Company Registration No. 07548762 (England and Wales)
KHAGA LIMITED
Unaudited accounts
for the year ended 31 August 2021
KHAGA LIMITED
Unaudited accounts
Contents
KHAGA LIMITED
Company Information
for the year ended 31 August 2021
Directors
Hassan Shahidullah
Karin Raffel
Company Number
07548762 (England and Wales)
Registered Office
23 OAKRIDGE AVENUE
RADLETT
WD7 8EW
ENGLAND
Accountants
Countax Accounting & Tax Services
1 Airyhall Trerrace
Aberdeen
Aberdeen city
AB15 7QN
KHAGA LIMITED
Statement of financial position
as at 31 August 2021
Tangible assets
17,492
24,656
Cash at bank and in hand
1,793
50,038
Creditors: amounts falling due within one year
(181,509)
(218,436)
Net current liabilities
(135,876)
(124,558)
Net liabilities
(118,384)
(99,902)
Called up share capital
1,000
1,000
Profit and loss account
(119,384)
(100,902)
Shareholders' funds
(118,384)
(99,902)
For the year ending 31 August 2021 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 27 May 2022 and were signed on its behalf by
Karin Raffel
Director
Company Registration No. 07548762
KHAGA LIMITED
Notes to the Accounts
for the year ended 31 August 2021
KHAGA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07548762. The registered office is 23 OAKRIDGE AVENUE, RADLETT, WD7 8EW, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
20% Straight Line
4
Tangible fixed assets
Computer equipment
At 1 September 2020
35,820
At 1 September 2020
11,164
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
Amounts due from group undertakings etc.
43,840
43,840
KHAGA LIMITED
Notes to the Accounts
for the year ended 31 August 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
50,396
50,000
Loans from directors
129,812
165,413
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
