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Company Registration No. 11165580 (England and Wales)
Konvert Group Ltd Unaudited accounts for the year ended 31 December 2023
Konvert Group Ltd Unaudited accounts Contents
Page
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Konvert Group Ltd Company Information for the year ended 31 December 2023
Director
Ecaterina Iuliana Jewell
Company Number
11165580 (England and Wales)
Registered Office
White Cottage Bullen Road Ryde Isle of Wight PO33 1AU UK
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Konvert Group Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
212 
528 
Current assets
Cash at bank and in hand
55 
252 
Creditors: amounts falling due within one year
(26,869)
(16,642)
Net current liabilities
(26,814)
(16,390)
Net liabilities
(26,602)
(15,862)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(26,603)
(15,863)
Shareholders' funds
(26,602)
(15,862)
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 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 24 August 2024 and were signed on its behalf by
Ecaterina Iuliana Jewell Director Company Registration No. 11165580
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Konvert Group Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Konvert Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11165580. The registered office is White Cottage, Bullen Road, Ryde, Isle of Wight, PO33 1AU, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
Straight Line - 33.33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
949 
At 31 December 2023
949 
Depreciation
At 1 January 2023
421 
Charge for the year
316 
At 31 December 2023
737 
Net book value
At 31 December 2023
212 
At 31 December 2022
528 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
26,509 
16,282 
Accruals
360 
360 
26,869 
16,642 
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Konvert Group Ltd Notes to the Accounts for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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