KNS AUTOMOTIVE LIMITED

Company Registration Number:
03663412 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

KNS AUTOMOTIVE LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

KNS AUTOMOTIVE LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 156,620 120,039
Total fixed assets: 156,620 120,039
Current assets
Stocks: 347,496 367,795
Debtors:   211,878 141,192
Cash at bank and in hand: 451,743 511,851
Total current assets: 1,011,117 1,020,838
Creditors: amounts falling due within one year:   (740,834) (517,014)
Net current assets (liabilities): 270,283 503,824
Total assets less current liabilities: 426,903 623,863
Creditors: amounts falling due after more than one year:   (128,889) (30,254)
Total net assets (liabilities): 298,014 593,609
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 297,914 593,509
Shareholders funds: 298,014 593,609

The notes form part of these financial statements

KNS AUTOMOTIVE LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 August 2024
and signed on behalf of the board by:

Name: G A BILTON
Status: Director

The notes form part of these financial statements

KNS AUTOMOTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KNS AUTOMOTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 25 25

KNS AUTOMOTIVE LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 254,503
Additions 106,224
Disposals (60,164)
At 30 November 2023 300,563
Depreciation
At 01 December 2022 134,464
Charge for year 41,958
On disposals (32,479)
At 30 November 2023 143,943
Net book value
At 30 November 2023 156,620
At 30 November 2022 120,039