Company Registration No. 08381661 (England and Wales)
Krishna Enterprises (UK) Ltd
Unaudited accounts
for the year ended 31 December 2022
Krishna Enterprises (UK) Ltd
Unaudited accounts
Contents
Krishna Enterprises (UK) Ltd
Company Information
for the year ended 31 December 2022
Company Number
08381661 (England and Wales)
Registered Office
53 Culver Grove
Stanmore
Middlesex
HA7 2NJ
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
Krishna Enterprises (UK) Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
27,772
6,694
Creditors: amounts falling due within one year
(5,271)
(4,830)
Net current assets
23,218
4,590
Total assets less current liabilities
24,042
5,512
Creditors: amounts falling due after more than one year
(8,195)
(8,548)
Net assets/(liabilities)
15,847
(3,036)
Called up share capital
100
100
Profit and loss account
15,747
(3,136)
Shareholders' funds
15,847
(3,036)
For the year ending 31 December 2022 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 director acknowledges his 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 and authorised for issue on 13 March 2023 and were signed on its behalf by
Hiren Patel
Director
Company Registration No. 08381661
Krishna Enterprises (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2022
Krishna Enterprises (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08381661. The registered office is 53 Culver Grove, Stanmore, Middlesex, HA7 2NJ.
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.
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
25% reducing balance
Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.
Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.
The accounts are presented in £ sterling.
Krishna Enterprises (UK) Ltd
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
1,151
2,316
Taxes and social security
2,978
1,598
7
Creditors: amounts falling due after more than one year
2022
2021
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
2,689
-
2,689
-
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
