KN2 CONSULTANCY LTD

Company Registration Number:
13505254 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

KN2 CONSULTANCY LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

KN2 CONSULTANCY LTD

Profit And Loss Account

for the Period Ended 31 July 2023

2023 13 months to 31 July 2022


£

£
Turnover: 16,894,620 5,814,611
Cost of sales: ( 6,918,612 ) ( 2,711,919 )
Gross profit(or loss): 9,976,008 3,102,692
Distribution costs: ( 112,640 ) ( 59,618 )
Administrative expenses: ( 74,901 ) ( 48,640 )
Other operating income: 0 0
Operating profit(or loss): 9,788,467 2,994,434
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 84,702 ) ( 17,981 )
Profit(or loss) before tax: 9,703,765 2,976,453
Tax: ( 2,461,993 ) ( 612,000 )
Profit(or loss) for the financial year: 7,241,772 2,364,453

KN2 CONSULTANCY LTD

Balance sheet

As at 31 July 2023

Notes 2023 13 months to 31 July 2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Intangible assets: 3 25,000 25,000
Tangible assets: 4 4,117,630 368,000
Investments: 5 650,000 40,000
Total fixed assets: 4,792,630 433,000
Current assets
Stocks: 6 392,814 284,598
Debtors: 7 412,680 890,700
Cash at bank and in hand: 1,690,112 74,827
Investments:   0 0
Total current assets: 2,495,606 1,250,125
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 8 ( 39,872 ) ( 690,000 )
Net current assets (liabilities): 2,455,734 560,125
Total assets less current liabilities: 7,248,464 993,225
Creditors: amounts falling due after more than one year: 9 ( 218,964 ) ( 25,000 )
Provision for liabilities: ( 150,000 ) ( 30,000 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 6,879,500 938,225
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 6,879,400 938,125
Total Shareholders' funds: 6,879,500 938,225

The notes form part of these financial statements

KN2 CONSULTANCY LTD

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 24 September 2023
and signed on behalf of the board by:

Name: Hariz Waiyasil
Status: Director

The notes form part of these financial statements

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 13 months to 31 July 2022
    Average number of employees during the period 31 4

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 August 2022 25,000 25,000
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 July 2023 25,000 25,000
Amortisation
At 1 August 2022 0 0
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 31 July 2023 0 0
Net book value
At 31 July 2023 25,000 25,000
At 31 July 2022 25,000 25,000

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 68,000 145,000 15,000 140,000 368,000
Additions 0 1,412,668 50,000 2,286,962 3,749,630
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 July 2023 68,000 1,557,668 65,000 2,426,962 4,117,630
Depreciation
At 1 August 2022 0 0
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 31 July 2023 0 0
Net book value
At 31 July 2023 68,000 1,557,668 65,000 2,426,962 4,117,630
At 31 July 2022 68,000 145,000 15,000 140,000 368,000

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Fixed assets investments note

We have given another £600,000 to Fixed Investment within the company to cope with the Infrastructure and its growth.

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Stocks

2023 13 months to 31 July 2022
£ £
Stocks 392,814 284,598
Payments on account 0 0
Total 392,814 284,598

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

7. Debtors

2023 13 months to 31 July 2022
£ £
Trade debtors 412,680 890,700
Prepayments and accrued income 0 0
Other debtors 0 0
Total 412,680 890,700
Debtors due after more than one year: 0 0

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

8. Creditors: amounts falling due within one year note

2023 13 months to 31 July 2022
£ £
Amounts due under finance leases and hire purchase contracts 39,872 690,000
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 39,872 690,000

KN2 CONSULTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

9. Creditors: amounts falling due after more than one year note

2023 13 months to 31 July 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 218,964 25,000
Other creditors 0 0
Total 218,964 25,000