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REGISTERED NUMBER: 13204393 (England and Wales)









Unaudited Financial Statements

for the Period 17 January 2021 to 28 February 2022

for

KVM Air Limited

KVM Air Limited (Registered number: 13204393)






Contents of the Financial Statements
for the Period 17 January 2021 to 28 February 2022




Page

Balance Sheet 1

Notes to the Financial Statements 2


KVM Air Limited (Registered number: 13204393)

Balance Sheet
28 February 2022

Notes £   
FIXED ASSETS
Tangible assets 4 1,085

CURRENT ASSETS
Debtors 5 100
Cash at bank 9,568
9,668
CREDITORS
Amounts falling due within one year 6 (3,860 )
NET CURRENT ASSETS 5,808
TOTAL ASSETS LESS CURRENT LIABILITIES 6,893

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 6,793
6,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 August 2022 and were signed by:





Mr K J Von Mollendorf - Director


KVM Air Limited (Registered number: 13204393)

Notes to the Financial Statements
for the Period 17 January 2021 to 28 February 2022

1. STATUTORY INFORMATION

KVM Air Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13204393

Registered office: Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

KVM Air Limited (Registered number: 13204393)

Notes to the Financial Statements - continued
for the Period 17 January 2021 to 28 February 2022

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,628
At 28 February 2022 1,628
DEPRECIATION
Charge for period 543
At 28 February 2022 543
NET BOOK VALUE
At 28 February 2022 1,085

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,630
Other creditors 1,230
3,860