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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
Page
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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
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KERAI CONSTRUCTION LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,624 
30,780 
Current assets
Inventories
59,250 
63,750 
Debtors
66,839 
68,861 
Cash at bank and in hand
71,727 
89,668 
197,816 
222,279 
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 
Capital and reserves
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
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KERAI CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
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 
Depreciation
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 
Net book value
At 31 July 2024
19,621 
4,524 
479 
24,624 
At 31 July 2023
24,526 
5,655 
599 
30,780 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
8,706 
10,257 
Trade debtors
47,749 
48,220 
Deferred tax asset
384 
384 
Other debtors
10,000 
10,000 
66,839 
68,861 
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KERAI CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,474 
9,193 
Trade creditors
- 
8,540 
Taxes and social security
4,037 
5,341 
Other creditors
20,434 
28,935 
Loans from directors
18,060 
17,435 
Accruals
6,810 
6,300 
53,815 
75,744 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,413 
30,303 
Obligations under finance leases and hire purchase contracts
11,885 
14,712 
32,298 
45,015 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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