Company Registration No. 4047855 (England and Wales)
MS KHATRA LIMITED
Unaudited accounts
for the year ended 1 November 2021
MS KHATRA LIMITED
Unaudited accounts
Contents
MS KHATRA LIMITED
Company Information
for the year ended 1 November 2021
Directors
Manjinder Singh Khatra
Dalbir Kaur Khatra
Secretary
Dalbir Kaur Khatra
Company Number
4047855 (England and Wales)
Registered Office
228 KINETON GREEN ROAD
SOLIHULL
WEST MIDLANDS
B92 7ER
Accountants
Mayfield
1st Floor, 5 Highgate Business Centre
Highgate Road
Birmingham
B12 8EA
MS KHATRA LIMITED
Statement of financial position
as at 1 November 2021
Tangible assets
1,466
1,788
Cash at bank and in hand
18,383
21,494
Creditors: amounts falling due within one year
(1,219)
(1,721)
Net current assets
20,095
22,779
Total assets less current liabilities
21,561
24,567
Creditors: amounts falling due after more than one year
(13,708)
(15,000)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
7,572
9,225
Shareholders' funds
7,574
9,227
For the year ending 1 November 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 24 May 2022 and were signed on its behalf by
Manjinder Singh Khatra
Director
Company Registration No. 4047855
MS KHATRA LIMITED
Notes to the Accounts
for the year ended 1 November 2021
MS KHATRA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4047855. The registered office is 228 KINETON GREEN ROAD, SOLIHULL, WEST MIDLANDS, B92 7ER.
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.
Turnover represents the total invoiced value of services provided by the company during the year.
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
At 18% Reducing Balance Basis.
4
Tangible fixed assets
Plant & machinery
5
Debtors: amounts falling due within one year
2021
2020
MS KHATRA LIMITED
Notes to the Accounts
for the year ended 1 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
1,007
1,087
Loans from directors
62
148
7
Creditors: amounts falling due after more than one year
2021
2020
8
Deferred taxation
2021
2020
Accelerated capital allowances
279
340
Provision at start of year
340
624
Credited to the profit and loss account
(61)
(284)
Provision at end of year
279
340
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 2 (2020: 2).
