2021-04-01 11970432 2022-03-31 11970432 2021-04-01 2022-03-31 11970432 2021-03-31 11970432 2020-04-01 2021-03-31 11970432 uk-core:WithinOneYear 2021-03-31 11970432 uk-core:WithinOneYear 2022-03-31 11970432 uk-core:AfterOneYear 2021-03-31 11970432 uk-core:AfterOneYear 2022-03-31 11970432 uk-core:ShareCapital 2022-03-31 11970432 uk-core:ShareCapital 2021-03-31 11970432 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 11970432 uk-core:RetainedEarningsAccumulatedLosses 2021-03-31 11970432 uk-bus:Director1 2021-04-01 2022-03-31 11970432 uk-core:AfterOneYear uk-core:Secured 2022-03-31 11970432 uk-core:AfterOneYear uk-core:Secured 2021-03-31 iso4217:GBP xbrli:pure 11970432 uk-bus:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 11970432 uk-bus:FRS102 2021-04-01 2022-03-31 11970432 uk-bus:FullAccounts 2021-04-01 2022-03-31 11970432 uk-bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31
KG Barbers Ltd
Registered Number:11970432
For the year ended 31 March 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2022
KG Barbers Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11970432
As at 31 March 2022
KG Barbers Ltd
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
2,867
3,823
2
2,867
3,823
Current assets
Trade and other receivables
1,250
1,250
3
15,082
Cash and cash equivalents
23,956
25,206
16,332
Trade and other payables: amounts falling due within one
year
(6,435)
(4,215)
4
9,897
20,991
Net current assets
Total assets less current liabilities
23,858
13,720
Trade and other payables: amounts falling due after more
than one year
(4,000)
(3,405)
5
20,453
Net assets
9,720
Capital and reserves
Called up share capital
100
100
Retained earnings
20,353
9,620
20,453
9,720
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
W C Janes Director
These financial statements were approved and authorised for issue by the Board on 25 July 2022 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2022
KG Barbers Ltd
Notes to the Financial Statements
Statutory Information
KG Barbers Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
11970432.
Principal place of business:
769 Filton Avenue
Filton
Bristol
BS34 7JX
Registered address:
28 Smithcourt Drive
Little Stoke
Bristol
England
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant & Machinery 25% reducing balance.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 April 2021
6,273
At 31 March 2022
6,273
Provision for depreciation and impairment
At 01 April 2021
2,450
Charge for year
956
At 31 March 2022
3,406
At 31 March 2022
Net book value
2,867
At 31 March 2021
3,823
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5
For the year ended 31 March 2022
KG Barbers Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2021
2022
£
£
Other debtors
1,250
1,250
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Taxation and social security
3,727
1,360
Other creditors
488
5,075
4,215
6,435
5. Trade and other payables: amounts falling due after more than one year
2021
2022
£
£
Bank loans and overdraft
3,405
4,000
6. Average number of persons employed
During the year the average number of employees was 0
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