Bureau Krv Ltd 14368401 false 2023-09-21 2023-09-30 2023-09-30 The principal activity of the company is Business and management consultancy activities Digita Accounts Production Advanced 6.30.9574.0 true 14368401 2023-09-21 2023-09-30 14368401 2023-09-30 14368401 core:CurrentFinancialInstruments 2023-09-30 14368401 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 14368401 core:FurnitureFittingsToolsEquipment 2023-09-30 14368401 bus:SmallEntities 2023-09-21 2023-09-30 14368401 bus:AuditExemptWithAccountantsReport 2023-09-21 2023-09-30 14368401 bus:FullAccounts 2023-09-21 2023-09-30 14368401 bus:SmallCompaniesRegimeForAccounts 2023-09-21 2023-09-30 14368401 bus:RegisteredOffice 2023-09-21 2023-09-30 14368401 bus:Director1 2023-09-21 2023-09-30 14368401 bus:Director2 2023-09-21 2023-09-30 14368401 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-09-21 2023-09-30 14368401 bus:PrivateLimitedCompanyLtd 2023-09-21 2023-09-30 14368401 core:OfficeEquipment 2023-09-21 2023-09-30 14368401 countries:AllCountries 2023-09-21 2023-09-30 14368401 2023-09-20 14368401 core:FurnitureFittingsToolsEquipment 2023-09-20 14368401 2022-09-21 2023-09-20 14368401 2023-09-20 14368401 core:CurrentFinancialInstruments 2023-09-20 14368401 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-20 14368401 core:FurnitureFittingsToolsEquipment 2023-09-20 14368401 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-09-21 2023-09-20 iso4217:GBP xbrli:pure

Registration number: 14368401

Bureau Krv Ltd

Annual Report and Unaudited Financial Statements

for the Period from 21 September 2023 to 30 September 2023

 

Bureau Krv Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

Bureau Krv Ltd

Company Information

Directors

Mr Davor Krvavac

Ms Chiara Sambonet

Registered office

26 Wimbolt Street
London
E2 7BX

Accountants

Simon Kingsley
58 Montague Road
Hackney
London
E8 2HW

 

Bureau Krv Ltd

(Registration number: 14368401)
Balance Sheet as at 30 September 2023

Note

2023
£

2023
£

Fixed assets

 

Tangible assets

4

1,426

1,426

Current assets

 

Debtors

5

23,069

23,069

Cash at bank and in hand

 

47,244

47,244

 

70,313

70,313

Creditors: Amounts falling due within one year

6

(63,605)

(63,605)

Net current assets

 

6,708

6,708

Net assets

 

8,134

8,134

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

8,034

8,034

Shareholders' funds

 

8,134

8,134

For the financial period ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 7 November 2023 and signed on its behalf by:
 

.........................................
Mr Davor Krvavac
Director

 

Bureau Krv Ltd

Notes to the Unaudited Financial Statements for the Period from 21 September 2023 to 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
26 Wimbolt Street
London
E2 7BX

These financial statements were authorised for issue by the Board on 7 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Bureau Krv Ltd

Notes to the Unaudited Financial Statements for the Period from 21 September 2023 to 30 September 2023

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Bureau Krv Ltd

Notes to the Unaudited Financial Statements for the Period from 21 September 2023 to 30 September 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 1 (2023 - 1).

 

Bureau Krv Ltd

Notes to the Unaudited Financial Statements for the Period from 21 September 2023 to 30 September 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 21 September 2023

2,139

2,139

At 30 September 2023

2,139

2,139

Depreciation

At 21 September 2023

713

713

At 30 September 2023

713

713

Carrying amount

At 30 September 2023

1,426

1,426

At 20 September 2023

1,426

1,426

5

Debtors

Current

2023
£

2023
£

Trade debtors

23,069

23,069

6

Creditors

Creditors: amounts falling due within one year

2023
£

2023
£

Due within one year

Taxation and social security

46,449

46,449

Accruals and deferred income

12,606

12,606

Other creditors

4,550

4,550

63,605

63,605

 

Bureau Krv Ltd

Notes to the Unaudited Financial Statements for the Period from 21 September 2023 to 30 September 2023

7

Share capital

8

Dividends

Interim dividends paid

   

2023
£

 

2023
£

Interim dividend of £Nil (2023 - £1,460.00) per each Ordinary

 

-

 

146,000

         

9

Related party transactions

 

Bureau Krv Ltd

Notes to the Unaudited Financial Statements for the Period from 21 September 2023 to 30 September 2023

Directors' remuneration

The directors' remuneration for the period was as follows:

2023
£

2023
£

Remuneration

-

4,550