2022-04-012023-03-312023-03-31false12950270KONNECT 2 GROW LTD2023-12-21iso4217:GBPxbrli:pure129502702022-04-01129502702023-03-31129502702022-04-012023-03-31129502702020-10-14129502702022-03-31129502702020-10-142022-03-3112950270bus:SmallEntities2022-04-012023-03-3112950270bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3112950270bus:FullAccounts2022-04-012023-03-3112950270bus:PrivateLimitedCompanyLtd2022-04-012023-03-3112950270core:WithinOneYear2023-03-3112950270core:AfterOneYear2023-03-3112950270core:WithinOneYear2022-03-3112950270core:AfterOneYear2022-03-3112950270core:ShareCapital2023-03-3112950270core:SharePremium2023-03-3112950270core:RevaluationReserve2023-03-3112950270core:OtherReservesSubtotal2023-03-3112950270core:RetainedEarningsAccumulatedLosses2023-03-3112950270core:ShareCapital2022-03-3112950270core:SharePremium2022-03-3112950270core:RevaluationReserve2022-03-3112950270core:OtherReservesSubtotal2022-03-3112950270core:RetainedEarningsAccumulatedLosses2022-03-3112950270core:LandBuildings2023-03-3112950270core:PlantMachinery2023-03-3112950270core:Vehicles2023-03-3112950270core:FurnitureFittings2023-03-3112950270core:OfficeEquipment2023-03-3112950270core:NetGoodwill2023-03-3112950270core:IntangibleAssetsOtherThanGoodwill2023-03-3112950270core:ListedExchangeTraded2023-03-3112950270core:UnlistedNon-exchangeTraded2023-03-3112950270core:LandBuildings2022-03-3112950270core:PlantMachinery2022-03-3112950270core:Vehicles2022-03-3112950270core:FurnitureFittings2022-03-3112950270core:OfficeEquipment2022-03-3112950270core:NetGoodwill2022-03-3112950270core:IntangibleAssetsOtherThanGoodwill2022-03-3112950270core:ListedExchangeTraded2022-03-3112950270core:UnlistedNon-exchangeTraded2022-03-3112950270core:LandBuildings2022-04-012023-03-3112950270core:PlantMachinery2022-04-012023-03-3112950270core:Vehicles2022-04-012023-03-3112950270core:FurnitureFittings2022-04-012023-03-3112950270core:OfficeEquipment2022-04-012023-03-3112950270core:NetGoodwill2022-04-012023-03-3112950270core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112950270core:ListedExchangeTraded2022-04-012023-03-3112950270core:UnlistedNon-exchangeTraded2022-04-012023-03-3112950270core:MoreThanFiveYears2022-04-012023-03-3112950270core:Non-currentFinancialInstruments2023-03-3112950270core:Non-currentFinancialInstruments2022-03-3112950270dpl:CostSales2022-04-012023-03-3112950270dpl:DistributionCosts2022-04-012023-03-3112950270core:LandBuildings2022-04-012023-03-3112950270core:PlantMachinery2022-04-012023-03-3112950270core:Vehicles2022-04-012023-03-3112950270core:FurnitureFittings2022-04-012023-03-3112950270core:OfficeEquipment2022-04-012023-03-3112950270dpl:AdministrativeExpenses2022-04-012023-03-3112950270core:NetGoodwill2022-04-012023-03-3112950270core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112950270dpl:GroupUndertakings2022-04-012023-03-3112950270dpl:ParticipatingInterests2022-04-012023-03-3112950270dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112950270core:ListedExchangeTraded2022-04-012023-03-3112950270dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112950270core:UnlistedNon-exchangeTraded2022-04-012023-03-3112950270dpl:CostSales2020-10-142022-03-3112950270dpl:DistributionCosts2020-10-142022-03-3112950270core:LandBuildings2020-10-142022-03-3112950270core:PlantMachinery2020-10-142022-03-3112950270core:Vehicles2020-10-142022-03-3112950270core:FurnitureFittings2020-10-142022-03-3112950270core:OfficeEquipment2020-10-142022-03-3112950270dpl:AdministrativeExpenses2020-10-142022-03-3112950270core:NetGoodwill2020-10-142022-03-3112950270core:IntangibleAssetsOtherThanGoodwill2020-10-142022-03-3112950270dpl:GroupUndertakings2020-10-142022-03-3112950270dpl:ParticipatingInterests2020-10-142022-03-3112950270dpl:GroupUndertakingscore:ListedExchangeTraded2020-10-142022-03-3112950270core:ListedExchangeTraded2020-10-142022-03-3112950270dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-10-142022-03-3112950270core:UnlistedNon-exchangeTraded2020-10-142022-03-3112950270core:NetGoodwill2023-03-3112950270core:IntangibleAssetsOtherThanGoodwill2023-03-3112950270core:LandBuildings2023-03-3112950270core:PlantMachinery2023-03-3112950270core:Vehicles2023-03-3112950270core:FurnitureFittings2023-03-3112950270core:OfficeEquipment2023-03-3112950270core:AfterOneYear2023-03-3112950270core:WithinOneYear2023-03-3112950270core:ListedExchangeTraded2023-03-3112950270core:UnlistedNon-exchangeTraded2023-03-3112950270core:ShareCapital2023-03-3112950270core:SharePremium2023-03-3112950270core:RevaluationReserve2023-03-3112950270core:OtherReservesSubtotal2023-03-3112950270core:RetainedEarningsAccumulatedLosses2023-03-3112950270core:NetGoodwill2022-03-3112950270core:IntangibleAssetsOtherThanGoodwill2022-03-3112950270core:LandBuildings2022-03-3112950270core:PlantMachinery2022-03-3112950270core:Vehicles2022-03-3112950270core:FurnitureFittings2022-03-3112950270core:OfficeEquipment2022-03-3112950270core:AfterOneYear2022-03-3112950270core:WithinOneYear2022-03-3112950270core:ListedExchange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KONNECT 2 GROW LTD

Registered Number
12950270
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

KONNECT 2 GROW LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

Craig Sparrow

Registered Address

4 Hrfc Business Centre
Leicester Road
Hinckley
LE10 3DR

Registered Number

12950270 (England and Wales)
KONNECT 2 GROW LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets69,600-
Tangible assets7733-
10,333-
Current assets
Debtors183-
Cash at bank and on hand118100
301100
Creditors amounts falling due within one year8(15,702)-
Net current assets (liabilities)(15,401)100
Total assets less current liabilities(5,068)100
Net assets(5,068)100
Capital and reserves
Called up share capital100100
Profit and loss account(5,168)-
Shareholders' funds(5,068)100
The financial statements were approved and authorised for issue by the Director on 21 December 2023, and are signed on its behalf by:
Craig Sparrow
Director
Registered Company No. 12950270
KONNECT 2 GROW LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
Marketing services
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Intangible assets policy
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
5.Employee information

20232022
Average number of employees during the year12
6.Intangible assets

Other

Total

££
Cost or valuation
Additions12,00012,000
At 31 March 2312,00012,000
Amortisation and impairment
Charge for year2,4002,400
At 31 March 232,4002,400
Net book value
At 31 March 239,6009,600
At 31 March 22--
7.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
Additions1,1001,100
At 31 March 231,1001,100
Depreciation and impairment
Charge for year367367
At 31 March 23367367
Net book value
At 31 March 23733733
At 31 March 22--
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables254-
Other creditors15,148-
Accrued liabilities and deferred income300-
Total15,702-
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.