Company Registration No. 07085291 (England and Wales)
KGN EUROPE (UK) LTD
Unaudited accounts
for the year ended 30 November 2022
KGN EUROPE (UK) LTD
Unaudited accounts
Contents
KGN EUROPE (UK) LTD
Company Information
for the year ended 30 November 2022
Company Number
07085291 (England and Wales)
Registered Office
C/O 53B
PLASHET GROVE
LONDON
E6 1AD
United Kingdom
KGN EUROPE (UK) LTD
Statement of financial position
as at 30 November 2022
Tangible assets
1,460
1,645
Cash at bank and in hand
9,550
2,381
Creditors: amounts falling due within one year
(2,956)
(2,956)
Net current assets
25,212
33,430
Called up share capital
1
1
Profit and loss account
26,671
35,074
Shareholders' funds
26,672
35,075
For the year ending 30 November 2022 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.
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 30 November 2023 and were signed on its behalf by
Pervez KHAN
Director
Company Registration No. 07085291
KGN EUROPE (UK) LTD
Notes to the Accounts
for the year ended 30 November 2022
KGN EUROPE (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 07085291. The registered office is C/O 53B, PLASHET GROVE, LONDON, E6 1AD, 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.
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:
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2021
9,557
1,124
10,681
At 30 November 2022
9,557
1,124
10,681
At 1 December 2021
8,755
281
9,036
Charge for the year
-
185
185
At 30 November 2022
8,755
466
9,221
At 30 November 2022
802
658
1,460
At 30 November 2021
802
843
1,645
Amounts falling due within one year
Other debtors
18,618
34,005
KGN EUROPE (UK) LTD
Notes to the Accounts
for the year ended 30 November 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
2,956
2,956
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).