Company Registration No. 10058483 (England and Wales)
KUSH ACADEMY LIMITED
Unaudited accounts
for the year ended 31 March 2023
KUSH ACADEMY LIMITED
Unaudited accounts
Contents
KUSH ACADEMY LIMITED
Company Information
for the year ended 31 March 2023
Director
MRS AISHA IDRIS MAHAMA
Company Number
10058483 (England and Wales)
Registered Office
190-196 DEPTFORD HIGH STREET
LONDON
SE8 3PR
ENGLAND
KUSH ACADEMY LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
10,603
12,929
Cash at bank and in hand
973
622
Creditors: amounts falling due within one year
-
(75,553)
Net current assets/(liabilities)
973
(74,931)
Total assets less current liabilities
11,576
(62,002)
Creditors: amounts falling due after more than one year
(169,781)
(27,791)
Net liabilities
(158,205)
(89,793)
Called up share capital
100
100
Profit and loss account
(158,305)
(89,893)
Shareholders' funds
(158,205)
(89,793)
For the year ending 31 March 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 director acknowledges her 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 6 August 2024 and were signed on its behalf by
MRS AISHA IDRIS MAHAMA
Director
Company Registration No. 10058483
KUSH ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2023
KUSH ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10058483. The registered office is 190-196 DEPTFORD HIGH STREET, LONDON, SE8 3PR, ENGLAND.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
6,500
9,350
9,699
4,500
30,049
At 31 March 2023
6,500
9,350
9,699
4,500
30,049
At 1 April 2022
3,703
5,327
5,526
2,564
17,120
Charge for the year
503
724
751
348
2,326
At 31 March 2023
4,206
6,051
6,277
2,912
19,446
At 31 March 2023
2,294
3,299
3,422
1,588
10,603
At 31 March 2022
2,797
4,023
4,173
1,936
12,929
KUSH ACADEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
1,081
Loans from directors
-
880
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
74,103
-
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).