Company Registration No. 11934945 (England and Wales)
KHONGMANEE LIMITED
Unaudited accounts
for the year ended 30 April 2022
KHONGMANEE LIMITED
Unaudited accounts
Contents
KHONGMANEE LIMITED
Company Information
for the year ended 30 April 2022
Director
Mr Chutimunt Khongmanee
Company Number
11934945 (England and Wales)
Registered Office
1057 FINCHLEY ROAD
LONDON
NW11 0PU
ENGLAND
Accountants
Kapook Accountancy
Certified Practising Accountants (ICPA)
94 Caledonian Road
London
N1 9DN
KHONGMANEE LIMITED
Statement of financial position
as at 30 April 2022
Tangible assets
5,064
2,553
Cash at bank and in hand
71,640
66,114
Creditors: amounts falling due within one year
(13,548)
(17,239)
Net current assets
61,975
51,731
Called up share capital
100
100
Profit and loss account
66,939
54,184
Shareholders' funds
67,039
54,284
For the year ending 30 April 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 24 August 2022 and were signed on its behalf by
Mr Chutimunt Khongmanee
Director
Company Registration No. 11934945
KHONGMANEE LIMITED
Notes to the Accounts
for the year ended 30 April 2022
KHONGMANEE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11934945. The registered office is 1057 FINCHLEY ROAD, LONDON, NW11 0PU, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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
25% Reducing Method
Fixtures & fittings
25% Reducing Method
Computer equipment
25% Reducing Method
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
KHONGMANEE LIMITED
Notes to the Accounts
for the year ended 30 April 2022
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2021
4,189
300
-
4,489
Additions
876
1,300
2,024
4,200
At 30 April 2022
5,065
1,600
2,024
8,689
At 1 May 2021
1,805
131
-
1,936
Charge for the year
815
368
506
1,689
At 30 April 2022
2,620
499
506
3,625
At 30 April 2022
2,445
1,101
1,518
5,064
At 30 April 2021
2,384
169
-
2,553
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Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
6,552
16,470
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 5 (2021: 4).