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Company Registration No. 11651327 (England and Wales)
KHAMBA PROPERTIES 2 LIMITED Unaudited accounts for the year ended 31 October 2024
KHAMBA PROPERTIES 2 LIMITED Unaudited accounts Contents
Page
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KHAMBA PROPERTIES 2 LIMITED Company Information for the year ended 31 October 2024
Director
Warjinder Singh KHAMBA
Company Number
11651327 (England and Wales)
Registered Office
17 Castle Gate Nottingham Nottinghamshire NG1 7AQ England
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KHAMBA PROPERTIES 2 LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
150,000 
150,000 
Current assets
Debtors
152,610 
153,821 
Cash at bank and in hand
1,906 
7,275 
154,516 
161,096 
Creditors: amounts falling due within one year
(9,904)
(8,823)
Net current assets
144,612 
152,273 
Total assets less current liabilities
294,612 
302,273 
Creditors: amounts falling due after more than one year
(147,284)
(163,008)
Net assets
147,328 
139,265 
Capital and reserves
Called up share capital
150,002 
150,002 
Profit and loss account
(2,674)
(10,737)
Shareholders' funds
147,328 
139,265 
For the year ending 31 October 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.
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 25 July 2025 and were signed on its behalf by
Warjinder Singh KHAMBA Director Company Registration No. 11651327
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KHAMBA PROPERTIES 2 LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
KHAMBA PROPERTIES 2 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11651327. The registered office is 17 Castle Gate, Nottingham, Nottinghamshire, NG1 7AQ, England.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
150,000 
At 31 October 2024
150,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
152,610 
153,821 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,446 
7,002 
Trade creditors
1,475 
1,150 
Loans from directors
658 
346 
Accruals
325 
325 
9,904 
8,823 
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KHAMBA PROPERTIES 2 LIMITED Notes to the Accounts for the year ended 31 October 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
32,326 
40,759 
Other creditors
114,958 
122,249 
147,284 
163,008 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
150,002 Ordinary shares of £1 each
150,002 
150,002 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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