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Company Registration No. 10466379 (England and Wales)
KMASSOP LTD Unaudited accounts for the year ended 30 November 2021
KMASSOP LTD Unaudited accounts Contents
Page
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KMASSOP LTD Company Information for the year ended 30 November 2021
Director
Kassim Massop
Company Number
10466379 (England and Wales)
Registered Office
KEMP HOUSE 160 CITY ROAD LONDON EC1V 2NX ENGLAND
Accountants
Genius Accountancy Ltd 27 Old Gloucester Street London WC1N 3AX
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KMASSOP LTD Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,021 
18,394 
Investments
126,208 
- 
149,229 
18,394 
Current assets
Debtors
151,729 
154,362 
Cash at bank and in hand
6,014 
174,299 
157,743 
328,661 
Creditors: amounts falling due within one year
(17,159)
(58,519)
Net current assets
140,584 
270,142 
Total assets less current liabilities
289,813 
288,536 
Creditors: amounts falling due after more than one year
(47,158)
(50,000)
Net assets
242,655 
238,536 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
(10,344)
- 
Profit and loss account
252,998 
238,535 
Shareholders' funds
242,655 
238,536 
For the year ending 30 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 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 19 August 2022 and were signed on its behalf by
Kassim Massop Director Company Registration No. 10466379
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KMASSOP LTD Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
KMASSOP LTD is a private company, limited by shares, registered in England and Wales, registration number 10466379. The registered office is KEMP HOUSE, 160 CITY ROAD, LONDON, EC1V 2NX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Average number of employees
Average number of employees also include director.
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%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2020
- 
- 
25,526 
25,526 
Additions
4,508 
8,631 
6,565 
19,704 
At 30 November 2021
4,508 
8,631 
32,091 
45,230 
Depreciation
At 1 December 2020
- 
- 
7,132 
7,132 
Charge for the year
1,503 
2,877 
10,697 
15,077 
At 30 November 2021
1,503 
2,877 
17,829 
22,209 
Net book value
At 30 November 2021
3,005 
5,754 
14,262 
23,021 
At 30 November 2020
- 
- 
18,394 
18,394 
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KMASSOP LTD Notes to the Accounts for the year ended 30 November 2021
5
Investments
Other investments 
£ 
Valuation at 1 December 2020
- 
Additions
126,208 
Valuation at 30 November 2021
126,208 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
1,968 
1,462 
Trade debtors
139,761 
143,299 
Other debtors
10,000 
9,601 
151,729 
154,362 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
12,595 
54,769 
Other creditors
4,564 
3,750 
17,159 
58,519 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
47,158 
50,000 
9
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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