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REGISTERED NUMBER: 13421135 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

K Projects NE Ltd

K Projects NE Ltd (Registered number: 13421135)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

K Projects NE Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: P Kennedy





REGISTERED OFFICE: 85 Sullivan Walk
Hebburn
United Kingdom
Tyne and Wear
NE31 1YW





REGISTERED NUMBER: 13421135 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

K Projects NE Ltd (Registered number: 13421135)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 217 255

CURRENT ASSETS
Debtors 5 18,751 26,607
Cash at bank 88,726 40,437
107,477 67,044
CREDITORS
Amounts falling due within one year 6 23,656 17,809
NET CURRENT ASSETS 83,821 49,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,038

49,490

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 84,037 49,489
SHAREHOLDERS' FUNDS 84,038 49,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

K Projects NE Ltd (Registered number: 13421135)

Balance Sheet - continued
31 May 2023


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 17 October 2023 and were signed by:





P Kennedy - Director


K Projects NE Ltd (Registered number: 13421135)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

K Projects NE Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

K Projects NE Ltd (Registered number: 13421135)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 June 2022
and 31 May 2023 300
DEPRECIATION
At 1 June 2022 45
Charge for year 38
At 31 May 2023 83
NET BOOK VALUE
At 31 May 2023 217
At 31 May 2022 255

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£ £
Trade debtors 10,737 11,054
Other debtors - 8,346
Directors' loan accounts 8,014 7,207
18,751 26,607

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£ £
Trade creditors 419 204
Tax 17,438 11,607
VAT 5,249 5,498
Accrued expenses 550 500
23,656 17,809

K Projects NE Ltd

Report of the Accountants to the Director of
K Projects NE Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2023 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


17 October 2023