUMBER: 05169696 (England and Wales)





ACCOUNTANTS: L P Patel & Co Limited
Accountants & Tax Advisers
164 Mollison Way
Edgware
Middlesex
HA8 5QZ

A & N Krystal Limited (Registered number: 05169696)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 62,266 56,127

CURRENT ASSETS
Inventories 31,281 22,479
Debtors 5 1,715 1,245
Cash at bank and in hand 48,843 20,226
81,839 43,950
CREDITORS
Amounts falling due within one year 6 84,201 47,966
NET CURRENT LIABILITIES (2,362 ) (4,016 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,904

52,111

CREDITORS
Amounts falling due after more than one
year

7

8,334

18,334
NET ASSETS 51,570 33,777

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 51,470 33,677
SHAREHOLDERS' FUNDS 51,570 33,777

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

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

A & N Krystal Limited (Registered number: 05169696)

Balance Sheet - continued
31 July 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 3 April 2025 and were signed by:





Mr N D Hirani - Director


A & N Krystal Limited (Registered number: 05169696)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

A & N Krystal 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
Revenue 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.
Equipment & power tools - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

A & N Krystal Limited (Registered number: 05169696)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 4 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Equipment Fixtures
& power and Motor Computer
tools fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 155,509 - 32,700 3,763 191,972
Additions - 6,000 15,705 - 21,705
At 31 July 2024 155,509 6,000 48,405 3,763 213,677
DEPRECIATION
At 1 August 2023 113,557 - 18,756 3,532 135,845
Charge for year 8,390 1,200 5,930 46 15,566
At 31 July 2024 121,947 1,200 24,686 3,578 151,411
NET BOOK VALUE
At 31 July 2024 33,562 4,800 23,719 185 62,266
At 31 July 2023 41,952 - 13,944 231 56,127

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 1,715 1,245

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 281 5,438
Taxation and social security 35,265 18,106
Other creditors 38,655 14,422
84,201 47,966

A & N Krystal Limited (Registered number: 05169696)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 8,334 18,334

8. DEFERRED TAX
£   
Balance at 1 August 2023 (1,245 )
Accelerated capital allowances (470 )
Balance at 31 July 2024 (1,715 )

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 August 2023 33,677
Profit for the year 61,793
Dividends (44,000 )
At 31 July 2024 51,470