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REGISTERED NUMBER: 14166814 (England and Wales)










KC BROKERS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 12TH JUNE 2022 TO 30TH JUNE 2023






KC BROKERS LTD (REGISTERED NUMBER: 14166814)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 12TH JUNE 2022 TO 30TH JUNE 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2 to 3


KC BROKERS LTD (REGISTERED NUMBER: 14166814)

BALANCE SHEET
30TH JUNE 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 77,549

CURRENT ASSETS
Cash at bank 1,483,727

CREDITORS
Amounts falling due within one year 5 578,375
NET CURRENT ASSETS 905,352
TOTAL ASSETS LESS CURRENT LIABILITIES 982,901

RESERVES
Retained earnings 982,901
982,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th June 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.

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 11th March 2024 and were signed by:





K Clarke - Director


KC BROKERS LTD (REGISTERED NUMBER: 14166814)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 12TH JUNE 2022 TO 30TH JUNE 2023


1. STATUTORY INFORMATION

Kc Brokers Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14166814

Registered office: 3365 Century Way Thorpe Park
Leeds
West Yorkshire
England
LS15 8ZB

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

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
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and Machinery 20% Straight Line
Computer Equipment 33% Straight Line

Taxation
Taxation for the period 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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

KC BROKERS LTD (REGISTERED NUMBER: 14166814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 12TH JUNE 2022 TO 30TH JUNE 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 79,557
At 30th June 2023 79,557
DEPRECIATION
Charge for period 2,008
At 30th June 2023 2,008
NET BOOK VALUE
At 30th June 2023 77,549

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 576,264
Other creditors 2,111
578,375