6 October 2022 false No description of principal activity Taxfiler 2023.12 14402083business:PrivateLimitedCompanyLtd2022-10-062023-10-31 144020832022-10-05 144020832022-10-062023-10-31 14402083business:AuditExemptWithAccountantsReport2022-10-062023-10-31 14402083business:FilletedAccounts2022-10-062023-10-31 144020832023-10-31 14402083business:Director12022-10-062023-10-31 14402083business:Director22022-10-062023-10-31 14402083business:RegisteredOffice2022-10-062023-10-31 14402083core:WithinOneYear2023-10-31 14402083core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 14402083core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 14402083core:PreviouslyStatedAmount2023-10-31 14402083business:SmallEntities2022-10-062023-10-31 14402083countries:EnglandWales2022-10-062023-10-31 14402083core:MotorVehicles2022-10-062023-10-31 14402083core:MotorVehicles2022-10-05 14402083core:MotorVehicles2023-10-31 14402083business:Director112022-10-062023-10-31 14402083business:Director112022-10-05 14402083business:Director112023-10-31 14402083business:Director222022-10-062023-10-31 14402083business:Director222022-10-05 14402083business:Director222023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 14402083 (England and Wales)
KNT ELECTRICS LTD Unaudited accounts for the period from 6 October 2022 to 31 October 2023
KNT ELECTRICS LTD Unaudited accounts Contents
Page
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KNT ELECTRICS LTD Company Information for the period from 6 October 2022 to 31 October 2023
Directors
Kent,Dean Kent Ryan
Company Number
14402083 (England and Wales)
Registered Office
15 MARTLETTS CLOSE Peacehaven BN10 8FW United kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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KNT ELECTRICS LTD Accountants' report
Accountants' report to the board of directors of KNT ELECTRICS LTD on the preparation of the unaudited statutory accounts for the period from 6 October 2022 to 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KNT ELECTRICS LTD for the period from 6 October 2022 to 31 October 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of KNT ELECTRICS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of KNT ELECTRICS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KNT ELECTRICS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that KNT ELECTRICS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of KNT ELECTRICS LTD. You consider that KNT ELECTRICS LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of KNT ELECTRICS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 21 December 2023
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KNT ELECTRICS LTD Statement of financial position as at 31 October 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
4,613 
Current assets
Cash at bank and in hand
5,620 
Creditors: amounts falling due within one year
(5,568)
Net current assets
52 
Net assets
4,665 
Capital and reserves
Called up share capital
40 
Profit and loss account
4,625 
Shareholders' funds
4,665 
For the period ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 21 December 2023 and were signed on its behalf by
Kent,Dean Director Company Registration No. 14402083
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KNT ELECTRICS LTD Notes to the Accounts for the period from 6 October 2022 to 31 October 2023
1
Statutory information
KNT ELECTRICS LTD is a private company, limited by shares, registered in England and Wales, registration number 14402083. The registered office is 15 MARTLETTS CLOSE, Peacehaven, BN10 8FW, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% on reducing balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 6 October 2022
- 
Additions
5,400 
At 31 October 2023
5,400 
Depreciation
Charge for the period
787 
At 31 October 2023
787 
Net book value
At 31 October 2023
4,613 
5
Creditors: amounts falling due within one year
2023 
£ 
VAT
370 
Taxes and social security
3 
Loans from directors
4,499 
Accruals
696 
5,568 
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KNT ELECTRICS LTD Notes to the Accounts for the period from 6 October 2022 to 31 October 2023
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Kent,Dean
Director Loan Account
- 
(3,505)
(1,248)
(2,257)
Kent Ryan
Director Loan Account
- 
(3,312)
(1,070)
(2,242)
- 
(6,817)
(2,318)
(4,499)
7
Average number of employees
During the period the average number of employees was 0.
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