KIAN 2 WHOLESALE LTD

Company Registration Number:
14458312 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 02 November 2022

End date: 30 November 2023

KIAN 2 WHOLESALE LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

KIAN 2 WHOLESALE LTD

Company Information

for the Period Ended 30 November 2023




Director: Soran Abbas HAMZA
Registered office: 31
Salisbury Road
Cardiff
GB-WLS
CF24 4AA
Company Registration Number: 14458312 (England and Wales)

KIAN 2 WHOLESALE LTD

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Directors

The director(s) shown below were appointed to the company during the period
Soran Abbas HAMZA
02 November 2022

This report was approved by the board of directors on 9 February 2024
And Signed On Behalf Of The Board By:

Name: Soran Abbas HAMZA
Status: Director

KIAN 2 WHOLESALE LTD

Profit and Loss Account

for the Period Ended 30 November 2023


Notes
13 months to
30 Nov 2023
£
Turnover 180,562
Cost of sales ( 93,482 )
Gross Profit or (Loss) 87,080
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 131,391 )
Operating Profit or (Loss) ( 44,311 )
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax ( 44,311 )
Tax on Profit ( 0 )
Profit or (Loss) for Period ( 44,311 )

The notes form part of these financial statements

KIAN 2 WHOLESALE LTD

Balance sheet

As at 30 November 2023


Notes
13 months to
30 Nov 2023
£
Fixed assets
Intangible assets: 4 237,500
Tangible assets: 5 22,500
Total fixed assets: 260,000
Current assets
Stocks: 21,500
Debtors: 6 0
Cash at bank and in hand: 77,122
Total current assets: 98,622
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 7 ( 608 )
Net current assets (liabilities): 98,014
Total assets less current liabilities: 358,014
Creditors: amounts falling due after more than one year: 8 ( 0 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 358,014

The notes form part of these financial statements

KIAN 2 WHOLESALE LTD

Balance sheet continued

As at 30 November 2023


Notes
13 months to
30 Nov 2023
£
Capital and reserves
Called up share capital: 358,014
Revaluation reserve: 9 0
Profit and loss account: 0
Shareholders funds: 358,014

For the year ending 30 November 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 9 February 2024
And Signed On Behalf Of The Board By:

Name: Soran Abbas HAMZA
Status: Director

The notes form part of these financial statements

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    13 months to
    30 Nov 2023
    Average number of employees during the period 4

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Intangible assets

Goodwill Total
Cost £ £
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 250,000 250,000
At 30 November 2023 250,000 250,000
Amortisation
Charge for year 12,500 12,500
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 30 November 2023 12,500 12,500
Net book value
Net book value at 30 November 2023 237,500 237,500

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Tangible assets

Plant & machinery Total
Cost £ £
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 25,000 25,000
At 30 November 2023 25,000 25,000
Depreciation
Charge for year 2,500 2,500
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 30 November 2023 2,500 2,500
Net book value
At 30 November 2023 22,500 22,500

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Debtors

13 months to
30 Nov 2023
£
Trade debtors 0
Prepayments and accrued income 0
Other debtors 0
Total 0

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

7.Creditors: amounts falling due within one year note

13 months to
30 Nov 2023
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 608
Accruals and deferred income 0
Other creditors 0
Total 608

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

8.Creditors: amounts falling due after more than one year

13 months to
30 Nov 2023
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 0
Total 0

KIAN 2 WHOLESALE LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

9. Revaluation reserve

13 months to
30 Nov 2023
£
Surplus or deficit after revaluation 0
Balance at 30 November 2023 0