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Company Registration No. 11836604 (England and Wales)
Kashkind Ltd Unaudited accounts for the year ended 31 May 2024
Kashkind Ltd Unaudited accounts Contents
Page
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Kashkind Ltd Company Information for the year ended 31 May 2024
Director
Mr Anuj Ramesh Khanna
Company Number
11836604 (England and Wales)
Registered Office
C/O Benison Solvers Limited 1000 Great W Brentford Middlesex TW8 9DW United Kingdom
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Kashkind Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
337,877 
Current assets
Debtors
26,651 
9,336 
Cash at bank and in hand
1,280 
499 
27,931 
9,835 
Creditors: amounts falling due within one year
(11,914)
(16,949)
Net current assets/(liabilities)
16,017 
(7,114)
Total assets less current liabilities
16,017 
330,763 
Creditors: amounts falling due after more than one year
(37,318)
(37,227)
Provisions for liabilities
Deferred tax
- 
(44,585)
Net (liabilities)/assets
(21,301)
248,951 
Capital and reserves
Called up share capital
143 
143 
Share premium
98,959 
98,959 
Profit and loss account
(120,403)
149,849 
Shareholders' funds
(21,301)
248,951 
For the year ending 31 May 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 3 June 2025 and were signed on its behalf by
Mr Anuj Ramesh Khanna Director Company Registration No. 11836604
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Kashkind Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Kashkind Ltd is a private company, limited by shares, registered in England and Wales, registration number 11836604. The registered office is C/O Benison Solvers Limited 1000 Great W, Brentford, Middlesex, TW8 9DW, United Kingdom.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Kashkind Ltd Notes to the Accounts for the year ended 31 May 2024
4
Intangible fixed assets
Total 
£ 
Cost
At 1 June 2023
337,877 
Disposals
(337,877)
At 31 May 2024
- 
Amortisation
At 1 June 2023
- 
At 31 May 2024
- 
Net book value
At 31 May 2024
- 
At 31 May 2023
337,877 
During the year, the Company wrote off the fixed asset related to the development of the Kashkind Fintech Software Platform. The project was left incomplete and was not expected to generate future economic benefits. As such, the asset was deemed fully impaired. The original capitalised development cost amounted to £71,478.40. The asset had previously been revalued to £266,398.10. As a result, the total impairment loss recognised during the year was £337,876.50, comprising both the write-off of the capitalised cost and the reversal of the revaluation surplus. This charge has been recognised in the statement of profit or loss and reflects a prudent assessment of the platform’s commercial viability. * £266,398 under Loss from revaluation of intangible assets – representing the reversal of the previous revaluation surplus; and * £71,479 under Loss on sale of intangible assets – used to reflect the write-off of the original capitalised cost, although no actual sale occurred.
5
Deferred taxation
2024 
2023 
£ 
£ 
Revaluation of investment property
- 
50,616 
Tax losses carried forward
(26,651)
(6,031)
(26,651)
44,585 
2024 
2023 
£ 
£ 
Provision at start of year
44,585 
45,392 
Credited to the profit and loss account
(71,236)
(807)
Provision at end of year
(26,651)
44,585 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
14,278,400 Ordinary shares of £0.00001 each
142.78 
142.78 
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Kashkind Ltd Notes to the Accounts for the year ended 31 May 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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