IRIS Accounts Production v25.1.4.42 13096659 director 1.1.24 31.12.24 31.12.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh130966592023-12-31130966592024-12-31130966592024-01-012024-12-31130966592022-12-31130966592023-01-012023-12-31130966592023-12-3113096659ns15:EnglandWales2024-01-012024-12-3113096659ns14:PoundSterling2024-01-012024-12-3113096659ns10:Director12024-01-012024-12-3113096659ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3113096659ns10:SmallEntities2024-01-012024-12-3113096659ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3113096659ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3113096659ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3113096659ns10:FullAccounts2024-01-012024-12-311309665912024-01-012024-12-3113096659ns10:OrdinaryShareClass12024-01-012024-12-3113096659ns10:RegisteredOffice2024-01-012024-12-3113096659ns5:CurrentFinancialInstruments2024-12-3113096659ns5:CurrentFinancialInstruments2023-12-3113096659ns5:ShareCapital2024-12-3113096659ns5:ShareCapital2023-12-3113096659ns5:RetainedEarningsAccumulatedLosses2024-12-3113096659ns5:RetainedEarningsAccumulatedLosses2023-12-3113096659ns5:NetGoodwill2024-01-012024-12-3113096659ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3113096659ns5:NetGoodwill2023-12-3113096659ns5:NetGoodwill2024-12-3113096659ns5:NetGoodwill2023-12-3113096659ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3113096659ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3113096659ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 13096659 (England and Wales)


Financial Statements for the Year Ended 31 December 2024

for

KS Cheema Ltd

KS Cheema Ltd (Registered number: 13096659)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KS Cheema Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr Kawaljeet Singh





REGISTERED OFFICE: 22 Parkway
Sketty Park
Swansea
SA2 8JJ





REGISTERED NUMBER: 13096659 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

KS Cheema Ltd (Registered number: 13096659)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 52,000 52,000

CURRENT ASSETS
Inventories 2,450 2,334
Debtors 5 21,390 21,467
Cash at bank and in hand 4,653 3,084
28,493 26,885
CREDITORS
Amounts falling due within one year 6 78,774 78,937
NET CURRENT LIABILITIES (50,281 ) (52,052 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,719

(52

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 1,619 (152 )
SHAREHOLDERS' FUNDS 1,719 (52 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

KS Cheema Ltd (Registered number: 13096659)

Statement of Financial Position - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 June 2025 and were signed by:





Mr Kawaljeet Singh - Director


KS Cheema Ltd (Registered number: 13096659)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

KS Cheema Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 52,000
NET BOOK VALUE
At 31 December 2024 52,000
At 31 December 2023 52,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 21,390 21,467

KS Cheema Ltd (Registered number: 13096659)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 28,763 22,428
Taxation and social security 5,709 3,124
Other creditors 44,302 53,385
78,774 78,937

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100