Company Registration No. 03555065 (England and Wales)
KERAI CONSTRUCTION LIMITED
Unaudited accounts
for the year ended 31 July 2024
KERAI CONSTRUCTION LIMITED
Unaudited accounts
Contents
KERAI CONSTRUCTION LIMITED
Company Information
for the year ended 31 July 2024
Directors
Pravinchandra Bhimiji Kerai
Rasiklal Bhimiji Kerai
Company Number
03555065 (England and Wales)
Registered Office
The Grampians,
5 Grampian Gardens,
London
NW2 1JH
UK
Accountants
Britain Accountants Ltd
The Grampians
5 Grampian Gardens
London
NW2 1JH
KERAI CONSTRUCTION LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
24,624
30,780
Cash at bank and in hand
71,727
89,668
Creditors: amounts falling due within one year
(53,815)
(75,744)
Net current assets
144,001
146,535
Total assets less current liabilities
168,625
177,315
Creditors: amounts falling due after more than one year
(32,298)
(45,015)
Net assets
136,327
132,300
Called up share capital
100
100
Profit and loss account
136,227
132,200
Shareholders' funds
136,327
132,300
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 28 April 2025 and were signed on its behalf by
Pravinchandra Bhimiji Kerai
Director
Company Registration No. 03555065
KERAI CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 July 2024
KERAI CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03555065. The registered office is The Grampians, , 5 Grampian Gardens,, London, NW2 1JH, UK.
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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:
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
46,364
32,420
5,523
84,307
At 31 July 2024
46,364
32,420
5,523
84,307
At 1 August 2023
21,838
26,765
4,924
53,527
Charge for the year
4,905
1,131
120
6,156
At 31 July 2024
26,743
27,896
5,044
59,683
At 31 July 2024
19,621
4,524
479
24,624
At 31 July 2023
24,526
5,655
599
30,780
Amounts falling due within one year
Trade debtors
47,749
48,220
Deferred tax asset
384
384
Other debtors
10,000
10,000
KERAI CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 July 2024
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,474
9,193
Taxes and social security
4,037
5,341
Other creditors
20,434
28,935
Loans from directors
18,060
17,435
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,885
14,712
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Average number of employees
During the year the average number of employees was 6 (2023: 6).