1 December 2022 v2024.37.1 micro_entity_frs_105_v1_1_1 filingSoftwarefalsetruetruetruefalseNo description of principal activity00truexbrli:purexbrli:sharesiso4217:GBP104720432022-12-012023-11-30104720432023-11-30104720432022-11-3010472043core:WithinOneYear2023-11-3010472043core:WithinOneYear2022-11-3010472043core:AfterOneYear2023-11-3010472043core:AfterOneYear2022-11-3010472043bus:RegisteredOffice2022-12-012023-11-3010472043bus:Director12022-12-012023-11-301047204312022-12-012023-11-30104720432021-12-012022-11-3010472043countries:EnglandWales2022-12-012023-11-3010472043bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3010472043bus:PrivateLimitedCompanyLtd2022-12-012023-11-3010472043bus:Micro-entities2022-12-012023-11-3010472043bus:FullAccounts2022-12-012023-11-30
Company registration number:
10472043
Kt Group Limited
Unaudited Filleted Financial Statements for the year ended
30 November 2023
Kt Group Limited
Statement of Financial Position
30 November 2023
20232022
££
Fixed assets
140
 
599
 
   
Current assets
1,842
 
10,614
 
Creditors: amounts falling due within one year
(4,958
)
7,905
 
Net current (liabilities)/assets
(3,116
)
18,519
 
Total assets less current liabilities
(2,976
)
19,118
 
Creditors: amounts falling due after more than one year
(8,467
)
(10,588
)
Net (liabilities)/assets
(11,443
)
8,530
 
   
Capital and reserves
(11,443
)
8,530
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
22a Orpington Road
,
London
,
N21 3PG
, England.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.
3. ACCOUNTING POLICIES
3.1 Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebate sand other similar allowances.
3.2 Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 30% on cost
Totals COST £ At 30th November 2023 - £1,517
DEPRECIATION At 1st December 2022 - £918
Charge for year - £459
At 30th November 2023 - £1,377
NET BOOK VALUE At 30th November 2023 - £140
3.3 Current Assets
Bank and cash in hand -( £1,603)
Corporation tax recoverable assets - £2,629
Trade debtors - £816
Total: £1,842
3.4 Creditors: amounts falling due within one year
Trade creditors - £175
Corporation Tax Payable: £12,743
Director Loan Account - (£45,825)
VAT Payable - £37,865
Total: £4,958
3.4 Creditors: amounts falling due more than one year
BBL - £8,467

2 Average number of employees

The average number of persons employed by the company during the year was Nil (2022: Nil).
For the year ending
30 November 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These 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
14 August 2024
, and are signed on behalf of the board by:
K Tileva
Director
Company registration number:
10472043