Company Registration No. 11369963 (England and Wales)
KKJ FASHION LIMITED
Unaudited accounts
for the year ended 31 May 2023
KKJ FASHION LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
2,180
2,750
Cash at bank and in hand
23,302
19,233
Creditors: amounts falling due within one year
(24,040)
(18,517)
Net current assets
16,932
18,261
Total assets less current liabilities
19,112
21,011
Creditors: amounts falling due after more than one year
(18,817)
(22,343)
Net assets/(liabilities)
295
(1,332)
Called up share capital
100
100
Profit and loss account
195
(1,432)
Shareholders' funds
295
(1,332)
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 June 2023 and were signed on its behalf by
Ahmad Rahman
Director
Company Registration No. 11369963
KKJ FASHION LIMITED
Notes to the Accounts
for the year ended 31 May 2023
KKJ FASHION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11369963. The registered office is 8 LEAGRAVE ROAD, LUTON, LU4 8HZ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents net invoiced sales of goods, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Fixtures & fittings
20% on reducing balance
Inventories have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Tangible fixed assets
Total
KKJ FASHION LIMITED
Notes to the Accounts
for the year ended 31 May 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 2 (2022: 3).