Sanskrit Kitchen Limited - Filleted accounts

Registered number

10217872

Sanskrit Kitchen Limited

Filleted Accounts

30 June 2024

Sanskrit Kitchen Limited
Registered number:		10217872
Balance Sheet
as at 30 June 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		66,587			70,749

Current assets
Stocks		2,500			2,500
Debtors	4	132,900			35,730
Cash at bank and in hand		36,091			22,364
		171,491			60,594

Creditors: amounts falling due within one year	5	(95,113)			(51,065)

Net current assets			76,378			9,529

Total assets less current liabilities			142,965			80,278

Creditors: amounts falling due after more than one year	6		(12,500)			(26,832)



Net assets			130,465			53,446

Capital and reserves
Called up share capital			1,000			100
Profit and loss account			29,465			53,346

Shareholder's funds			130,465			53,446

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 his 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.




Mr Pawara Yingviriya
Director
Approved by the board on 31 March 2025

Sanskrit Kitchen Limited
Notes to the Accounts
for the year ended 30 June 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 includes revenue earned from the sale of goods and from the rendering of services.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Short leasehold property	over the term of the lease
	Plant and machinery	over 5 years


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.



2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			20		20


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 July 2023	83,234		83,652		166,886
	At 30 June 2024	83,234		83,652		166,886

	Depreciation
	At 1 July 2023	12,486		83,651		96,137
	Charge for the year	4,162		-		4,162
	At 30 June 2024	16,648		83,651		100,299

	Net book value
	At 30 June 2024	66,586		1		66,587
	At 30 June 2023	70,748		1		70,749


4	Debtors			2024		2023
£					£

	Other debtors			132,900		35,730


5	Creditors: amounts falling due within one year			2024		2023
£					£
	Corporation tax			395		395
	Bank loans and overdrafts			10,000		10,000
	Taxation and social security costs			33,940		37,670
	Other creditors			50,778		3,000
				95,113		51,065


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			12,500		26,832


7	Other information

	Sanskrit Kitchen Limited is a private company limited by shares and incorporated in England. Its registered office is:
	75 The Broadway
	Wimbledon
	London
	SW19 1QE

8	Ultimate controlling party

	The company is controlled by the sole director.