Kalawati Ltd - Filleted accounts

Registered number

SC773076

Kalawati Ltd

Filleted Accounts

30 April 2026

Kalawati Ltd
Registered number:		SC773076
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		34,326			40,529

Current assets
Stocks		3,150			3,980
Cash at bank and in hand		40,627			46,106
		43,777			50,086

Creditors: amounts falling due within one year	4	(69,152)			(81,832)

Net current liabilities			(25,375)			(31,746)

Total assets less current liabilities			8,951			8,783


Provisions for liabilities			(8,582)			-


Net assets			369			8,783

Capital and reserves
Called up share capital			100			100
Profit and loss account			269			8,683

Shareholder's funds			369			8,783

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.




Diwan Singh
Director
Approved by the board on 10 June 2026

Kalawati Ltd
Notes to the Accounts
for the year ended 30 April 2026


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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Fixtures & Fittings	25% Straight-line method
	Property Improvement Costs	25% Straight-line method

	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			2026		2025
Number					Number

	Average number of persons employed by the company			9		7


3	Tangible fixed assets
		Property improvement costs		Fixtures & Fittings		Total
£			£		£
	Cost
	At 1 May 2025	45,476		7,924		53,400
	Additions	-		8,331		8,331
	At 30 April 2026	45,476		16,255		61,731

	Depreciation
	At 1 May 2025	11,369		1,502		12,871
	Charge for the year	11,369		3,165		14,534
	At 30 April 2026	22,738		4,667		27,405

	Net book value
	At 30 April 2026	22,738		11,588		34,326
	At 30 April 2025	34,107		6,422		40,529


4	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			3,965		4,160
	Accrued charges			1,000		900
	Taxation and social security costs			22,296		25,110
	Other creditors			41,891		51,662
				69,152		81,832


5	Controlling party

	The director, Diwan Singh, holds a 100% beneficial interest in the share capital of the company.


6	Other information

	Kalawati Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	87 Carrick Knowe Avenue
	Edinburgh
	EH12 7DE