Company Registration No. 10458439 (England and Wales)
KNNAK LIMITED
Unaudited accounts
for the year ended 30 November 2023
KNNAK LIMITED
Unaudited accounts
Contents
KNNAK LIMITED
Company Information
for the year ended 30 November 2023
Directors
BANGA, Kanwar Paul
BANGA, Nikita
Secretary
FLEMING, Simone Janette
Company Number
10458439 (England and Wales)
Registered Office
48 STANHOPE ROAD
BOWDON
ALTRINCHAM
WA14 3JT
UNITED KINGDOM
Accountants
Enso Accountants Ltd
KNNAK LIMITED
Statement of financial position
as at 30 November 2023
Investment property
1,747,753
2,197,753
Investments
450,128
450,128
Cash at bank and in hand
70,927
5,492
Creditors: amounts falling due within one year
(1,766,375)
(2,176,552)
Net current liabilities
(1,465,562)
(2,011,373)
Total assets less current liabilities
732,319
636,508
Provisions for liabilities
Other provisions
(127,842)
(127,842)
Net assets
604,477
508,666
Called up share capital
100
100
Revaluation reserve
276,598
276,807
Profit and loss account
327,779
231,759
Shareholders' funds
604,477
508,666
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. 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 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 of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by
BANGA, Kanwar Paul
Director
Company Registration No. 10458439
KNNAK LIMITED
Notes to the Accounts
for the year ended 30 November 2023
KNNAK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10458439. The registered office is 48 STANHOPE ROAD, BOWDON, ALTRINCHAM, WA14 3JT, UNITED KINGDOM.
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.
Fair value at 1 December 2022
2,197,753
At 30 November 2023
1,747,753
5
Investments
Subsidiary undertakings
Valuation at 1 December 2022
450,128
Valuation at 30 November 2023
450,128
Amounts falling due within one year
Amounts due from group undertakings etc.
227,334
124,759
KNNAK LIMITED
Notes to the Accounts
for the year ended 30 November 2023
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
26,525
338,820
Taxes and social security
78,308
51,248
Other creditors
1,657,142
1,786,484
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).