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Company registration number: 03995565
Kryonet Limited
Trading as Kryonet Limited
Unaudited filleted financial statements
31 May 2023
Kryonet Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Kryonet Limited
Directors and other information
Director Mr Adrian Dias
Company number 03995565
Registered office 46 Bushey Mill Lane
Watford
Hertz
WD24 7QR
Business address 46 Bushey Mill Lane
Watford
Herts.
WD24 7QR
Accountants Pandit & Associates Limited
Porltand House
228 Portland Crescent
Stanmore
Middlesex
HA7 1LS
Bankers Halifax
Watford
23-27 High Street
Watford
WD17 2HF
Barlcays Bank
1 Churchill Place
London
E14 5HP
Kryonet Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Kryonet Limited
Year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kryonet Limited for the year ended 31 May 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the director of Kryonet Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Kryonet Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kryonet Limited and its director as a body for our work or for this report.
It is your duty to ensure that Kryonet Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Kryonet Limited. You consider that Kryonet Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Kryonet Limited. 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 financial statements.
Pandit & Associates Limited
Chartered Certified Accountants
Porltand House
228 Portland Crescent
Stanmore
Middlesex
HA7 1LS
15 February 2024
Kryonet Limited
Statement of financial position
31 May 2023
2023 2022
£ £
Fixed assets 32,428 6,023
_______ _______
Current assets 251,663 288,969
Creditors: amounts falling due within one year ( 342,841) ( 311,761)
_______ _______
Net current liabilities ( 91,178) ( 22,792)
_______ _______
Total assets less current liabilities ( 58,750) ( 16,769)
Creditors: amounts falling due after more than one year ( 26,198) ( 4,000)
Accruals and deferred income ( 3,600) ( 4,430)
_______ _______
Net liabilities ( 88,548) ( 25,199)
_______ _______
Capital and reserves ( 88,548) ( 25,199)
_______ _______
Notes to the financial statements
Kryonet Limited
Year ended 31 May 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr Adrian Dias ( 223,542) ( 26,959) 11,680 ( 238,821)
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr Adrian Dias ( 205,173) ( 27,158) 8,789 ( 223,542)
_______ _______ _______ _______
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.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 15 February 2024 , and are signed on behalf of the board by:
Mr Adrian Dias
Director
Company registration number: 03995565
The company is a private company limited by shares, registered in England and Wales.