Company Registration No. 11745045 (England and Wales)
KWusu Alloys ltd
Unaudited accounts
for the year ended 31 December 2023
KWusu Alloys ltd
Unaudited accounts
Contents
KWusu Alloys ltd
Company Information
for the year ended 31 December 2023
Company Number
11745045 (England and Wales)
Registered Office
404 ANSTY ROAD
COVENTRY
CV2 3FF
ENGLAND
KWusu Alloys ltd
Statement of financial position
as at 31 December 2023
Tangible assets
5,141
4,501
Cash at bank and in hand
15,028
13,472
Creditors: amounts falling due within one year
(1,718)
(1,781)
Net current assets
13,496
13,595
Total assets less current liabilities
18,637
18,096
Creditors: amounts falling due after more than one year
(2,118)
(3,773)
Called up share capital
(1)
(1)
Profit and loss account
16,520
14,324
Shareholders' funds
16,519
14,323
For the year ending 31 December 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 his 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 18 May 2024 and were signed on its behalf by
Kwaku Owusu
Director
Company Registration No. 11745045
KWusu Alloys ltd
Notes to the Accounts
for the year ended 31 December 2023
KWusu Alloys ltd is a private company, limited by shares, registered in England and Wales, registration number 11745045. The registered office is 404 ANSTY ROAD, COVENTRY, CV2 3FF, 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.
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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
9,000
964
9,964
At 31 December 2023
13,710
964
14,674
At 1 January 2023
4,500
963
5,463
Charge for the year
4,070
-
4,070
At 31 December 2023
8,570
963
9,533
At 31 December 2023
5,140
1
5,141
At 31 December 2022
4,500
1
4,501
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,718
1,781
KWusu Alloys ltd
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).