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REGISTERED NUMBER: 07325087 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

KTIEW COMPANY LTD

KTIEW COMPANY LTD (Registered number: 07325087)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KTIEW COMPANY LTD

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs C Emsden





REGISTERED OFFICE: 31 Patshull Road
London
NW5 2JX





REGISTERED NUMBER: 07325087 (England and Wales)





ACCOUNTANTS: Stephen Needham & Co
3 Gressenham Court
Aran Drive
Stanmore
Middlesex
HA7 4LZ

KTIEW COMPANY LTD (Registered number: 07325087)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,709,793 4,708,088

CURRENT ASSETS
Debtors 5 331,371 334,570
Cash at bank 780,364 775,462
1,111,735 1,110,032
CREDITORS
Amounts falling due within one year 6 (3,094,708 ) (3,049,965 )
NET CURRENT LIABILITIES (1,982,973 ) (1,939,933 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,726,820

2,768,155

CREDITORS
Amounts falling due after more than one
year

7

(1,134,349

)

(1,279,720

)
NET ASSETS 1,592,471 1,488,435

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,592,371 1,488,335
SHAREHOLDERS' FUNDS 1,592,471 1,488,435

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

KTIEW COMPANY LTD (Registered number: 07325087)

Balance Sheet - continued
31 March 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 11 November 2023 and were signed by:





Mrs C Emsden - Director


KTIEW COMPANY LTD (Registered number: 07325087)

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

1. STATUTORY INFORMATION

KTIEW COMPANY 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.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and Computer
property property machinery equipment Totals
£    £    £    £    £   
COST
At 1 April 2022
and 31 March 2023 4,689,950 17,171 2,284 630 4,710,035
DEPRECIATION
Charge for year - - 217 25 242
At 31 March 2023 - - 217 25 242
NET BOOK VALUE
At 31 March 2023 4,689,950 17,171 2,067 605 4,709,793
At 31 March 2022 4,689,950 17,171 2,284 630 4,710,035

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 331,371 334,570

KTIEW COMPANY LTD (Registered number: 07325087)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 145,321 91,408
Trade creditors 6,150 -
Tax 24,460 63,872
Other creditors 92,106 67,970
Directors' loan accounts 2,824,696 2,824,815
Accrued expenses 1,975 1,900
3,094,708 3,049,965

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans more 5 yr by instal 1,134,349 1,279,720

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,134,349 1,279,720

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2022 1,488,336
Profit for the year 128,495
Dividends (24,460 )
At 31 March 2023 1,592,371