1 May 2024 false No description of principal activity Taxfiler 2024.6 07063712 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 07063712 2024-04-30 07063712 2024-05-01 2025-04-30 07063712 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 07063712 business:FilletedAccounts 2024-05-01 2025-04-30 07063712 2025-04-30 07063712 2024-04-30 07063712 core:WithinOneYear 2025-04-30 07063712 core:WithinOneYear 2024-04-30 07063712 core:AfterOneYear 2025-04-30 07063712 core:AfterOneYear 2024-04-30 07063712 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 07063712 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 07063712 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 07063712 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 07063712 core:PreviouslyStatedAmount 2025-04-30 07063712 core:PreviouslyStatedAmount 2024-04-30 07063712 business:SmallEntities 2024-05-01 2025-04-30 07063712 business:Director1 2024-05-01 2025-04-30 07063712 countries:EnglandWales 2024-05-01 2025-04-30 07063712 business:RegisteredOffice 2024-05-01 2025-04-30 07063712 core:PlantMachinery 2024-05-01 2025-04-30 07063712 core:FurnitureFittings 2024-05-01 2025-04-30 07063712 core:ComputerEquipment 2024-05-01 2025-04-30 07063712 core:Goodwill 2024-04-30 07063712 core:Goodwill 2025-04-30 07063712 core:Goodwill 2024-05-01 2025-04-30 07063712 core:PlantMachinery 2024-04-30 07063712 core:MotorVehicles 2024-04-30 07063712 core:FurnitureFittings 2024-04-30 07063712 core:ComputerEquipment 2024-04-30 07063712 core:PlantMachinery 2025-04-30 07063712 core:MotorVehicles 2025-04-30 07063712 core:FurnitureFittings 2025-04-30 07063712 core:ComputerEquipment 2025-04-30 07063712 core:MotorVehicles 2024-05-01 2025-04-30 07063712 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 07063712 (England and Wales)
KHAN INTERNATIONAL TRADES LIMITED Unaudited accounts for the year ended 30 April 2025
KHAN INTERNATIONAL TRADES LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
20,000
25,000
Tangible assets
5
20,565
26,273
40,565
51,273
Current assets
Inventories
44,850
72,200
Debtors
6
90,691
103,430
Cash at bank and in hand
36,154
35,350
171,695
210,980
Creditors: amounts falling due within one year
7
(198,532)
(217,129)
Net current liabilities
(26,837)
(6,149)
Total assets less current liabilities
13,728
45,124
Creditors: amounts falling due after more than one year
8
(11,667)
(21,667)
Net assets
2,061
23,457
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
1,061
22,457
Shareholders' funds
2,061
23,457
For the year ending 30 April 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 7 January 2026 and were signed on its behalf by
Mr. A U Khan Director Company Registration No. 07063712
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KHAN INTERNATIONAL TRADES LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
KHAN INTERNATIONAL TRADES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07063712. The registered office is UNIT 7-10, CHEAPSIDE INDUSTRIAL ESTATE, BIRMINGHAM, WEST MIDLANDS, B12 0PG.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years
4
Intangible fixed assets
Goodwill
£
Cost
At 1 May 2024
100,000
At 30 April 2025
100,000
Amortisation
At 1 May 2024
75,000
Charge for the year
5,000
At 30 April 2025
80,000
Net book value
At 30 April 2025
20,000
At 30 April 2024
25,000
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KHAN INTERNATIONAL TRADES LIMITED Notes to the Accounts for the year ended 30 April 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2024
61,632
13,600
27,975
8,392
111,599
At 30 April 2025
61,632
13,600
27,975
8,392
111,599
Depreciation
At 1 May 2024
46,095
5,950
26,305
6,976
85,326
Charge for the year
3,107
1,913
334
354
5,708
At 30 April 2025
49,202
7,863
26,639
7,330
91,034
Net book value
At 30 April 2025
12,430
5,737
1,336
1,062
20,565
At 30 April 2024
15,537
7,650
1,670
1,416
26,273
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
84,194
103,430
Other debtors
6,497
-
90,691
103,430
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
702
852
Trade creditors
84,608
70,570
Taxes and social security
3,740
13,946
Other creditors
4,076
5,082
Loans from directors
103,137
124,410
Accruals
2,269
2,269
198,532
217,129
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
11,667
21,667
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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