Company Registration No. 10466379 (England and Wales)
KMASSOP LTD
Unaudited accounts
for the year ended 30 November 2021
KMASSOP LTD
Unaudited accounts
Contents
KMASSOP LTD
Company Information
for the year ended 30 November 2021
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
KMASSOP LTD
Statement of financial position
as at 30 November 2021
Tangible assets
23,021
18,394
Cash at bank and in hand
6,014
174,299
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
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
KMASSOP LTD
Notes to the Accounts
for the year ended 30 November 2021
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.
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.
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:
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
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
At 30 November 2021
3,005
5,754
14,262
23,021
At 30 November 2020
-
-
18,394
18,394
KMASSOP LTD
Notes to the Accounts
for the year ended 30 November 2021
5
Investments
Other investments
Valuation at 1 December 2020
-
Valuation at 30 November 2021
126,208
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
139,761
143,299
Other debtors
10,000
9,601
7
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
12,595
54,769
Other creditors
4,564
3,750
8
Creditors: amounts falling due after more than one year
2021
2020
9
Average number of employees
During the year the average number of employees was 1 (2020: 1).