Registered number
12280441
Simran Khaira Ltd
Accounts
For the year ended
31 October 2024
Oakensen
Chartered Accountants
Bryer Ash Business Park
Trowbridge
Wiltshire
BA14 8HE
Simran Khaira Ltd
Registered number: 12280441
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 253 -
Cash at bank and in hand 57,855 112,058
58,108 112,058
Creditors: amounts falling due within one year 4 (1,233) (19,106)
Net current assets 56,875 92,952
Total assets less current liabilities 56,875 92,952
Creditors: amounts falling due after more than one year 5 (27,000) (35,000)
Net assets 29,875 57,952
Capital and reserves
Called up share capital 1 1
Profit and loss account 29,874 57,951
Shareholder's funds 29,875 57,952
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Miss S Khaira
Director
Approved by the board on 17 June 2025
Simran Khaira Ltd
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is recognised when service has been completed.
Debtors
Short term debtors are measured at transaction price which is usually the invoice price, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price which is usually the invoice price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2024 2023
£ £
Other debtors 253 -
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs - 2,737
Other creditors 1,233 16,369
1,233 19,106
5 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 27,000 35,000
5 Related party transactions
Included in creditors falling due after one year is an amount of £27,000 (2023 - £35,000) due to the director.
6 Other information
Simran Khaira Ltd is a private company limited by shares and incorporated in England. Its registered office is:
26 Shelley Road
High Wycombe
Buckinghamshire
HP11 2UP
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