| Kavita Limited |
| Registered number: |
02674123 |
| Balance Sheet as at 31 May 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
1,737,004 |
|
|
1,291,026 |
| Cash at bank and in hand |
|
|
129,247 |
|
|
136,887 |
|
|
|
1,866,251 |
|
|
1,427,913 |
|
| Creditors: amounts falling due within one year |
4 |
|
(115,104) |
|
|
(10,456) |
|
| Net current assets |
|
|
|
1,751,147 |
|
|
1,417,457 |
|
| Total assets less current liabilities |
|
|
|
1,751,147 |
|
|
1,417,457 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(1,890) |
|
|
- |
|
|
| Net assets |
|
|
|
1,749,257 |
|
|
1,417,457 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
1,749,157 |
|
|
1,417,357 |
|
| Shareholders' funds |
|
|
|
1,749,257 |
|
|
1,417,457 |
|
|
|
|
|
|
|
|
| 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 members have 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 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. |
|
| Approved by the board on 30 July 2026 |
|
|
|
| ……………………………… |
| Harminder Dhillon |
| Director |
|
| Kavita Limited |
| Notes to the Accounts |
| for the year ended 31 May 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. |
|
|
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 traded derivatives. Turnover is recognised by reference to the market value of the contract on the balance sheet date. |
|
|
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. Current and deferred tax assets and liabilities are not discounted. |
|
|
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Other debtors |
1,737,004 |
|
1,291,026 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Corporation tax |
113,934 |
|
9,286 |
|
Other creditors |
1,170 |
|
1,170 |
|
|
|
|
|
|
115,104 |
|
10,456 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Other creditors |
1,890 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 6 |
Loans to directors |
|
|
All director loans are repayable on demand. Interest on loans made to the director's exceeding £10,000 are charged during the year at the HMRC beneficial loan rate. |
|
|
|
|
|
|
|
2026 |
|
2025 |
| £ |
£ |
|
Amounts due from the director |
|
|
Harminder Dhillon |
1,441 |
|
28,036 |
|
|
|
|
|
|
|
1,441 |
|
28,036 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Kavita Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
22 Somerset Road, Southall, Middlesex UB1 2TP |