Company Registration No. 05882766 (England and Wales)
K S HUNJAN ASSOCIATES LIMITED
Unaudited accounts
for the year ended 31 July 2024
K S HUNJAN ASSOCIATES LIMITED
Unaudited accounts
Contents
K S HUNJAN ASSOCIATES LIMITED
Company Information
for the year ended 31 July 2024
Directors
K S Hunjan
A Richardson
Company Number
05882766 (England and Wales)
Registered Office
43 BROOMHILL DRIVE
LEEDS
LS17 6JW
ENGLAND
Accountants
A M SHERMAN & CO
43 BROOMHILL DRIVE
LEEDS
LS17 6JW
K S HUNJAN ASSOCIATES LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
508,484
552,545
Investments
2,600,000
1,000,000
Cash at bank and in hand
1,363,022
1,954,907
Creditors: amounts falling due within one year
(281,065)
(142,607)
Net current assets
2,436,411
2,437,800
Total assets less current liabilities
5,544,896
3,990,346
Creditors: amounts falling due after more than one year
(2,099,194)
(828,994)
Net assets
3,445,702
3,161,352
Called up share capital
100
100
Profit and loss account
3,445,602
3,161,252
Shareholders' funds
3,445,702
3,161,352
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 9 April 2025 and were signed on its behalf by
K S Hunjan
Director
Company Registration No. 05882766
K S HUNJAN ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 July 2024
K S HUNJAN ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05882766. The registered office is 43 BROOMHILL DRIVE, LEEDS, LS17 6JW, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over 50 years
Fixtures & fittings
15 % reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
K S HUNJAN ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
356,259
135,580
333,037
824,876
At 31 July 2024
356,259
135,580
337,772
829,611
At 1 August 2023
-
33,895
238,436
272,331
Charge for the year
-
33,895
14,901
48,796
At 31 July 2024
-
67,790
253,337
321,127
At 31 July 2024
356,259
67,790
84,435
508,484
At 31 July 2023
356,259
101,685
94,601
552,545
6
Investments
Other investments
Valuation at 1 August 2023
1,000,000
Valuation at 31 July 2024
2,600,000
Amounts falling due within one year
Trade debtors
109,335
99,113
Accrued income and prepayments
7,127
7,729
Other debtors
1,211,742
492,908
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,347
7,966
Trade creditors
81,235
65,385
Taxes and social security
7,740
5,308
Other creditors
34,891
35,404
Loans from directors
138,243
12,056
K S HUNJAN ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 July 2024
9
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
2,080,000
800,000
10
Average number of employees
During the year the average number of employees was 13 (2023: 13).