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Company Registration No. 06417243 (England and Wales)
KR Management Ltd. Unaudited accounts for the year ended 30 November 2023
KR Management Ltd. Unaudited accounts Contents
Page
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KR Management Ltd. Company Information for the year ended 30 November 2023
Directors
Rajinder Singh BIRK Jasveen BIRK
Company Number
06417243 (England and Wales)
Registered Office
BASEMENT FLOOR 8, SHEPHERDS BUSH ROAD LONDON W6 7PJ ENGLAND
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KR Management Ltd. Accountants' report
Accountants' report to the board of directors of KR Management Ltd. on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KR Management Ltd. for the year ended 30 November 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of KR Management Ltd., as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of KR Management Ltd. and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KR Management Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that KR Management Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of KR Management Ltd.. You consider that KR Management Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of KR Management Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
14 July 2024
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KR Management Ltd. Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
149,500 
149,500 
Tangible assets
30,691 
25,576 
180,191 
175,076 
Current assets
Inventories
54,240 
32,540 
Debtors
3,754 
1,730 
Cash at bank and in hand
14,783 
10,019 
72,777 
44,289 
Creditors: amounts falling due within one year
(30,683)
(23,940)
Net current assets
42,094 
20,349 
Total assets less current liabilities
222,285 
195,425 
Creditors: amounts falling due after more than one year
164,340 
181,599 
Net assets
386,625 
377,024 
Capital and reserves
Called up share capital
100 
100 
Share premium
139,285 
139,285 
Profit and loss account
247,240 
237,639 
Shareholders' funds
386,625 
377,024 
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 July 2024 and were signed on its behalf by
Rajinder Singh BIRK Director Company Registration No. 06417243
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KR Management Ltd. Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
KR Management Ltd. is a private company, limited by shares, registered in England and Wales, registration number 06417243. The registered office is BASEMENT FLOOR, 8, SHEPHERDS BUSH ROAD, LONDON, W6 7PJ, 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.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2022
149,500 
At 30 November 2023
149,500 
Amortisation
At 1 December 2022
- 
At 30 November 2023
- 
Net book value
At 30 November 2023
149,500 
At 30 November 2022
149,500 
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KR Management Ltd. Notes to the Accounts for the year ended 30 November 2023
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
39,114 
At 30 November 2023
39,114 
Depreciation
At 1 December 2022
13,538 
Charge for the year
(5,115)
At 30 November 2023
8,423 
Net book value
At 30 November 2023
30,691 
At 30 November 2022
25,576 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,754 
- 
Other debtors
- 
1,730 
3,754 
1,730 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
3,740 
4,270 
Taxes and social security
6,943 
9,670 
Proposed dividends
20,000 
10,000 
30,683 
23,940 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
(164,340)
(181,599)
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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